$489,900

915 NW 40th Ave Gainesville, Fl, FL 32605

$5,818
Closing credit¹
0 beds
821 sqft
0.4 acres
$597 / sqft
Multi-Family

Property details

About 915 NW 40th Ave

Don’t miss this incredible investment opportunity in the heart of town! This well-maintained quadplex is within walking distance to Stephen Foster Elementary, shopping, dining, and more. Each unit offers comfortable living space, and most have been updated to appeal to modern renters. Key Features: Durable metal roof, Replumbed throughout, freshly painted exterior, Washer and dryer hookups in each unit, Strong rental history and great income. Perfect for investors or owner-occupants looking to live in one unit while renting the others. Opportunities like this don’t come around often! Call Today to view your next investment. Owner owns the Quadraplex next door and will consider selling both with acceptable offer.

Highlights

Home typeQuadruplex
HeatingElectric, Natural Gas
StatusActive
CoolingCentral Air
Size821 sqft
Lot size0.38 Acres
Year built1967
MLS #GC531171

Virtual tour

Summary

  • Appliances: Cooktop, Exhaust Fan, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Window Treatments
  • Private Pool: No
  • Exterior: Lighting, Other
  • Heating: Electric, Natural Gas
  • Cooling: Central Air
  • List Price: $489,900
  • Price/SqFt: $596
  • HOA Amount: $0
  • Directions: From Newberry Rd, Turn left onto NW 34th St, Turn right onto NW 39th Ave, Turn left onto NW 10th St, Turn right onto NW 40 Ave, Destination will be on the right.
  • Year Built: 1967
  • Living Area: 821 SqFt
  • Lot Size: 0.38 Acres
  • MLS Number: GC531171
  • MLS Name: MFRMLS
  • Office Name: MATCHMAKER REALTY OF ALACHUA COUNTY
  • Office Phone: (352) 372-3930
  • Listing Agent: Scott Arvin

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Last updated on: 6/4/2025, 10:34:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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915 NW 40th Ave, Gainesville, Fl, FL 32605 - single story home with uncovered parking, a front yard, and metal roof

$489,900

915 NW 40th Ave

$5,818

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

3

Stephen Foster Elementary School

Public Magnet KG-5

0.2 mi

3800 NW 6th St

3

C. W. Norton Elementary School

Public District KG-5

1.3 mi

2200 NW 45th Ave

4

The One Room School House Project

Public Charter KG-6

1.7 mi

4180 NE 15th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,545. Typical income of Gainesville, Fl, FL residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

55%
<35k
42%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
20%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

This home is located at 915 NW 40th Ave in Gainesville, Fl, FL and zip code 32609 in the Stephen Foster neighborhood. This 821 square foot home, which was built in 1967, sits on a 0.38 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $489,900.

Gainesville, Fl, FL housing market in May 2025 saw over 28 listings sold above listed price, more than 61 sold at listed price and over 156 sold below. Between April and May 2025, Gainesville, Fl, FL real estate market has seen decrease in the number of listings by 1.7%. Listings spent 67 days on the market in May 2025, and had a median list price of $319,075 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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