1032 NW 40TH AVENUE GAINESVILLE FL 32609 MLS #GC539805

1032 NW 40TH AVENUE
GAINESVILLE, FL, 32609
$145,000
1 Beds
1 Baths
423 SqFt
0.12 Acres
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MLS #GC539805 image #0
Welcome to a property that doesn’t quite fit in a box—and honestly, that’s the best part.

1032 NW 40th Ave isn’t just a home… it’s an opportunity waiting for the right kind of buyer to recognize it.

Right now, it’s successfully operating as both an Airbnb and a midterm rental, which means it’s already proven itself as an income-producing asset. Whether you’re looking to continue that momentum or pivot into something new, the groundwork is here. If you’ve been searching for your first home and everything feels either too “cookie cutter” or just slightly out of reach, this one offers a different path toward affordable living. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there – property is zoned RMF5. Whether you’re an investor looking for your next income stream, or a buyer who wants more than just a place to live… this property gives you room to think bigger.

Property Details

Price:
$145,000
MLS #:
GC539805
Status:
Active
Beds:
1
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
OAK HILL
Neighborhood:
32609gainesville
Listed Date:
Apr 25, 2026
Finished Sq Ft:
423
Total Sq Ft:
513
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1949
Primary Bedroom Main Floor32609 – Gainesville32609gainesvilleOak HillNo Minimum

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Schools

Interior

Appliances
Dishwasher, Dryer, Microwave, Range, Washer
Bathrooms
1 Full Bathroom
Cooling
Wall/Window Unit(s)
Flooring
Luxury Vinyl
Heating
Wall Units / Window Unit
Interior Features
Primary Bedroom Main Floor
Laundry Features
Laundry Room, Outside
Levels
One

Exterior

Construction Materials
Other
Direction Faces
South
Exterior Features
Private Mailbox, Private Yard
Roof
Shingle

Financial

Tax Year
2025
Taxes
$1,786

Map

Community

Subdivisions in GAINESVILLE

Market Summary

Current real estate data for Single Family in GAINESVILLE as of Jun 19, 2026
729
Single Family Listed
88
Avg DOM
229
Avg $ / SqFt
$478,423
Avg List Price

Property Summary

    Located in the OAK HILL subdivision, 1032 NW 40TH AVENUE GAINESVILLE FL is a Single Family for sale in GAINESVILLE, FL, 32609. It is listed for $145,000 and features 1 beds, 1 baths, and has approximately 423 square feet of living space, and was originally constructed in 1949. The current price per square foot is $343. The average price per square foot for Single Family listings in GAINESVILLE is $229. The average listing price for Single Family in GAINESVILLE is $478,423. To schedule a showing of MLS#gc539805 at 1032 NW 40TH AVENUE in GAINESVILLE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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