4 Beds
4 Baths
1,740 SqFt
4 Beds
4 Baths
1,740 SqFt
Key Details
Property Type Multi-Family, Duplex
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,740 sqft
Price per Sqft $189
Subdivision Smathers Blk 173 Deland
MLS Listing ID G5117012
Bedrooms 4
HOA Y/N No
Year Built 1988
Annual Tax Amount $1,902
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 38x136
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Great investment opportunity in a desirable Deland location close to downtown! This duplex features **two spacious 2-bedroom, 2-bath units**, with each side offering approximately **870 square feet of living space** and its own **1-car detached garage**.
One unit has already received some renovations, while the other offers an opportunity for the new owner to update and add value. The current owner has intentionally kept rents below market at just **$700 per month per side**, while similar units on the same street are reportedly renting for approximately **$1,500–$1,700 per month**. Current leases expire in **June 2027**, providing an excellent opportunity for a new owner to reposition the property and increase rental income.
With a convenient location near downtown Deland, solid unit sizes, private garages, and significant rental upside, this property offers an attractive opportunity for investors looking for **long-term income potential and value-add upside**. Whether you choose to renovate and increase rents or hold as a long-term investment, this duplex is worth a look!
Location
State FL
County Volusia
Community Smathers Blk 173 Deland
Area 32724 - Deland
Zoning 05R2
Interior
Interior Features Eat-in Kitchen
Heating Electric
Cooling Central Air
Furnishings Unfurnished
Fireplace false
Laundry In Garage
Exterior
Exterior Feature None
Garage Spaces 1.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Attached Garage false
Garage true
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Schools and Properties Nearby
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1400 S International Pkwy, Lake Mary, FL 32746, USA