• $145,000List Price
  • ActiveStatus
  • 25Number of Photos
  • 29.68959Latitude
  • 1032 NW 40th AvenueAddress
  • NW 40th AvenueStreet
  • GainesvilleTown
  • FLState
  • 32609Zip
  • AlachuaCounty
  • ResidentialProperty Type
  • GC539805MLS Number
  • 1Bedrooms
  • 1Full Bath
  • 423Square Feet
  • 1949Year Built
  • 0.12Acreage

Listing Tools

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.

Location

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 23, 2026 9:32 PM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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