Two-Unit Duplex with
For Sale
$545,000
1415 E AMELIA Street, Orlando, FL 32803
Residential Income, ORLANDO, FL
Property Size1,786 SF
Lot Size0.15 Acres
Price / SF$305.15
Days on Market187
Property Features for 1415 E AMELIA Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2A/T/HP
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 2
Parking features
Driveway
Patio and Porch features
Porch
Interior features
Ceiling Fans(s), Crown Molding, Window Treatments
Exterior features
Fence, Lighting, Sidewalk, Storage
Fencing
Fenced
Fireplace
1
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
Subdivision
COLONIAL PARK
Elementary school
Hillcrest Elem
Middle school
Howard Middle
High school
Edgewater High
Directions
Mills Ave and Amelia, Left on E Amelia, Property will be on your left.
Standard status
Active
APN
25-22-29-1536-08-180
Size
1,786 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Colonial Park Sub E/25 LOT 18 BLK H
Tax Annual Amount
6990
Legal Description
Colonial Park Sub E/25 LOT 18 BLK H
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
brick fireplace
inside laundry room
front porch
shared rear yard
Building Details
Year built
1925
Floors in Building
1
Number of units
2
Flooring type
Tile, Wood, Vinyl
Building materials
Wood Siding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
CREEGAN GROUP
(407) 622-1111
Listed By:
Timothy W Boon, PLLC · License #SL3277151
(321) 246-7930
Added: Mar 2
Changed: Sep 3
Last Checked: Sep 5 at 9:06PM
MLS# O6387960
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.
Built in 1925, this duplex contains two one-bedroom, one-bath residences within 1,786 square feet. Each unit includes living space with a brick fireplace, dining area, kitchen, large bedroom, and laundry room. Wood, vinyl, and tile flooring, central air, electric heat, and a mix of included appliances serve the interiors. A shared fenced rear yard, front porch, exterior storage, and driveway parking are among the property’s outdoor features. The property is currently rented, with each residence occupied.
The 0.15-acre parcel is zoned R-2A/T/HP and has public water and public sewer. The address is across from the YMCA, with shops and restaurants nearby. Sidewalk access is present, and downtown Orlando can be reached directly from the property.
The 0.15-acre parcel is zoned R-2A/T/HP and has public water and public sewer. The address is across from the YMCA, with shops and restaurants nearby. Sidewalk access is present, and downtown Orlando can be reached directly from the property.
Key Highlights
- Two one‑bedroom, one‑bath units in a 1,786‑square‑foot duplex
- Built in 1925 on a 0.15‑acre parcel
- Zoned R‑2A/T/HP
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,338
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$506,760
$506.8K
Cap Rate 7%
$361,971
$362.0K
Cap Rate 9%
$281,533
$281.5K
Market Conditions
NOI Build-Up for 1,786 SF
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.
Gross rent
$38.6K $21.60/SF
− Vacancy
−$2.4K −$1.33/SF
EGI
$36.2K $20.27/SF
− OpEx
−$10.9K −$6.08/SF
NOI
$25.3K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$506,760
Cap Rate 7%
$361,971
Cap Rate 9%
$281,533
Alternative Uses
Best Use
Multifamily LT 5
$362.0K
$316.7K – $422.3K
NOI $25,338 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$330.6K
$289.3K – $385.8K
NOI $23,145 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$575.3K
$503.4K – $671.2K
NOI $40,273 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,416
Businesses Nearby
Explore this area
Business Placement
Demographics for 32803, FL
21,003
Population
12,225
Households
1.7
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
3,089
Density / Sq Mi
$101,401
Median Household Income
$61,439
Median Earnings
$1,823
Median Rent
$421,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with matching one-bedroom, one-bath layouts, private laundry areas, and off-street driveway parking.
Where is this duplex located?
The property is located at 1415 E AMELIA Street Orlando, FL.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath units in a 1,786‑square‑foot duplex; Built in 1925 on a 0.15‑acre parcel; Zoned R‑2A/T/HP
