1511 & 1509 NE 5TH AVE
Active
+24

$220,000

3 beds2 baths1,587 sqft|GC539885 MLS#

1511 & 1509 NE 5TH AVE, GAINESVILLE, FL 32641

Est.$1,320/moGet pre-qualified

Residential

1/2 Duplex

Built in

1980

Lot size

0.28 Acres

Price/sqft

$139

HOA

None

Preferred Real Estate Partner

Kinsfolk Realty

Kinsfolk Signature Realty

What's special

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.

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Facts & features

Bedrooms & bathrooms

  • Bedrooms:3
  • Bathrooms:2
  • Full bathrooms:2

Heating

  • Has Heating:Electric

Cooling

  • Has Cooling:Central Air

Appliances

  • Electric Water Heater
  • Range
  • Refrigerator

Interior area

  • Total structure area:1,587 sqft
  • Total interior livable area:1,587 sqft

Parking

  • Parking features:N/A
  • Garage spaces:0
  • Has attached garage:No

Lot

  • Size:0.28 Acres

Details

  • Parcel number:11391000000

Type & style

  • Home type:Residential
  • Property subtype:1/2 Duplex

Materials

  • Block

Condition

  • Year built:1980

Contact agent

Price history

DateEventPrice
2026-04-28Listed for sale$220,000$139/sqft

Listed by: Deena Erickson-Klacko, EXP REALTY LLC 888-883-8509

Source:Stellar MLS|Provided by Slipstream

Source: MLS #GC539885