# 1511 & 1509 NE 5TH AVE, Gainesville, FL 32641

> **TL;DR:** 3bd/2ba multi-family, $220,000 ($139/sqft), built 1980, 1,587 sqft. Est. $953/mo. Listed 34 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $220,000 |
| Price/sqft | $139 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,587 |
| Year Built | 1980 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 34 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $953 |
| **Total** | **$953** |

## Property Highlights

- Built in 1980
- 0.28 acre lot

## Description

### Agent Description
Investors!!!  Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market.
Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen.
Low-maintenance flooring with tile floors—no carpets.
Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.).
Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in. 
Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue.
Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability.
Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers.
This property is priced right and sold as is! Bring all offers.

## Location

- **Address:** 1511 & 1509 NE 5TH AVE, Gainesville, FL 32641
- **County:** Alachua
- **Neighborhood:** NEW GAINESVILLE
- **Coordinates:** 29.655425, -82.305301
- **Google Maps:** https://www.google.com/maps?q=29.655425,-82.305301

## Listing Agent

- **Name:** Deena Erickson-Klacko
- **Brokerage:** EXP REALTY LLC
- **Phone:** 3524942404
- **Email:** deenaericksonrealtor@gmail.com

## Primary Photo

![1511 & 1509 NE 5TH AVE - Primary Photo](http://lh.rdcpix.com/80b5256058f53a6e622a252f9f2ac9ael-f3206000739r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/1511-1509-ne-5th-ave-gainesville-fl-32641-gc539885)*

---

**MLS#:** GC539885 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1511-1509-ne-5th-ave-gainesville-fl-32641-gc539885)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "1511 & 1509 NE 5TH AVE, Gainesville, FL 32641",
  "description": "Investors!!!  Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market.\r\nUnit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen.\r\nLow-maintenance flooring with tile floors—no carpets.\r\nSize: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.).\r\nOutdoor Space: Oversized backyard that backs directly onto a public playground, provi",
  "url": "https://www.propertysimple.com/listing/1511-1509-ne-5th-ave-gainesville-fl-32641-gc539885",
  "image": "http://lh.rdcpix.com/80b5256058f53a6e622a252f9f2ac9ael-f3206000739r.jpg",
  "datePosted": "2026-06-18",
  "price": 220000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "1511 & 1509 NE 5TH AVE",
    "addressLocality": "Gainesville",
    "addressRegion": "FL",
    "postalCode": "32641",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 29.655425,
    "longitude": -82.305301
  },
  "numberOfBedrooms": 3,
  "numberOfBathroomsTotal": 2,
  "numberOfFullBathrooms": 2,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1587,
    "unitCode": "FTK"
  },
  "yearBuilt": 1980
}
```