

1032 NW 40TH AVENUEGAINESVILLE, FL 32609
Single Family · 1 Bed · 1 Full Bath · 423 Sq. ft. | 0.12 Acres1032 NW 40TH AVENUE Overview
- Time on Site:
- 66 days
- Visits:
- 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.
1032 NW 40TH AVENUE Facts & Features
- Type Single Family
- Sq. ft. 423
- Price/Sq.ft. $343
- Lot 0.12 Acres
Details
General
Association/HOA
- Association: No
Building Information
- New Construction: No
- Year Built: 1949
Location/Region
- Country: US
- County Or Parish: Alachua
- MLS Area Major: 32609 - Gainesville
- Subdivision Name: OAK HILL
- Township: 09
Tax Information
- Tax Annual Amount: 1786.47
- Tax Year: 2025
General Information
- Furnished: Unfurnished
- Listing Terms: Cash,Conventional
- Ownership: Fee Simple
- Parcel Number: 08070-000-000
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: None
- Zoning: RMF5
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms Total: 1
- Bedrooms Total: 1
Building Interior
- Building Area Source: Public Records
- Building Area Total: 513
- Building Area Units: Square Feet
General Information
- Appliances: Dishwasher,Dryer,Microwave,Range,Washer
- Cooling: Wall/Window Unit(s)
- Fireplace: No
- Flooring: Luxury Vinyl
- Foundation Details: Crawlspace
- Heating: Ductless
- Interior Features: Primary Bedroom Main Floor
- Laundry Features: Laundry Room,Outside
- Levels: One
- Living Area: 423
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Other Equipment: Private Yard
- Stories Total: 1
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0.12
- Lot Size Square Feet: 5227
- Road Surface Type: Paved
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Other
- Direction Faces: South
- Roof: Shingle
General Information
- Carport: No
- Exterior Features: Private Mailbox,Private Yard
- Pool Private: No
- Sewer: Public Sewer
- Utilities: Electricity Connected,Sewer Connected,Water Connected
Room Information
Room: Bathroom 1
- Level: First
Room: Kitchen
- Level: First
Room: Living Room
- Level: First
Room: Primary Bedroom
- Level: First
1032 NW 40TH AVENUE Neighborhood
Community
32609 (GAINESVILLE) Demographics
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1032 NW 40TH AVENUE Monthly Cost
1032 NW 40TH AVENUE Market Data
Based on the last 30 days in this zip code
1032 NW 40TH AVENUE History
| Date | Value | Agent |
|---|---|---|
| 5/5/2026Source: My Florida Regional MLS | $145,000 -3.3% |
|
| 4/25/2026Source: My Florida Regional MLS | April 25, 2026 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |

