Income-Producing Duplex
1800 Wightman Avenue Sebring, FL 33870
1800 Wightman Avenue, Sebring, FL, 33870
$235,000
For Sale
$235,000
DUPLEX - Sebring, FL
Property Size1,820 SF
Lot Size0.16 Acres
Price / SF$129.12
Days on Market23
Property Features for 1800 Wightman Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- Driveway
- Exterior features
- Stucco
- Appliances
- Refrigerator(s), Stove(s) / Range(s) Oven(s)
- Standard status
- Active
- APN
- S-33-34-29-022-0050-0011
- Size
- 1,820 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ALTAMONT PLACE ADD NO 3 PB 11 PG 20 N 1/2 OF LOT 1 BLK 5
- Tax Annual Amount
- 4006
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1987
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Concrete Block
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
COMPTON REALTY
(863) 465-4158
518 US 27 S, Lake Placid, FL
Listed by
Kristy Fletcher
(863) 465-4158
Added: Jun 26 Checked: Jul 18 at 2:06 am
MLS# 326229
Listing URL
Copyright © 2026 Heartland Multiple Listing Service, Inc. 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 is a duplex residential income building on a small lot, offering two separate units within one structure. A new metal roof was installed in 2018, providing a recent exterior improvement.
The duplex is located close to downtown Sebring, as well as nearby schools and Fireman's Field. The setting supports convenient access to everyday destinations.
For buyers seeking a residential income property, this duplex format provides the opportunity to own two living units under one roof. With the roof replacement completed in 2018, the exterior component is already addressed, which can simplify near-term property upkeep planning. The property’s R2 zoning supports residential use consistent with a duplex configuration.
The duplex is located close to downtown Sebring, as well as nearby schools and Fireman's Field. The setting supports convenient access to everyday destinations.
For buyers seeking a residential income property, this duplex format provides the opportunity to own two living units under one roof. With the roof replacement completed in 2018, the exterior component is already addressed, which can simplify near-term property upkeep planning. The property’s R2 zoning supports residential use consistent with a duplex configuration.
Key Highlights
- Duplex built in 1987 with concrete block construction
- New metal roof installed in 2018
- Central electric heating and central air conditioning
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 | $25.1k | $13.80 |
| − Vacancy | −$1.6k | −$0.90 |
| EGI | $23.5k | $12.90 |
| − OpEx | −$7.0k | −$3.87 |
| NOI | $16.4k | $9.03 |
1,820 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$234.8K
$205.5K – $274.0K
NOI $16,438 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$218.2K
$191.0K – $254.6K
NOI $15,276 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$378.6K
$331.3K – $441.8K
NOI $26,505 @ 7.0% cap · market cap 11.28%
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 - For sale duplex with a newer metal roof, offering a residential income setup near schools and local recreation.
Where is this duplex located?
The property is located at 1800 Wightman Avenue Sebring, FL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Duplex built in 1987 with concrete block construction; New metal roof installed in 2018; Central electric heating and central air conditioning
