1940 E University Ave, photo 1
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Overview

3 bd2 ba1,192 sqft1 car garageSingle Family
TypeSingle Family
HOANone listed
Built1945
Lot20,038 sqft
Living area1,192 sqft
Price / sqft$201
Garage1 car

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About this home

Ceiling Fans(s)Kitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersStone CountersThermostatLighting

1940 E University Ave is a 1945-built home in Thomas Jack Sub, Gainesville. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,192 square feet of living space. Listed at $239,900 (about $201/sqft), 18 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Virtually Staged. Great location just minutes from downtown Gainesville! This beautifully remodeled 3-bedroom, 2-bathroom home features a brand-new kitchen with granite countertops, new cabinetry, and new appliances, along with new flooring, windows, light fixtures, and more. The roof, HVAC system, and water heater are all approximately 4 years old, providing added peace of mind. Outside, the property offers a detached garage and sits on an extra-large corner lot with plenty of space. A move-in-ready home in a convenient location with numerous recent updates!

The essentials

Built
1945
Price / sqft
$201
On market
18 days
Annual tax
$3,109
Flood zone
X · Low risk
Lot
20,038 sqft
Type
Single Family Residence

At a glance

Single family
Built 1945
1 car garage
0.46 acres
Lot size
1,192 sqft
Living area

Payment

Est. monthly payment
$1,630/mo
Down payment (20%)
$47,980
Property taxes
$259/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1945
Lot
20,038 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
18
Ceiling Fans(s)
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Stone Counters
Thermostat
Lighting
Private Yard
Cooktop
Dishwasher
Range
Refrigerator
Homestead exemption on file Flood Zone X
Annual Tax (2025)
$3,109
Parcel #
11227-000-000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Thomas Jack Sub
County
Alachua
MLS Area
32641 - Gainesville
Lot Size
20,038 sqft

Price history

Date
Event
Price
9/25/2026
Listed for sale
Source: Stellar MLS #GC543791
$239,900
$201/sqft

Neighborhood

1940 E University Ave
Gainesville, FL, 32641 · 32641 - Gainesville

Market insights

Offer Insights

Choose an offer strength

List price: $239,900
$237,500 – $239,900
98.8% – 100% of listTops out right at the list price
80% of listList price
27 of the last 53 home closings in 32641 landed at this number or higher (51%). The median one sat 42 days before it went under contract, and this one is on day 18.

Sample: 53 closed home sales in 32641 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,630/mo
Principal & interest$1,251
Property taxes$259
Insurance$120
Down payment20% · $47,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$239,900

$201 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,192 sq ft

Time on market

18 days

Year built

1945

Monthly payment

About $1,630/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,109 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered bySUSKIN REALTY INCListing agent: Samuel SuskinListing data from Stellar MLS, MLS# GC543791.

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