Sold on Apr 2026

$915,000

•

3,300

sq ft

1401 NW 5th Ave, Gainesville, FL 32603

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About this home

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.

TownhomeProperty Type

1959Year Built

0.27 acresLot Size

$277Price/Sq.Ft.

Listed by Jamie Williams • CORNERSTONE REALTY & MANAGEMENT SERVICES LLC

Contact: 352-278-4648

Bought with Eric Leightman • UNIVERSITY REALTY

Redfin checked: a few seconds ago

•Source:Stellar MLS as Distributed by MLS Grid #GC532878

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 32603, FL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

+3.6% MoM

Median sale price

$512K

$12K MoM

Avg. days on market

16d

4 days MoM

Recently sold homes

3 MoM

New listings for sale

$899,000
3 beds3 baths2,328 sq ft
2207 NW 2nd Ave, Gainesville, FL 32603
$995,000
4 beds3 baths2,197 sq ft
1741 NW 7th Ave, Gainesville, FL 32603
See all

Provided by Redfin

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Rental estimate

Est. $2,572 per month, based on comparable rentals

Sale and tax history for 1401 NW 5th Ave

Sale History
Tax History

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #GC533421

Apr 6, 2026

Sold

$915,000

$277/sq ft

Feb 19, 2026

Pending

—

Jan 5, 2026

Price Changed

$1,050,000

$318/sq ft

Nov 28, 2025

Price Changed

$1,175,000

$356/sq ft

Nov 4, 2025

Price Changed

$1,250,000

$379/sq ft

Aug 19, 2025

Listed

$1,350,000

$409/sq ft

Stellar MLS as Distributed by MLS Grid #GC532878

Apr 6, 2026

Sold

$915,000

$277/sq ft

Feb 19, 2026

Pending

—

Jan 5, 2026

Price Changed

$1,050,000

$318/sq ft

Nov 28, 2025

Price Changed

$1,175,000

$356/sq ft

Nov 28, 2025

Price Changed

$1,750,000

$530/sq ft

Nov 4, 2025

Price Changed

$1,250,000

$379/sq ft

Aug 19, 2025

Price Changed

$1,350,000

$409/sq ft

Jul 28, 2025

Listed

$1,500,000

$455/sq ft

STELLARMLS #C524660

Jan 6, 2025

Rental Removed

$1,100

$0/sq ft

Oct 16, 2024

Listed for Rent

$1,100

$0/sq ft

Sep 22, 2024

Rental Removed

$1,100

$0/sq ft

Aug 24, 2024

Listed for Rent

$1,100

$0/sq ft

Stellar MLS as Distributed by MLS Grid #GC508092

Nov 1, 2022

Sold

$1,345,500

$408/sq ft

Sep 2, 2022

Pending

—

Sep 1, 2022

Listed

$999,500

$303/sq ft

Public Records

Oct 1, 2002

Sold

$235,000

$71/sq ft

Public Records

Mar 26, 2001

Sold

$200,000

$61/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$9,781 (+5.2%)

2024

$9,296 (+14.4%)

2023

$8,124 (+23.5%)

$164,657 + $187,581

$352,238

2022

$6,581 (−3.0%)

$164,657 + $187,581

$352,238

2021

$6,783 (−0.5%)

$164,654 + $125,391

$290,045

2020

$6,816 (−27.3%)

$164,654 + $127,535

$292,189

2019

$9,381 (+10.4%)

2018

$8,499 (+1.0%)

$297,400 + $136,100

$433,500

2017

$8,412 (+22.2%)

$300,900 + $151,600

$452,500

2016

$6,886 (−0.7%)

$300,900 + $151,600

$452,500

2014

$6,933

$180,500 + $101,100

$281,600

Public record

Public record
Zoning
Permits

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.27 Acres

Year renovated

2009

Sq. Ft.

3,300

Year built

1959

Style

Other

County

Alachua County

APN

15197-000-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Urban 5 District

Consists of a wide range of residential building types. Higher number zones provide for the integration of offices and neighborhood services within an increasingly urban fabric. Setbacks and landscaping are variable. Streets with curbs and sidewalks define medium-sized blocks.

