About 1509 Ne 5th Ave
Under contract-accepting backup offers. Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market. Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen. Low-maintenance flooring with tile floors—no carpets. Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.). Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in. Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue. Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability. Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers. This property is priced right and sold as is! Bring all offers.
Features of 1509 Ne 5th Ave
| MLS® # | GC542741 |
|---|---|
| Price | $220,000 |
| Bedrooms | 12 |
| Bathrooms | 4.00 |
| Square Footage | 1,587 |
| Acres | 0.28 |
| Year Built | 1980 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Pending |
Community Information
| Address | 1509 Ne 5th Ave |
|---|---|
| Area | Gainesville |
| Subdivision | NEW GAINESVILLE |
| City | GAINESVILLE |
| County | Alachua |
| State | FL |
| Zip Code | 32641 |
Amenities
| View | Park/Greenbelt |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Electric Water Heater, Range, Refrigerator |
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Private Entrance, Private Mailbox, Private Yard |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | August 14th, 2026 |
|---|---|
| Days on Market | 3 |
| Zoning | RC |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP REALTY LLC |
|---|