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

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