232 NW 4TH AVENUE, GAINESVILLE, FL, 32601
Active172 days on marketListed Feb 4, 2026MLS #GC537249
About this home
232 NW 4TH AVENUE
You must see this investment opportunity just steps from the heart of Downtown Gainesville! Located at 232 NW 4th Ave, this income-producing property is a 2/1 single family home with a 1/1 attached unit (functioning as a duplex) and offers tremendous potential for renovation, rental income, or redevelopment. Each unit offers unique outdoor spaces: the front unit boasts a welcoming open front porch with swing, while the back unit enjoys its own fenced area and a cozy back porch. It is tenant occupied through end of July 2027. The unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportunities like this in the Gainesville downtown core are rare - schedule your showing today!
Facts & features
The home at a glance
3
Bedrooms
1,475
Sqft
0.1 ac
Lot size
1930
Year built
$220
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,651 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,651/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Gainesville actives
$220 vs $202
Days on market
172 vs 36 typical
Where $220/sqft sits among the 400 Gainesville actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Pleasant Street
Get to know Gainesville. See the full Gainesville guide →
Pleasant Street — neighborhood snapshot
Population
546
Median age
25
Median income
$30,241
Median home value
$370,400
Avg household
2
Households w/ children
20%
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gainesville market
$320K → $312K
Gainesville median sold, yr/yr
96.6%
Sale-to-list ratio (12 mo)
180 of 400
Gainesville actives have cut their price
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 41% above the GAINESVILLE 32601 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 232 NW 4TH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$305,000
718 NW 4TH STREET · same community
3 bd · 2 ba · 1,256 sqft · $243/sqft · 0 DOM
Sold · Jan ’26$349,500
921 SW DEPOT AVENUE UNIT 301
4 bd · 4 ba · 1,444 sqft · $242/sqft · 13 DOM
Sold · Jun ’26$354,900
921 SW DEPOT AVENUE UNIT 303
4 bd · 4 ba · 1,444 sqft · $246/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 232 NW 4TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 232 NW 4TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
232 NW 4TH AVENUE FAQs
What would the monthly payment be for 232 NW 4TH AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,651/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 232 NW 4TH AVENUE?+
The most recent tax bill on record (2025) was $5,206. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Gainesville?+
At $325,000, this home is listed about 10% above the Gainesville median of $295,500. The market section on this page shows how the area is trending.
Which schools are assigned to 232 NW 4TH AVENUE?+
Carolyn Beatrice Parker Elementary (elementary), Gainesville High School (high), Westwood Middle School (middle) — Alachua County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$325,000 runs 41% above the GAINESVILLE 32601 median.
02Time on market is leverage
172 days on market against a Gainesville median of 36 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $395,000, now $325,000 — a $70K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS · Zoma De Las Estrellas. MLS #GC537249.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Gainesville homes, in your inbox
Like 232 NW 4TH AVENUE but not quite? A daily digest of every new listing in Gainesville — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →