$145,000
Original: $149,900 ▼ Price reduced

1032 NW 40TH AVE, Gainesville, FL 32609

Active
1
Beds
1
Baths
423
Sq Ft
$342
Per Sq Ft
1949
Built
10
Days Listed

About This Property

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

TypeSingle Family Residence
Lot0.12 ac
Stories1
PoolNo
WaterfrontNo
SubdivisionOAK HILL
HOANo
Tax/yr$1,786
HeatingDuctless
CoolingWall/Window Unit(s)
FlooringLuxury Vinyl
RoofShingle

Listed by ANSON PROPERTIES LLC · MLS# GC539805

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Properties displayed may be listed or sold by various participants in the MLS

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-05-05.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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