Renovated Duplex on One
169 Lincoln Avenue Ormond Beach, FL 32174
169 Lincoln Avenue, Ormond Beach, FL, 32174
$355,000
Pending
For Sale
$355,000
Pending
MULTI_FAMILY - Ormond Beach, FL
Property Size1,269 SF
Lot Size0.49 Acres
Days on Market53
Property Features for 169 Lincoln Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
- Appliances
- Refrigerator, Microwave, Electric Range, Dishwasher
- Standard status
- Pending
- APN
- 421515000130
- Size
- 1,269 SF
- Lot size
- 0.49 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 13 SUB LOT N SUB RIVER LOT 11 ORMOND PER OR 4204 PG 3517 PER OR 8736 PG 2988 PER OR 8737 PG 3801
- Tax Annual Amount
- 3117
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
Listing Agency
EXP Realty LLC
(888) 883-8509
10752 Deerwood Park Blvd Ste 100, Jacksonville, FL
Listed by
Fredy Aucaquizhpi · License #681489
(407) 489-3990
Added: May 26 Checked: Jul 17 at 9:06 am
MLS# 1226912
Listing URL
Copyright © 2026 Daytona Beach Area Association of Realtors. 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 property consists of two completely renovated homes on a single lot. Both houses have been updated with new roofing, HVAC systems, water heaters, kitchens, bathrooms, flooring, and fresh interior paint. Each home includes its own separate utility area, which supports independent day-to-day living or separate tenant arrangements. The main home is configured with 4 bedrooms and 2 bathrooms, while the second home offers 2 bedrooms and 1 bathroom, creating flexibility for extended family use, guests, or rental housing.
The address is 169 Lincoln Avenue in Ormond Beach, Florida (Volusia County). The public remarks indicate the property is located near Ormond Beach MainStreet, along with shopping and restaurants, and is just minutes from a beach entrance.
For buyers seeking a straightforward owner-occupied and rental setup, the two-house layout and separate utility areas can make it easier to manage households with minimal overlap. Investors may also value the ability to rent one home or both, given the distinct bedroom and bath configurations designed for independent occupancy. Updates such as the roof, HVAC, and interior renovations can help reduce near-term maintenance concerns for an operator or homeowner.
The address is 169 Lincoln Avenue in Ormond Beach, Florida (Volusia County). The public remarks indicate the property is located near Ormond Beach MainStreet, along with shopping and restaurants, and is just minutes from a beach entrance.
For buyers seeking a straightforward owner-occupied and rental setup, the two-house layout and separate utility areas can make it easier to manage households with minimal overlap. Investors may also value the ability to rent one home or both, given the distinct bedroom and bath configurations designed for independent occupancy. Updates such as the roof, HVAC, and interior renovations can help reduce near-term maintenance concerns for an operator or homeowner.
Key Highlights
- Two completely renovated homes on one lot for multi‑generational living, guest space, or rental income
- Main home: 4 bedrooms and 2 bathrooms with spacious living areas and modern finishes
- Second home: 2 bedrooms and 1 bathroom with separate utility areas
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 | $17.7k | $13.92 |
| − Vacancy | −$1.8k | −$1.39 |
| EGI | $15.9k | $12.53 |
| − OpEx | −$4.8k | −$3.76 |
| NOI | $11.1k | $8.77 |
1,269 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$159.0K
$139.2K – $185.5K
NOI $11,132 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$138.1K
$120.9K – $161.2K
NOI $9,670 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$374.2K
$327.4K – $436.5K
NOI $26,192 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two fully renovated homes on one lot offer flexible living or rental options with separate utility areas.
Where is this duplex located?
The property is located at 169 Lincoln Avenue Ormond Beach, FL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Two completely renovated homes on one lot for multi‑generational living, guest space, or rental income; Main home: 4 bedrooms and 2 bathrooms with spacious living areas and modern finishes; Second home: 2 bedrooms and 1 bathroom with separate utility areas
