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1032 NW 40TH AVE Gainesville, FL 32609

Neighborhood:

Oak Hill Estates

1 Bed
1 Bath
423 Sq ft
1949 built
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—and it works. 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. 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.
More Info and HOA
  • Price/Sq. Ft.$354
  • MLS #539805
Exterior Features
  • TypeSingle Family Residence
  • Acres0.12
  • Exterior ConstructionOther
  • RoofShingle
  • Exterior MiscPrivate Mailbox, Private Yard
  • GarageNo
  • PoolNo
Interior Features
  • FloorsLuxury Vinyl
  • FeaturesPrimary Bedroom Main Floor
  • Appliances/EquipmentDishwasher, Dryer, Microwave, Range, Washer
  • A/CWall/Window Unit(s)
  • HeatingDuctless
  • UtilitiesElectricity Connected, Sewer Connected, Water Connected
Map Location
  • Road
  • Satellite
  • Hybrid
Listing History
  • Date Days ago Event New Price
  • Apr 25, 2026 0 days ago New on Market $149,900
Schedule Tour or Get More Info

Schedule a tour or receive an e-mail with more information about this property. For immediate assistance with this property or any other properties for sale, call Realtor Matt Price at (352) 281-3551.

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