Trenton Multifamily Investment
413 NE 7th St Trenton, FL 32693
413 NE 7th St, Trenton, FL, 32693
$515,000
For Sale
$515,000
MULTI_FAMILY - Other - Trenton, FL
Property Size2,635 SF
Lot Size1.16 Acres
Price / SF$195.45
Days on Market1456
Property Features for 413 NE 7th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 6
- Rooms
- Bedroom 3, Dining Room, Bathroom 1, Bedroom 4, Family Room, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Laundry Room, Bedroom 2, Bathroom 2
- Parking features
- Open, Carport
- Window features
- Single Pane Window(s)
- Interior features
- Blinds, W/D Hookups, Ceiling Fans, Family Room, Separate Dining Room, Walk-in Closet(s), Fireplace, Kitchen/Dining Combo, Laundry/Utility Room
- Fireplace
- 1
- Appliances
- Range Hood, Range - Electric, Dishwasher, Refrigerator
- Standard status
- Active
- APN
- 16-10-15-0044-0000-1050
- Size
- 2,635 SF
- Lot size
- 1.16 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Description
- Listing consists of 3 Parcels: 16-10-15-0044-0000-1050, 16-10-15-0044-0000-1040 and 16-10-15-0044-0000-1270. Please refer to GCPA for legal descriptions.
- Tax Annual Amount
- 3965
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1977
- Number of units
- 3
- Flooring type
- Carpet, Laminate
- Building materials
- Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
United Country Smith & Associates Trenton
(352) 463-7770
Listed by
Randy Wilkerson · License #SL3352261
(352) 317-6321
Added: Jul 28, 2022 Updated: Jun 8 at 4:31PM Checked: Jul 22 at 2:06PM
MLS# 784979
Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. 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.
Located in Trenton, Florida, this property presents an investment opportunity with three homes situated on over an acre. The property includes two double-wide mobile homes, each manufactured in 2003 and featuring 828 square feet of living space with an open floor plan and three bedrooms. Additionally, there is a concrete block home at the rear of the property, offering four bedrooms and a bonus room suitable for an office or den. The concrete block home also includes a living room with a wood-burning fireplace, a spacious kitchen, and a separate dining room. The property is located in a neighborhood in the heart of town. The property totals 2,635 square feet. All homes are currently occupied with long-term rental histories, making this a turnkey investment.
Key Highlights
- 3‑home property on just over 1 acre, with two 3‑bedroom/2‑bath DW mobile homes and one 4‑bedroom/2‑bath CB home
- Two manufactured mobile homes (2003) with open floor plans, each offering 828 SF
- Central electric heating and public water with public sewer
Local Financial Insights For Apartment 5plus
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 | $44.9k | $17.04 |
| − Vacancy | −$2.7k | −$1.02 |
| EGI | $42.2k | $16.02 |
| − OpEx | −$19.0k | −$7.21 |
| NOI | $23.2k | $8.81 |
2,635 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$331.6K
$290.2K – $386.9K
NOI $23,214 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$652.6K
$571.1K – $761.4K
NOI $45,685 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Three homes on over an acre, prime investment opportunity.
Where is this multifamily property located?
The property is located at 413 NE 7th St Trenton, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 3‑home property on just over 1 acre, with two 3‑bedroom/2‑bath DW mobile homes and one 4‑bedroom/2‑bath CB home; Two manufactured mobile homes (2003) with open floor plans, each offering 828 SF; Central electric heating and public water with public sewer
