406 E ORANGE AVE new Save Request In-Person Tour Request Virtual Tour
Eustis,FL 32726
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,026 sqft
Price per Sqft $105
Subdivision Eustis
MLS Listing ID O6298840
Bedrooms 8
Construction Status Fixer
HOA Y/N No
Originating Board Stellar MLS
Year Built 1919
Annual Tax Amount $5,778
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 132x132
Property Sub-Type Triplex
Property Description
Welcome to 406 E Orange Ave, a charming, income-producing fixer-upper in the heart of historic Eustis, FL. Priced below market value to reflect the updates needed, this property presents a unique opportunity for investors or owner-occupants ready to bring their vision to life—while gaining instant equity in a prime location.
Highlights include a like-new 2023 roof, newly installed irrigation and backflow systems, completed demo, approved architectural plans, and all permits paid for and ready to go for the main unit. Additionally, the second unit has completed demo work along with rough electrical and plumbing already in place, making this property primed for transformation.
Execute the current owner's plans to convert the main structure into two 3-bedroom, 2-bathroom units, and the secondary structure into a 2-bedroom, 2-bathroom apartment or in-law suite—creating three total income-generating units.
Located just a short walk from charming downtown Eustis, this home offers close proximity to local shops, dining, parks, and Lake Eustis. The area has seen increased interest from both renters and investors thanks to its walkability, community events, and convenient location near Mount Dora and Tavares.
Multifamily homes in Eustis are in high demand, with strong rental potential and limited inventory—making this a rare opportunity to capitalize on the market. Enjoy small-town charm with easy access to major highways connecting you to Orlando and Central Florida's top attractions.
Whether you're looking to house hack, build a profitable rental portfolio, or secure a long-term investment, 406 E Orange Ave is your chance to create something truly special. Schedule your showing today and bring your vision to life!
Location
State FL
County Lake
Community Eustis
Rooms
Other Rooms Attic
Interior
Interior Features Ninguno
Heating Central,Wall Units / Window Unit
Cooling Central Air,Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Living Room,Masonry,Wood Burning
Fireplace true
Laundry Laundry Room
Exterior
Exterior Feature Irrigation System,Lighting,Sidewalk
Parking Features Driveway,Off Street
Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Public,Sewer Connected,Street Lights,Water Connected
Roof Type Shingle
Porch Covered,Front Porch,Side Porch
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Corner Lot,City Limits,Level,Near Public Transit,Sidewalk,Paved
Foundation Basement,Crawlspace,Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Stucco
New Construction false
Construction Status Fixer
Schools
Elementary Schools Eustis Elem
Middle Schools Eustis Middle
High Schools Eustis High School
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None