Homes for sale - 406 E ORANGE AVE, Eustis, FL 32726

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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

$ 425,000

Est. payment | -/mo

8 Beds

6 Baths

4,026 SqFt

Save

$ 425,000

Est. payment | -/mo

Save

8 Beds

6 Baths

4,026 SqFt

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

Year Built 1919

Annual Tax Amount $5,778

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 132x132

Property Sub-Type Triplex

Source Stellar MLS

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

Area 32726 - Eustis

Rooms

Other Rooms Attic

Interior

Interior Features Ninguno

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Flooring Wood

Fireplaces Type Living Room, Masonry, Wood Burning

Fireplace true

Laundry Laundry Room

Exterior

Exterior Feature Lighting, Sidewalk

Parking Features Driveway, Off Street

Community Features Street Lights

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, 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

Listed by MARK SPAIN REAL ESTATE

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL, 32827, United States

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406 E ORANGE AVE Eustis, FL 32726