$3,098
closing credit¹
203 NE 40th Ln Gainesville, FL 32609
Property details
About 203 NE 40th Ln
New Roof Installed October 2024. Discover this exceptional investment opportunity in the heart of Gainesville! This property has been owned by the same owner as an investment for 30 years and now it's your turn. One side is vacant. A great potential to live in one side and rent the other. Nestled in the peaceful and desirable Pine Forest Estates, this well-maintained duplex offers the perfect blend of comfort, convenience, and potential rental income. Currently rented on both sides of this duplex, with a large lot and fenced in yard. This property is close to schools, shopping, dining, and the University of Florida. it would be ideal for investors or homeowners looking to live in one unit and rent out the other. Don’t miss out on this unique opportunity to own a duplex in the heart of Gainesville. Unit 1: 2 Bedrooms, 1 Bathrooms Unit 2: 2 Bedrooms, 1 Bathrooms Lot Size: 1.15 acres Parking: Ample parking for residents and guests (4 spaces) Outdoor Space: Spacious backyard with mature trees, fenced in yard
Highlights
Virtual tour
Summary
- MLS Number: G5085813
- MLS Name: MFRMLS
- Office Name: BOFFO REAL ESTATE GROUP LLC
- Listing Agent: Kayla Camps
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Last updated on: 2/8/2025, 12:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![ranch-style home featuring a front lawn](/homes/listing-images/48696402_S0043/S0043/S0043-R0100/MFRG5085813/66bd978da4f0a8751ff5f91e.jpg?version=1723723931&width=640)
$260,900
203 NE 40th Ln
$3,098
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $106,069 | $2,228 |
2022 | $101,000 | $2,053 |
2021 | $89,108 | $2,053 |
History based on county public records data.
Nearby schools
3
Stephen Foster Elementary School
Public Magnet KG-5
0.6 mi
•3800 NW 6th St
6
The One Room School House Project
Public Charter KG-6
0.9 mi
•4180 NE 15th St
1
M. K. Rawlings Center for Fine Arts
Public Magnet KG-5
1.0 mi
•3500 NE 15th St
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 $31,589. Most Gainesville, FL residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
Frequently asked questions
About 203 NE 40th Ln
This home is located at 203 NE 40th Ln in Gainesville, FL and zip code 32609 in the Pine Forest Estates neighborhood. This 1,800 square foot home, which was built in 1983, sits on a 1.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $260,900.
In January 2025, from all listings sold in Gainesville, FL there were more than 16 sold above asking price, over 94 sold below and more than 17 were sold right at the asked price. In January 2025 in Gainesville, FL there were 0.9% more homes for sale than in December. In January 2025 median list price was $315,910 and the average listing age was 61 days.