1401 NW 5th Ave, Gainesville, FL 32603 | For Sale

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For Sale $1,050,000 ($318.18 per Sq Ft)

$1,050,000 ($318.18 per Sq Ft)
  • (0)
  • 6 Units
  • 3,300 Sq Ft
  • 11,761 Sq Ft
  • Unknown Cap Rate

Description

Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF’s Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you’re expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don’t miss this rare multifamily gem in one of Gainesville’s highest-demand rental corridors. All units have parking and additional parking spaces to sell!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,050,000
Property Type Multi-Family
Usable Sqft 3,300
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1959
Last Sold Unknown
Sold Price Unknown
APN # 15197000000
MLS # GC533421
Property ID 322095759
Lot Sqft 11,761
Zoning RMF8
Total Units 6
Days on Market 162
Original List Price $1,350,000
Date Updated January 05, 2026
Date Created August 19, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Jamie Williams, LLC an agent of . Lic #3491384


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 05, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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