Permitted uses

Include but are not limited to:

Assembly/ meeting place
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Educational/school
Park & open space

Property details

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 6

Bathroom Information
# of Full Baths (Total): 6

Laundry Room Information
Laundry Features: None

Other Rooms Information
# of Rooms: 3

Heating & Cooling
Heating Information: Ductless
Cooling Information: Wall/Window Unit(s)

Interior Features
Interior Features: Ceiling Fans(s)
Appliances: Range, Range Hood, Refrigerator
Flooring: Terrazzo

Exterior

Building Information
Construction Materials: Block
Roof: Shingle

Exterior Features
Exterior Features: Sidewalk

Property Features
Universal Property Id: US-12001-N-15197000000-R-N

Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0

Property Information
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential
Property Sub Type: Half Duplex
Zoning: RMF8

Land Information
Total Acreage: 1/4 to less than 1/2

Lot Information
Lot Size Acres: 0.27
Road Surface Type: Asphalt
Lot Size Square Meters: 1093

Building Information
MFR_BuildingAreaTotalSrchSqM: 364.64

Financial

Tax Information
Tax Annual Amount: $9,296
Tax Year: 2024

Lease / Rent Details
Lease Restrictions YN: 0

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Public

Location

Multi-Unit Information
Unit Number YN: 0

HOA Information
MFR_Association2YN: 0

Location Information
Directions: Head East on University towards NW 15th street, make a left. Make a right on NW 5th Avenue, 6plex is on the right corner across from legacy at standard

Community Information
Development: Brown Addn

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 3,300
Stories: 1.0
Lot Size: 0.27 acres
Style: Other
Year Built: 1959
Year Renovated: 2009
County: Alachua County
APN: 15197-000-000

Home facts updated by county records on Aug 26, 2026

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Attribution Contact: 352-278-4648
Previous Status: Pending
Backups Requested YN: 0

Listing Date Information
Days to Contract: 206
Status Contractual Search Date: 2026-04-06

Listing Price Information
Calculated List Price By Calculated Sq Ft: 318.18

Green Information
Green Verification Count: 0
Direction Faces: North

Home Information
Living Area: 3300
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 306.58
Building Area Total: 3925
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Levels: One

Around this home

Schools

Caroline Beatrice Parker Elementary

Public K-5 • Assigned • 0.5mi

5/10

Gainesville High School

Public 8-12 • Assigned • 1.0mi

6/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 107° expected this year, 22 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Gainesville, FL • 32603

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

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Nearby similar homes

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Land— sq ft

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2 beds2 baths1,000 sq ft

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1 bed1 bath702 sq ft

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New listings for sale in 32603

$899,000

3 beds3 baths2,328 sq ft

2207 NW 2nd Ave, Gainesville, FL 32603

$995,000

4 beds3 baths2,197 sq ft

1741 NW 7th Ave, Gainesville, FL 32603

Home values near 1401 NW 5th Ave

Data from public records.

Address	Redfin Estimate
1416 Northwest 5th Ave, Gainesville, FL 4 Beds \| 3 Baths \| 1474 Sq. Ft.	$472,453
1404 Northwest 5th Ave, Gainesville, FL - Beds \| - Baths \| 1520 Sq. Ft.	—

Address	Redfin Estimate
1326 Northwest 5th Ave, Gainesville, FL - Beds \| - Baths \| 3330 Sq. Ft.	—
1410 Northwest 5th Ave, Gainesville, FL - Beds \| - Baths \| 5130 Sq. Ft.	—

Address	Redfin Estimate
1380 Northwest 5th Ave, Gainesville, FL - Beds \| - Baths \| 1480 Sq. Ft.	—
1400 Northwest 5th Ave, Gainesville, FL - Beds \| - Baths \| 1520 Sq. Ft.	—

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

Listing provided courtesy of: CORNERSTONE MANAGEMENT SERVICES

Listing agent: James Williams

Based on information submitted to the MLS GRID as of Tue Sep 08 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2025-01-06T17:04:45.911Z

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1401 NW 5th Ave, Gainesville, FL 32603

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About this home

Redfin Estimate

Market trends in 32603, FL

Homeowner tools

Sale and tax history for 1401 NW 5th Ave

Public record

Property details

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

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New listings for sale in 32603

Home values near 1401 NW 5th Ave

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