$425,000 for Sale
406 e orange avenue , eustis, FL 32726
| Beds 8 | Baths 6 | 4,026 Sqft | 0.40 Acres |
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1 of 46 |
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!
General Information
Sale Price: $425,000
Price/SqFt: $106
Status: Active
MLS#: O6298840
City: eustis
Post Office: eustis
Schools: eustis high school
County: Lake
Subdivision: eustis
Acres: 0.4
Lot Dimensions: 132 x 132
Bedrooms:8
Bathrooms:6
House Size: 4,026 sq.ft.
Acreage: 0.4 est.
Year Built: 1919
Property Type: Triplex
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Block, Brick, Stucco
Exterior Misc: Irrigation System, Lighting, Sidewalk
Fireplaces: Yes
Fireplace Description: Living Room, Masonry, Wood Burning
Basement: Yes
Basement Description: Finished
Foundation : Basement, Crawlspace, Slab
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5,778
Legal Description: EUSTIS PB 1 PG 79 LOTS 5 6 7 8 BLK 64 N 1/2 OF VACATED UNNAMED ALLEY LYING S OF LOTS 5 6 7 8 BLK 64 ORB 6179 PG 651
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Devon Bascombe of MARK SPAIN REAL ESTATE, Phone: 855-299-7653
