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$145,000

Listing Price

1beds

1baths

423sqft

5,227sqft lot

1032 Nw 40th Ave, Gainesville, FL 32609

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

342.79

Price / sqft

1949

Year built

Home Details

Welcome to a property that doesnt quite fit in a box-and honestly, thats the best part.nn1032 NW 40th Ave isnt just a home its an opportunity waiting for the right kind of buyer to recognize it.nnRight now, its successfully operating as both an Airbnb and a midterm rental, which means its already proven itself as an income-producing asset. Whether youre looking to continue that momentum or pivot into something new, the groundwork is here. If youve 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 youre 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.

Interior Details

Square Feet
  • 423

Bedrooms
  • 1

Bathrooms
  • 1

Heating
  • Has Heating:

    No

  • Heating Type:

    None

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5227

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Frame Wood

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Other (not Classified)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$818

$18,000

$5,760

--%

$23,760

2018

$719

$18,000

$5,100

--%

$23,100

2017

$744

$18,000

$5,600

--%

$23,600

2016

$685

$18,000

$4,300

--%

$22,300

2015

$696

$18,000

$4,300

--%

$22,300

2013

$712

$0

$0

--%

$22,600

2011

$785

$0

$0

--%

$32,000

percent-home-icon

Average Home Price in 32609

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$93,945

1 Beds

1 Baths

463 Sqft

17,860 Lot (sqft)

Sold 07/07/2026

$145,000

1 Beds

1 Baths

423 Sqft

5,227 Lot (sqft)

Sold 10/26/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
145,000
$
Down payment
29,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
870
$
HOA (Monthly)
0
$
PMI
0
$
$939
Your Payment
Total Monthly Payment:$939
Percent of Income:16%
Affordable:Yes

Details for 1032 NW 40TH AVE

Property Debt

Foreclosure Contact Details