Active
1921 E JEFFERSON ST
ORLANDO FL, 32803
$899,000
$529.13 per sqft
Active
4 Beds
3 Baths
1,699 sqft
Multi-family
Built in 1940
Introducing a rare-to-market tri-plex that offers an exceptional "turn-key" investment opportunity in the heart of Orlando's bustling Milk District! Situated on a large, picturesque corner lot, this multi-family property currently generates $66,000 in gross revenue per year and is divided into a duplex with a detached ADU and boasts plenty of street and driveway parking.The spacious two-bedroom, one-bathroom unit was updated in 2022 with new cabinets, quartz countertops, carpet, bathroom vanity, and fresh paint. The one-bedroom, one-bathroom unit features newer kitchen cabinets and countertop, quality appliances and a fireplace. The duplex shares central AC, which was replaced in 2023. The quaint and cozy detached studio ADU includes tile floor, renovated bathroom, AC installed in 2024 and a new water heater from 2023. All units share an on-site laundry room equipped with a new washer and dryer replaced in 2024. A highlight of this property is the shared courtyard, featuring a bird fountain, creating a common area perfect for camaraderie and gatherings. LOCATION, LOCATION, LOCATION defines this incredible investment! Just steps away from core Milk District establishments such as Sideward Brewing, Otto's, and Stasio's Italian Kitchen, this property is easily walkable to cultural events at Festival Park & the Plaza Live, as well as Thornton Park & Lake Eola. Enjoy convenient shopping at Colonial Town Plaza, grocery options like Publix & Aldi, gyms, trendy coffee shops, and more! Plus, with easy access to the 408 Expressway, you're just a 20-25 minute drive from Orlando International Airport. This property has proven itself as an excellent long-term investment with high gross rents with additional room for growth, strong property price appreciation, low vacancy rates and very low operating costs. Don't miss out on this exciting opportunity--schedule your showing today and explore all the benefits and features this incredible property has to offer!
O6277599
MLSⓇ ID
February 4, 2025
Listed
March 12, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
3
Interior Features
Ceiling Fans(s), Open Floorplan
Appliances
Microwave, Range, Refrigerator
Laundry Description
Common Area
Floor Description
Carpet, Tile
Fireplace
No
Fireplace Description
Wood Burning
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.19 Acres
Exterior Features
Awning(s), Other
Lot Features
Sidewalk
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Edgewater High
Elementary School
Lake Como Elem
Other Property Details
Area Name
32803 - Orlando/Colonial Town
Taxes
$8,878
Tax Frequency
Annually
Days on Market
19
Association Fee Frequency
Monthly
Garage
No
View
No
County
Orange
Municipality
22
Water Source
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Zoning
R-2A/T/HP/
Listed by COMPASS FLORIDA LLC
Listing Contact: 407-203-9441
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Data last updated 3/12/2025, 6:03 PM UTC