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About This Home
This 1-bedroom, 1-bathroom single family at 1032 NW 40TH AVENUE in Gainesville, FL is listed for $145,000 ($343 per sqft). Built in 1949, the home offers 423 sqft of living space on a 0.12 acres lot.
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.
Key Features
- Built in 1949
- 0.12 acre lot
Property Details
Monthly Cost Estimate
$775/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1032 NW 40TH AVENUE
Gainesville, FL 32609
OAK HILL
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom single family at 1032 NW 40TH AVENUE is listed at $145,000 ($343/sqft). The estimated monthly payment is $628 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 0.12 acre lot. Interior Features: Primary Bedroom Main Floor. Exterior Features: Private Mailbox, Private Yard.
This property is listed by Amber Smith and can be reached at 3522908583 or amber@ansonproperties.com.








