Back 1509 Northeast 5th Avenue
Off Market

1509 Northeast 5th Avenue

Gainesville FL 32641

12
4
1707 sq. ft.
12197 sq. ft.
Duplex
Last sold for $214,000
Deena Erickson-KlackoDeena Erickson-Klacko, last sold this property on 11 September 2026 after 36 days on market.

Overview

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

12 bedrooms
4 bathrooms
1707 sq. ft. floor area
12197 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 12 bedroom duplexes sold in Gainesville over the last 12 months.

Property history for 1509 Northeast 5th Avenue

2026
Sold
$214,000
11 Sep 2026 by Deena Erickson-Klacko
2013
Sold
$43,960
15 Aug 2013 by Chad Shaffer, of WATSON REALTY CORP

Happy sellers in Gainesville

92%
92% of sellers in Gainesville reported that their sale price either exceeded or met their price expectations.

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Local market activity for 12 bedroom duplexes in Gainesville

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