Fully Leased Duplex with Separate
9261 N Peachtree Way Citrus Springs, FL 34434
9261 N Peachtree Way, Citrus Springs, FL, 34434
$330,000
For Sale
$330,000
MULTI_FAMILY - Other - Citrus Springs, FL
Property Size1,750 SF
Lot Size0.23 Acres
Price / SF$188.57
Days on Market48
Property Features for 9261 N Peachtree Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- PDR
- Parking features
- Driveway
- Exterior features
- ConcreteDriveway
- Appliances
- Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, Refrigerator
- Standard status
- Active
- APN
- 1222028
- Size
- 1,750 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CITRUS SPRINGS UNIT 1 PLAT BK 5 PG 89 LOT 3 BLK 69
- Tax Annual Amount
- 2956
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2008
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing Agency
Keller Williams Cornerstone RE
(352) 369-4044
1918 SE 17th Street, FL
Listed by
John Telford · License #3507170
(407) 492-9954
Added: Jun 1 Checked: Jul 18 at 4:06 pm
MLS# 855261
Listing URL
Copyright © 2026 REALTORS Association of Citrus County, 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.
Built in 2008, this duplex includes two separate 2-bedroom, 2-bathroom units. Each unit offers approximately 875 square feet of living space. The property is fully leased, with both units occupied by long-term tenants on month-to-month leases. Separate electric and water meters allow tenants to pay all utilities.
Located at 9261 N Peachtree Way in Citrus Springs, Florida, the property sits on a 0.23-acre lot. The listing is under PDR zoning, and the duplex is described as being on a quiet multi-family-zoned street. Current rent is $1,115 per month per unit, and the remarks note market rent in the area supports approximately $1,200 to $1,250 per month or greater.
For investors, this setup provides immediate, tenant-paid utility structure with month-to-month tenancy while keeping day-to-day management straightforward. For owner-occupants, the layout supports living in one unit while renting the other to help offset housing costs. The seller is also offering the neighboring duplex at 9271 N Peachtree Way; that duplex is described as having the same floor plan, and one unit there is vacant and available for showing. Please note the interior photos in this listing are from the next-door duplex, and the identical floor plan can be viewed by scheduling a showing of the vacant unit via ShowingTime.
Located at 9261 N Peachtree Way in Citrus Springs, Florida, the property sits on a 0.23-acre lot. The listing is under PDR zoning, and the duplex is described as being on a quiet multi-family-zoned street. Current rent is $1,115 per month per unit, and the remarks note market rent in the area supports approximately $1,200 to $1,250 per month or greater.
For investors, this setup provides immediate, tenant-paid utility structure with month-to-month tenancy while keeping day-to-day management straightforward. For owner-occupants, the layout supports living in one unit while renting the other to help offset housing costs. The seller is also offering the neighboring duplex at 9271 N Peachtree Way; that duplex is described as having the same floor plan, and one unit there is vacant and available for showing. Please note the interior photos in this listing are from the next-door duplex, and the identical floor plan can be viewed by scheduling a showing of the vacant unit via ShowingTime.
Key Highlights
- 2008‑built duplex with two 2‑bedroom, 2‑bath units, each with approx. 875 SF of living space
- Both units are currently leased to long‑term tenants on month‑to‑month leases
- Current rent is $1,115 per month per unit; market rent supports approx. $1,200–$1,250 per month or greater
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 | $24.2k | $13.80 |
| − Vacancy | −$1.3k | −$0.76 |
| EGI | $22.8k | $13.04 |
| − OpEx | −$6.8k | −$3.91 |
| NOI | $16.0k | $9.13 |
1,750 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$228.2K
$199.7K – $266.3K
NOI $15,975 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$209.4K
$183.2K – $244.3K
NOI $14,657 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$393.2K
$344.1K – $458.8K
NOI $27,525 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two occupied 2BR/2BA units with separately metered electric and water, supporting tenant-paid utilities and turnkey income.
Where is this duplex located?
The property is located at 9261 N Peachtree Way Citrus Springs, FL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2008‑built duplex with two 2‑bedroom, 2‑bath units, each with approx. 875 SF of living space; Both units are currently leased to long‑term tenants on month‑to‑month leases; Current rent is $1,115 per month per unit; market rent supports approx. $1,200–$1,250 per month or greater
