3823 NW 45TH STREET
Gainesville, FL 32606
$333,900
OUTSTANDING DUPLEX INVESTMENT OPPORTUNITY! Tenants appreciate this highly desirable northwest Gainesville location where they can walk to Magnolia Park, Hunter’s Crossing, Timber Village and MetroCorp for shopping, dining, banking and medical offices. And, the bus stop is located right out front. This duplex has had the same owner and been professionally managed for the last 27 years! Currently Unit A is occupied by a long-time tenant paying a below-market rent of $800 per month with the lease running through June 30th, 2027. Unit B is paying $1,300 per month and leased through January 31st, 2027 and will likely renew. Market rent for this area is $1,300 - $1,400 per month so there’s plenty of upside potential in Unit A. This small neighborhood of duplexes has always had excellent tenant demand with no trouble maintaining 100 percent occupancy. Roof: 2024; Unit A HVAC interior unit replaced in 1999 and exterior unit replaced in 2009; Unit B HVAC: 2009; Water Heaters: Unit A: 2003; Unit B: 2007. Tenants pay electric, water and sewer. Owner is responsible for landscape maintenance. There is no HOA.
Listing Courtesy of: BHHS FLORIDA REALTY
352-225-4700
| Listing Id: | GC543935 |
|---|---|
| List Price: | $333,900 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 2 |
| Living Area: | 1,700 |
| Tax Annual Amount: | $5,661 |
| Lot Size Square Feet: | 10,454 |
| Lot Size Acres: | 0.24 |
| Waterfront?: | No |
| City: | Gainesville |
| County Or Parish: | Alachua |
| Subdivision Name: | Chula Vista Park |
| Postal Code: | 32606 |
| Year Built: | 1967 |
| Appliances: | Dishwasher, Disposal, Range, Refrigerator |
| Bathrooms Total Integer: | 2 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Block |
| Cooling: | Central Air |
| Directions: | From NW 39th Avenue, South on NW 45th Street, First building on left. |
| Exterior Features: | Fence |
| Flooring: | Carpet, Tile, Vinyl |
| Furnished: | Unfurnished |
| Gross Income: | $25,200 |
| Heating: | Central, Electric |
| Interior Features: | Other |
| Laundry Features: | Laundry Room |
| Lease Term: | Twelve Months |
| Levels: | One |
| Listing Contract Date: | 2026-10-02 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | Level, Paved |
| Lot Size Acres: | 0.24 |
| Postal Code Plus4: | 7251 |
| MLS Area Major: | 32606 - Gainesville |
| MLS Area Major: | 32606 - Gainesville |
| Other Structures: | Shed(s) |
| Original List Price: | $333,900 |
| Parcel Number: | 06111-004-001 |
| Parking Features: | Driveway |
| Patio And Porch Features: | Patio |
| Pets Allowed: | Yes |
| Township: | 09 |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Tenant Pays: | Electricity, Sewer, Water |
| Total Actual Rent: | $2,100 |
| Financial Data Source: | Owner |
| Utilities: | BB/HS Internet Available, Cable Available, Public |
| Water Source: | Public |
| Public Survey Range: | 19 |
| Public Survey Section: | 27 |
| Zoning: | R-2 |
| Additional Rooms: | Inside Utility |
| Alternate Key Folio Num: | 06111004001 |
| Annual Net Income: | 25200.00 |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Calculated List Price By Calcula: | 196.41 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/GC543935?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/GC543935?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | A* |
| Flood Zone Date: | 2018-11-02 |
| Flood Zone Panel: | 12001C0284E |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 157.94 |
| Lot Size Square Meters: | 971 |
| Minimum Lease: | No Minimum |
| Other Exemptions Yn: | No |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 1 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Individually Metered: | Electric, Sewer, Water |
| Road Responsibility: | Public Maintained Road |
| Association 2 Yn: | 0 |
| Attribution Contact: | 352-225-4700 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
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Property Last Updated: October 08, 2026 06:32 PM - ET
