#GC530379, Michelle Hazen, Listing office: SAGE REAL ESTATE
228 NW 4th Ave Gainesville, FL 32601
Property details
About 228 NW 4th Ave
You must see this rare opportunity to own two properties on one lot just steps from the heart of Downtown Gainesville! Located at 228 and 232 N.W. 4th Ave., this income-producing package features a single-family home and a duplex, offering tremendous potential for renovation, rental income, or redevelopment. 228 N.W. 4th Ave. is a charming single-family home featuring a fenced-in backyard, perfect for added privacy or outdoor entertaining. 232 N.W. 4th Ave. is a duplex, with each unit offering unique outdoor spaces: the front unit boasts a welcoming open front porch, while the back unit enjoys its own fenced area and a cozy back porch. Currently, two of the three units are tenant-occupied (through end of July), providing immediate rental income as you plan your improvements. Continue renting out homes or keep them for yourself! The property is zoned for multi-family under 10 units, opening the door for even greater income potential through future development or expansion (subject to city approval). The lot is currently in the process of being split, which will give each building its own parcel—adding even more flexibility and value for future resale or financing options. While these properties do need some work, the unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportuities like this in the downtown core are rare—schedule your showing today!
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Cooktop, Electric Water Heater, Refrigerator
- Flooring Type: Tile, Wood
- Interior: Primary Bedroom Main Floor
- Total Bedroom Count: 5
- Private Pool: No
- Exterior: Sidewalk
- Heating: Ductless
- Cooling: Wall/Window Unit(s)
- List Price: $650,000
- Price/SqFt: $260
- HOA Amount: $0
- Annual Tax Amount: $4,374
- Tax Year: 2023
- Directions: From Main Street traveling south, take a right on 4th ave. Property is on your right.
- Year Built: 1949
- Stories: 1
- Living Area: 2,498 SqFt
- Lot Size: 0.2 Acres
- MLS Number: GC530419
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
- Office Phone: (352) 240-0600
- Listing Agent: Zoma De Las Estrellas
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 16, 2016 | Home Sold | $910,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $200,810 | $4,374 |
2022 | $173,177 | $3,903 |
2021 | $146,041 | $3,903 |
2019 | $124,511 | $3,181 |
2018 | $124,000 | $2,983 |
2017 | $130,900 | $3,211 |
History based on county public records data.
Nearby schools
4
Carolyn Beatrice Parker Elementary School
Public District KG-5
1.2 mi
•1912 NW 5th Ave
4
Joseph Williams Elementary School
Public Magnet KG-5
1.3 mi
•1245 SE 7th Ave
2
W.A. Metcalfe Elementary School
Public District KG-5
1.5 mi
•1250 NE 18th 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 $23,977. Typical income of Gainesville, FL residents is less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 228 NW 4th Ave
The listing price of 228 NW 4th Ave property is $650,000.
The property 228 NW 4th Ave is a house located in Gainesville, Florida, 32601.
Active Listing: 228 NW 4th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 228 NW 4th Ave are: Carolyn Beatrice Parker Elementary School (GreatSchools Rating 4/10), Joseph Williams Elementary School (GreatSchools Rating 4/10), W.A. Metcalfe Elementary School (GreatSchools Rating 2/10), Resilience Charter School Inc (GreatSchools Rating 3/10), Howard W. Bishop Middle School (GreatSchools Rating 4/10), Abraham Lincoln Middle School (GreatSchools Rating 6/10), A. Quinn Jones/Exceptional Student Center (GreatSchools Rating 1/10), P.K. Yonge Developmental Research School (GreatSchools Rating 8/10), North Central Florida Public Charter School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $4,374 (source: MLS/based on county public records data).
The last sale was on December 16, 2016 for $910,000 (source: MLS/tax record).
The property at 228 NW 4th Ave has 5 bedrooms and 3 bathrooms.
The property 228 NW 4th Ave is 2,498 SqFt (source: MLS/tax record).
The year of construction for 228 NW 4th Ave is 1949.
This home is located at 228 NW 4th Ave in Gainesville, FL and zip code 32601 in the Downtown neighborhood. This 2,498 square foot home, which was built in 1949, sits on a 0.20 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $650,000.
While more than 20 listings in Gainesville, FL in June 2025 were sold above asking price, there were more than 58 listings sold at asking price, and more than 179 were sold below. The number of homes for sale in Gainesville, FL decreased by 5.3% between May and June 2025. Listings spent 45 days on the market in June 2025, and had a median list price of $320,487 during the same period.