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Key Facts

Type Triplex
Levels Residential Income
Size 4026 sqft
Garage No
Taxes $5,778
Days Active 108
Lot Size 
Approx. Age 1919
Avg. Price Per Sqft $105
MLS® Number O6298840

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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!Show Description
MLS® NumberO6298840
Laundry LevelLaundry Room
Central VacNo
FireplaceNo
Acreage0.4
ExteriorLighting, Sidewalk
GarageNo
Approx. Age1919
BasementFinished
DrivewayDriveway, Off Street
Garage Spaces
HeatCentral, Ductless
A/CCentral Air, Wall/Window Unit(s)
Heating Fuel

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