4-Bedroom Gainesville Home Near UF and Downtown

  • $159,900
NW 8th St, Gainesville, FL 32601
  • Single Family
  • Property Type
  • 4
  • Bedrooms
  • 1.00
  • Bathroom
  • 909
  • Moderate+
  • Estimated Rehab Cost
  • $250,000 to $270,000 +/-
  • Estimated ARV
  • Alachua
  • County

Overview

  • Single Family
  • Property Type
  • 4
  • Bedrooms
  • 1.00
  • Bathroom
  • 909
  • Moderate+
  • Estimated Rehab Cost
  • $250,000 to $270,000 +/-
  • Estimated ARV
  • Alachua
  • County

Description

This 4-bedroom, 1-bath home offers 909 square feet on a 0.12-acre lot near downtown Gainesville and the University of Florida. The four-bedroom layout and location create an appealing resale or rental opportunity, particularly for buyers who value proximity to campus. The property needs cosmetic renovations, with kitchen, bathroom, flooring, paint, trim, and fixture updates.

Estimated Repairs Needed

  • Update the kitchen, bathroom, appliances, lighting, hardware, and interior finishes.
  • Complete interior paint and trim repairs, repair or replace damaged doors, and refinish or replace flooring as needed.
  • Deep-clean and clear the occupied interior before finalizing the room-by-room scope.
  • Inspect the roof, crawlspace, HVAC, electrical, plumbing, water heater, wood condition, parking, and bedroom egress before setting the final budget.

Comparable Sales

  1. 902 NW 4th Pl – 0.26 miles away; 2/1 with 847 square feet; sold March 2026 for $220,000; 5,227-square-foot lot; no pool; no garage identified; renovated one-bath cottage with a nearly identical footprint and lot. Its two-bedroom layout makes it a lower bracket for the subject’s four-bedroom configuration.
  2. 502 NW 6th Ave – 0.25 miles away; 3/2 with 832 square feet; sold June 2026 for $249,000; 5,227-square-foot lot; no pool or garage; renovated frame home with updated systems and finishes. It is slightly smaller than the subject but benefits from a second bathroom.
  3. 1118 NW 10th Ave – 0.28 miles away; 2/1 with 1,031 square feet; sold July 2026 for $262,500; 9,148-square-foot lot; no pool; 1-car garage; updated and market-ready home with a larger lot and superior parking. Its one-bath layout is relevant, while its two bedrooms make it a different functional fit.
  4. 526 NW 3rd St – 0.34 miles away; 3/2 with 1,128 square feet; sold April 2026 for $300,000; 5,227-square-foot lot; no pool or garage identified; fully renovated wood-sided home with a new metal roof, quartz counters, updated bathrooms, flooring, appliances, and a tankless water heater. Its larger living area and second bathroom make it the upper bracket.

ARV & Rental Analysis

Estimated ARV: $250,000 to $270,000 +/-

Estimated Rent: $1,900 to $2,200 per month +/-

Details

  • Price: $159,900
  • Property Size (Sq. ft.): 909
  • Land Area (Acres): 0.12
  • Bedrooms: 4
  • Bathroom: 1.00
  • Garage: None
  • Year Built: 1930
  • Property Type: Single Family
  • Property Status: Cash Flow, Flip
  • County: Alachua
  • Estimated ARV: $250,000 to $270,000 +/-
  • Estimated Rehab Cost: Moderate+
  • Estimated Monthly Rent: $1,900 to $2,200 per month +/-
  • Yearly Taxes: $1,860
  • HOA Monthly Cost: $0
  • Construction Type: Frame
  • Pool: None
  • City Gainesville
  • State Florida

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