24th St., Orlando, FL 32805

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Orlando Multifamily Opportunity! This property is zoned R-2 and sits on a double lot. Property could be subdivided, and another duplex or tri-plex could be built. Two of the three units are newly renovated, with a third unit left to be finished. This is the cheapest income property available in all of Orlando right now. Collect over a 13% return even after repairs. Fix up the third unit and rent as is, demo unit 3 and have an updated duplex, subdivide the lot and build additional units, or demo the whole building and build 2 brand new triplexes – a lot of options.

Property Features:  Double lot (100×135), roof less than 1 year old, 2 updated units with brand new AC, new flooring, 1 renovated kitchen, 1 renovated bathroom, and updated landscaping. One fully functional kitchen with all appliances. Third unit is blank slate ready to be finished, large storage area in back. Rent Rehab: $20k-25k – Complete rehab of unit 3, yard clean up, appliance package for unit 1.



Est. Rehab: $20,000 – $25,000

Est. Monthly Rent: $2,250

Est. ARV: $220,000 +

  • Address: 24th Street, Orlando, Florida 32805 
  • Price: $155,000 
  • Availability: Sold 
  • Listing Type: Triplex 
  • Bedrooms:
  • Bathrooms:
  • Total Square Feet: 1539 
  • Construction Type: Siding 
  • Year Built: 1953 

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