$10,000 Closing Credit¹
#GC528945, Bob Mitchell, Listing Office: MITCHELL REALTY SERVICES INC
$249,900 List price
1509 NE 5th Ave Gainesville, FL 32641
$2,968
Closing credit¹
6 beds
2 baths
1,587 sqft
0.3 acres
$157 / sqft
Multi-Family
Property details
About 1509 NE 5th Ave
Recently REDUCED BY $10,000.00 TO SELL. Conveniently located duplex with 3 bedrooms on each side, in Gainesville. Building backs up to CF Franklin Memorial Park, close to Walmart and downtown Gainesville. Large yard, which is mostly fenced. House is concrete block/stucco. Occupied by long-time tenants at this time. This is income property, you have income from day one. Rent roll is currently under market. Great long term investment.
Highlights
Home typeDuplex
HeatingElectric
StatusActive
CoolingCentral Air
Size1,587 sqft
Lot size0.28 Acres
Year built1980
ParkingOff Street
MLS #GC523160
Summary
- Flooring Type: Carpet, Ceramic Tile
- Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
- Total Bedroom Count: 6
- Private Pool: No
- Parking: Off Street
- Exterior: Fence
- Heating: Electric
- Cooling: Central Air
- List Price: $249,900
- Price/SqFt: $157
- HOA Amount: $0
- Annual Tax Amount: $2,376
- Tax Year: 2023
- Directions: From University Ave and Main Street go east on University to NE 15th St. go left to NE 5th Ave. property on the right. Do not bother tenants.
- Year Built: 1980
- Living Area: 1,587 SqFt
- Lot Size: 0.28 Acres
- MLS Number: GC523160
- MLS Name: MFRMLS
- Office Name: RE/MAX PROFESSIONALS
- Office Phone: (352) 375-1002
- Listing Agent: Helen Karsh
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Last updated on: 5/24/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$249,900
1509 NE 5th Ave
$2,968
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 02, 2021 | Home Sold | $45,100 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $99,283 | $2,376 |
| 2022 | $95,110 | $2,261 |
History based on county public records data.
Nearby schools
4
Joseph Williams Elementary School
Public Magnet KG-5
0.7 mi
•1245 SE 7th Ave
2
W.A. Metcalfe Elementary School
Public District KG-5
1.0 mi
•1250 NE 18th Ave
7
Boulware Springs Charter
Public Charter KG-5
1.3 mi
•1303 NE 23rd Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,444. The most common annual income of people living in Gainesville, FL is less than $<35k. Most families are single, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
65%
<35k
34%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
38%
Single, No Kids
39%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
28%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
32%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
UFC
NHRA Drag Racing
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Cicis Pizza
What do the neighbors drive?
Buick
Kia
Pontiac
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1509 NE 5th Ave in Gainesville, FL and zip code 32641 in the Eastside / Northeast Gainesville neighborhood. This 1,587 square foot home, which was built in 1980, sits on a 0.28 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $249,900.
In April 2025, from all listings sold in Gainesville, FL there were more than 27 sold above asking price, over 148 sold below and more than 37 were sold right at the asked price. The number of homes for sale in Gainesville, FL increased by 2.1% between March and April 2025. Listings spent 62 days on the market in April 2025, and had a median list price of $316,173 during the same period.
From Rocket Homes Real Estate and based on county public records data.