Active

$329,900

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1740 sq ft
Overview
  • ID: MFRG5117012
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1740 sq ft
Property Details
Remarks
Income-Producing Deland Duplex Near Downtown 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!
Financial Considerations
Price:
$329,900
HOA Fee:
N/A
Tax Amount:
$1902.02
Price per SqFt:
$189.6
Tax Legal Description:
N 1/2 OF LOT 11 BLK B SMATHERS SUB BLK 173 DELAND MB 23 PG 202 PER OR 3527 PG 1049 PER OR 8391 PG 0855 PER OR 8510 PG 4126
Exterior Features
Lot Size:
5168
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1988
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    450 S HILL AVE
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