Duplex with Updated Exterior
143 E SOUTH Street Deland, FL 32724
For Sale
$299,900
MULTI_FAMILY - DELAND, FL
Property Size1,817 SF
Lot Size0.23 Acres
Price / SF$165.05
Days on Market185
Property Features for 143 E SOUTH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- 01R6
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
- Pets allowed
- Yes
- Interior features
- Open Floorplan, Primary Bedroom Main Floor
- Exterior features
- Storage
- Standard status
- Active
- APN
- 7004-09-00-0720
- Size
- 1,817 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 4-17-30 LOTS 72 TO 75 INC BALLARD HEIGHTS DEANBURG MB 7 PG 49 PER OR 5226 PG 2608 PER OR 7792 PG 4513
- Tax Annual Amount
- 4414
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1959
- Number of units
- 2
- Flooring type
- Tile, Wood, Vinyl
- Building materials
- Block
- Roof type
- Shingle
- Additional Structures
- Storage
Listing Agency:
RLW REALTY
(352) 771-2560
Listed By:
Logan Wilson · License #3248440
(352) 771-2560
Added: Jan 22
Changed: Jul 24
Last Checked: Jul 26 at 12:06AM
MLS# O6376348
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.
A two-unit duplex offering a total of 1,817 SF of living area on a 100' x 100' lot (0.23 acres). The property has received several recent improvements, including a new roof in 2021, window replacements, and a drainfield replacement.
Located at 143 E South Street in DeLand, this in-town asset is described as being minutes to Downtown dining, the Stetson University area, shopping, and major corridors. The listing also states monthly gross cash flow of $2,535.
Zoned 01R6, the property presents a straightforward income-producing residential configuration suited to long-term holding or stabilization within the DeLand rental market.
Located at 143 E South Street in DeLand, this in-town asset is described as being minutes to Downtown dining, the Stetson University area, shopping, and major corridors. The listing also states monthly gross cash flow of $2,535.
Zoned 01R6, the property presents a straightforward income-producing residential configuration suited to long-term holding or stabilization within the DeLand rental market.
Key Highlights
- Duplex with 2 units on a 100' x 100' lot (~0.23 acres) at 143 E. South Street, DeLand, FL 32724
- 1,817 SF total living area with an open floorplan and primary bedroom on the main floor
- Block construction with tile, wood, and vinyl flooring; central air and central electric heating
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 | $25.3k | $13.92 |
| − Vacancy | −$2.5k | −$1.39 |
| EGI | $22.8k | $12.53 |
| − OpEx | −$6.8k | −$3.76 |
| NOI | $15.9k | $8.77 |
1,817 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$227.7K
$199.3K – $265.7K
NOI $15,940 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$197.8K
$173.1K – $230.8K
NOI $13,846 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K
NOI $37,503 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex on a 100' x 100' lot with 1,817 SF living area and a roof replacement in 2021.
Where is this duplex located?
The property is located at 143 E SOUTH Street Deland, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Duplex with 2 units on a 100' x 100' lot (~0.23 acres) at 143 E. South Street, DeLand, FL 32724; 1,817 SF total living area with an open floorplan and primary bedroom on the main floor; Block construction with tile, wood, and vinyl flooring; central air and central electric heating
