1. Florida
  2. Eustis
  3. 406 E ORANGE AVENUE
$425,000

406 E ORANGE AVENUE, Eustis, FL 32726

  • 8 beds |
  • 6 baths |
  • 4,026 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1919
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $106/sqft
  • Property List Date Icon Listed 1 month ago

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!

Listing Status:
Active
Date Added:
April 14, 2025 at 05:00AM
Listing Office:
MARK SPAIN REAL ESTATE : 855-299-7653
Listing Agent:
Devon Bascombe : 689-305-2583
MLS ID:
O6298840
  • General: Ninguno
  • Rooms: Attic
  • Laundry: Laundry Room
  • Basement: Finished
  • Flooring: Hardwood
  • A/C: Central AirWall/Window Unit(s)
  • Heating: CentralWall Units / Window Unit
  • Fireplace: Living RoomMasonryWood BurningFireplace

This listing courtesy of Devon Bascombe, MARK SPAIN REAL ESTATE

Location

Schools Nearby

E

Eustis Elementary School

714 E Citrus Ave, Eustis, FL, 32726

Grades PK-5

0.22 miles away

L

Lake Virtual Franchise

200 W Golf Links Ave, Eustis, FL, 32726

Grades KG-12

1.22 miles away

E

Eustis High School

1300 Washington Ave, Eustis, FL, 32726

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.