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Active · Multi-Family

918 4TH PLACE

GAINESVILLE, FL 32601

Beds
3 beds
Baths
3 baths
Area
1,846 sqft
Multi-FamilyBuilt 19585,227 sqft lotElectricCentral Air$244/sqft2 days on market

About this home

Exceptional Investment & Development Opportunity! Rare opportunity to own a single family home and duplex situated on U4 (Urban 4) zoned parcel, offering immediate rental income and exciting long-term redevelopment potential. The U4 zoning district is designed to encourage walkable urban development and provides flexible building standards that may appeal to investors, builders, and developers. U4 zoning also allows up to 3 stories (42 feet maximum height), 0-foot interior side setbacks (subject to utilities and easements), and rear setbacks of 3 feet with an alley or 10 feet without. Accessory Dwelling Units (ADUs) are permitted, allowing one attached and one detached ADU per parcel, provided a primary residence remains on the property and all applicable City standards are met. The parcel is not located within a historic district, though buyers should verify any requirements with the City due to the age of the existing structures. Whether you're looking to continue operating the existing rental, expand your investment portfolio, or explore future redevelopment opportunities, this property offers exceptional flexibility in a highly desirable location. Buyers are encouraged to verify all zoning regulations, permitted uses, development standards, and future plans with the City of Gainesville. For buyers seeking an extraordinary investment opportunity, the adjacent properties are also available 907 NW 4th Place (triplex) and 908 NW 4th Place (single family).

Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,846 sqft
Heating
Electric
Cooling
Central Air
Flooring
Linoleum, Other
Features
Other
Appliances
Electric Water Heater, Range

Exterior & lot

Lot size
5,227 sqft (0.12 ac)
Roof
Shingle
Construction
Block, Stucco
Exterior
Fence

Financial

Annual tax
$3,740 (2025)
Price / sqft
$244/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected

Property

Property type
Multi-Family
Year built
1958
Subdivision
BROWNS ADDITION
County
Alachua

Assigned schools

Elementary
Carolyn Beatrice Parker Elementary
Middle
Westwood Middle School-AL
High
Gainesville High School-AL

Listing

Status
Active
Days on market
1 day
MLS #
MFR801869098
Source
Stellar MLS

Listed by Angelina Ballatore · BHHS FLORIDA REALTY

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$416k
−7.5% vs asking
$389k low$443k high

Based on 28 comparable sales within 2 miles of GAINESVILLE, FL, this home is priced over RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$2,895/mo
Principal & interest
$2,395/mo
Property tax
$300/mo
Home insurance
$200/mo

Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Aug 6, 2026Listed$450,000

NeighbourhoodSample data

Reference scores for GAINESVILLE, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
84/ 100
Very walkable
Transit Score
52/ 100
Good transit
Bike Score
52/ 100
Bikeable
Elementary school
6/ 10
Above average
Middle school
8/ 10
Top-rated
High school
9/ 10
Top-rated

Location

Frequently asked questions

What would 918 4TH PLACE, GAINESVILLE cost per month?

About $2,812 a month: $2,275 principal and interest, $312 property tax, $225 insurance. That assumes 20% down at 6.5% over 30 years.

Is 918 4TH PLACE, GAINESVILLE priced fairly?

Comparable sales nearby put it between $377,692 and $434,548, with $406,120 in the middle. That is from 3 properties of the same type and size within three miles, at a median of $220 a square foot.

How does 918 4TH PLACE, GAINESVILLE compare to nearby homes?

3 comparable properties within three miles. The nearest: 907 4TH PLACE, GAINESVILLE, FL at $450,000, 1,751 sq ft, 0.03 miles away; 232 4TH AVENUE, GAINESVILLE, FL at $325,000, 1,475 sq ft, 0.42 miles away; 608 24TH AVENUE, GAINESVILLE, FL at $199,000, 1,136 sq ft, 1.39 miles away.

How long has 918 4TH PLACE, GAINESVILLE been on the market?

1 day on the market.

Has the price of 918 4TH PLACE, GAINESVILLE changed?

The price has not moved since it was listed.

How big is 918 4TH PLACE, GAINESVILLE?

3 bed, 3 bath, 1,846 square feet. That is $244 a square foot.

What year was 918 4TH PLACE, GAINESVILLE built?

Built in 1958.

What is the HOA fee at 918 4TH PLACE, GAINESVILLE?

The feed lists no association fee for this property.

What are the property taxes at 918 4TH PLACE, GAINESVILLE?

Property tax works out to about $312 a month, $3,740 a year.

Is 918 4TH PLACE, GAINESVILLE still available?

It is still on the market.

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