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Duplex with Two 2BR Units

111 LOUISIANA Avenue Saint Cloud, FL 34769

111 LOUISIANA Avenue, Saint Cloud, FL, 34769
$475,000
Pending
For Sale
$475,000
Pending

MULTI_FAMILY - ST CLOUD, FL

Property Size2,184 SF
Lot Size0.26 Acres
Days on Market45

Property Features for 111 LOUISIANA Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
SR2
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1
Window features
Blinds
Pets allowed
Yes
Interior features
Ceiling Fans(s)
Exterior features
Sidewalk
Appliances
Dishwasher, Range, Refrigerator
Standard status
Pending
APN
01-26-30-0001-0453-0090
Size
2,184 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LAKEFRONT ADDN PB B PG 61-B & 62 BLK 453 N 50 FT LOT 9 & S 25 FT LOT 10
Tax Annual Amount
6691

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1983
Floors in Building
1
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Shingle
Listing agency CORCORAN CONNECT LLC
Listed by Milinda Knollinger · License #3348402
Added: Jun 8 Updated: Jul 20 at 8:59PM Checked: Jul 22 at 7:06AM
MLS# S5151332

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained duplex is block-constructed and configured as two separate residential units. Each unit includes 2 bedrooms and 2 bathrooms, with a spacious living room and a large kitchen with a dining area. Interior laundry is supported by washer/dryer hookups, and hard-surface flooring is installed throughout with no carpet.

The property is located at 111 Louisiana Avenue in St. Cloud, Florida. The listing notes proximity to the St. Cloud lakefront, with Downtown St. Cloud described as minutes away.

The duplex sits on an oversized 0.26-acre lot and is presented as an income-producing property with the option for an owner-occupant to live in one unit while renting the other. The remarks also specify that there is no HOA and no CDD.

Key Highlights

  • Duplex built in 1983 with block and stucco construction and shingle roof
  • No HOA and no CDD
  • Oversized 1/4+ acre lot; sidewalk access on site

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $44.6k $20.40
− Vacancy −$2.9k −$1.35
EGI $41.6k $19.05
− OpEx −$12.5k −$5.72
NOI $29.1k $13.34
2,184 SF · lease $20.40/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$416.1K
$364.1K – $485.5K (±1% cap)
NOI $29,129 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$383.1K
$335.3K – $447.0K (±1% cap)
NOI $26,820 @ 7.0% cap · market cap 5.65%
Theoretical Best
Specialty Retail
$675.3K
$590.9K – $787.9K (±1% cap)
NOI $47,273 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Building Supply Hair Salon Spa & Massage Center (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service Bakery Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex on a 0.26-acre lot with two units, each offering 2 bedrooms and 2 bathrooms.
Where is this duplex located?
The property is located at 111 LOUISIANA Avenue Saint Cloud, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex built in 1983 with block and stucco construction and shingle roof; No HOA and no CDD; Oversized 1/4+ acre lot; sidewalk access on site
Contact an agent
More about this property
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