Residential Income Property with Two
1017 N THORTON Avenue Orlando, FL 32803
1017 N THORTON Avenue, Orlando, FL, 32803
$799,000
For Sale
$799,000
MULTI_FAMILY - ORLANDO, FL
Property Size2,710 SF
Lot Size0.21 Acres
Price / SF$294.83
Days on Market11
Property Features for 1017 N THORTON Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R-2A/T
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 3, Bathroom 3, Dining Room, Bathroom 2
- Parking features
- Driveway, Open
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo
- Exterior features
- Garden, Lighting, Rain Gutters, Sidewalk, Sprinkler Metered
- Fireplace
- 1
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 24-22-29-4468-06-010
- Size
- 2,710 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LAKE HIGHLAND HEIGHTS Q/131 LOT 1 BLK F
- Tax Annual Amount
- 11599
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1953
- Floors in Building
- 2
- Flooring type
- Wood, Vinyl, Tile
- Building materials
- Block, Concrete
- Roof type
- Shingle
Listing agency
KELLER WILLIAMS REALTY AT THE PARKS
(407) 629-4420
Listed by
Thomas Nickley, Jr · License #3275393
(407) 629-4420
Added: Jul 13 Updated: Jul 22 at 10:02PM Checked: Jul 23 at 3:06AM
MLS# O6425051
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.
1017 N Thornton Avenue presents a flexible one-story residential income property with six bedrooms and five bathrooms, offering generous space for residents, guests, or separate household needs. The home includes two kitchens, supporting extended stays, entertaining, or multi-generational living.
Outdoor space is highlighted by a front porch and an open patio for casual gatherings or outdoor dining. The property is located in Orlando’s 32803 area, with proximity to Downtown Orlando, Mills 50, Lake Eola, Ivanhoe Village, and a range of restaurants, shopping, parks, schools, and everyday conveniences.
Outdoor space is highlighted by a front porch and an open patio for casual gatherings or outdoor dining. The property is located in Orlando’s 32803 area, with proximity to Downtown Orlando, Mills 50, Lake Eola, Ivanhoe Village, and a range of restaurants, shopping, parks, schools, and everyday conveniences.
Key Highlights
- One‑story home with 6 bedrooms and 5 bathrooms
- Two kitchens plus living room/dining room combo
- Appliances included: dishwasher, microwave, range, refrigerator, washer, and dryer
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 | $58.5k | $21.60 |
| − Vacancy | −$3.6k | −$1.33 |
| EGI | $54.9k | $20.27 |
| − OpEx | −$16.5k | −$6.08 |
| NOI | $38.4k | $14.19 |
2,710 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$549.2K
$480.6K – $640.8K
NOI $38,447 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$501.7K
$439.0K – $585.3K
NOI $35,119 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$873.0K
$763.9K – $1.02M
NOI $61,109 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - One-story home with six bedrooms, five bathrooms, two kitchens, plus a front porch and open patio.
Where is this triplex located?
The property is located at 1017 N THORTON Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: One‑story home with 6 bedrooms and 5 bathrooms; Two kitchens plus living room/dining room combo; Appliances included: dishwasher, microwave, range, refrigerator, washer, and dryer
