Quadplex with On-Site
New
For Sale
$920,000
745 EASY Avenue, Orlando, FL 32805
Residential Income, ORLANDO, FL
Property Size3,200 SF
Lot Size0.03 Acres
Price / SF$287.50
Days on Market5
Property Features for 745 EASY Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-1/T/PH
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 11, Bedroom 12, Bathroom 2, Bedroom 4, Bedroom 9, Bedroom 8, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 10, Bedroom 1
Exterior features
Fence
Fencing
Fenced
Subdivision
MAGRUDER REV
Directions
Drive east on Fred L. Maxwell Bld. Right to Tampa Ave. Left to Carter St. Right to Easy Ave. Property is on the left.
Standard status
Active
APN
34-22-29-5464-02-280
Size
3,200 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
J B MAGRUDERS RESURVEY F/89 LOT 28 & S 1/2 LOT 26 BLK 2H
Tax Annual Amount
7206
Legal Description
J B MAGRUDERS RESURVEY F/89 LOT 28 & S 1/2 LOT 26 BLK 2H
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Number of units
3
Building materials
Block
Roof type
Built-Up
Listing Agency:
BEYCOME OF FLORIDA LLC
(804) 656-5007
Listed By:
Steven Koleno · License #3469487
(804) 656-5007
Added: Aug 24
Changed: Aug 25
Last Checked: Aug 28 at 4:06AM
MLS# O6436271
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.
This 3,200-square-foot quadplex property at 745 Easy Avenue includes a main building parcel and a separate parking lot parcel. The structure was built in 1950 with block construction, a built-up roof, central air conditioning, electric heating, and fencing. The interior room inventory includes 12 bedrooms and four bathrooms.
The property encompasses 0.03 acres in Orlando, Florida, with space for 16 vehicles on the separate parking parcel. It is zoned R-1/T/PH and served by public water and public sewer. Cable is available, providing an additional utility connection for the property.
The property encompasses 0.03 acres in Orlando, Florida, with space for 16 vehicles on the separate parking parcel. It is zoned R-1/T/PH and served by public water and public sewer. Cable is available, providing an additional utility connection for the property.
Key Highlights
- Separate parking lot parcel with room for 16 vehicles
- 3,200 square feet of building area on 0.03 acres
- 12 bedrooms and four bathrooms
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
$45,399
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
4.93%
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%
$907,980
$908.0K
Cap Rate 7%
$648,557
$648.6K
Cap Rate 9%
$504,433
$504.4K
Market Conditions
NOI Build-Up for 3,200 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
$69.1K $21.60/SF
− Vacancy
−$4.3K −$1.33/SF
EGI
$64.9K $20.27/SF
− OpEx
−$19.5K −$6.08/SF
NOI
$45.4K $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%
$907,980
Cap Rate 7%
$648,557
Cap Rate 9%
$504,433
Alternative Uses
Best Use
Multifamily LT 5
$648.6K
$567.5K – $756.7K
NOI $45,399 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$592.4K
$518.4K – $691.2K
NOI $41,469 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$1.03M
$902.0K – $1.20M
NOI $72,158 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,250
Businesses Nearby
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
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?
Quadplex - Multi-unit residential property with a separate parking parcel and central air conditioning.
Where is this quadplex located?
The property is located at 745 EASY Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Separate parking lot parcel with room for 16 vehicles; 3,200 square feet of building area on 0.03 acres; 12 bedrooms and four bathrooms
