Three small rentals on a double lot. This Orlando property is rare: three homes on one double lot with R-2 zoning. Bustling area. Each unit has separate meters and upgraded electric panels. There are two sports arenas nearby. The prime location, near Amway Arena, Orlando Regional Medical Center, and the Amazon Warehouse, ensures strong rental demand. While the homes require significant work, debris clean-up, and lack HVAC, the current low rents present a substantial opportunity for increased income after renovations. Despite these drawbacks and the adjacent auto mechanic shop, the unique triplex configuration in a desirable location making this a compelling investment with significant upside potential for higher rental yields. This is a rare opportunity to acquire a multi-unit property in the highly sought-after Orlando hub. Per seller, potential commercial rezoning is possible.
Property Details
Price:
$375,000
MLS #:
TB8375014
Status:
Active
Beds:
7
Baths:
3
Address:
1529 INDIANA STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
RIO VISTA
Neighborhood:
32805 – Orlando/Washington Shores
City:
ORLANDO
Listed Date:
Apr 17, 2025
State:
FL
Finished Sq Ft:
2,516
Total Sq Ft:
2,516
ZIP:
32805
Lot Size:
14,352 sqft / 0.33 acres (approx)
Year Built:
1936
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Schools
Interior
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Laminate, Tile
Heating
Wall Units / Window Unit
Laundry Features
Electric Dryer Hookup, Inside, Washer Hookup
Exterior
Construction Materials
Wood Frame
Exterior Features
Other, Private Mailbox
Roof
Metal, Shingle
Financial
Tax Year
2024
Taxes
$2,799
Map
Community
- Address1529 INDIANA STREET ORLANDO FL
- SubdivisionRIO VISTA
- CityORLANDO
- CountyOrange
- Zip Code32805
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1529 INDIANA STREET
ORLANDO, FL
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