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Move-In Ready Duplex with Private Yards

106 N KENTUCKY Avenue Deland, FL 32724

106 N KENTUCKY Avenue, Deland, FL, 32724
$375,000
For Sale
Under Contract
$375,000

MULTI_FAMILY - DELAND, FL

Property Size2,199 SF
Lot Size0.19 Acres
Price / SF$170.53
Days on Market37

Property Features for 106 N KENTUCKY Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
05C1
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Laundry Room
Parking features
Boat, Off Street, Driveway, Open, Oversize, Covered, Golf Cart, On Street
Window features
Blinds, Window Treatments
Patio and Porch features
Porch, Patio
Pets allowed
Yes
Interior features
Built-in Features, Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
Exterior features
Fence, Lighting, Private Mailbox, Private Yard, Storage
Fencing
Fenced
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Standard status
Active Under Contract
APN
7009-01-95-0050
Size
2,199 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
N 105.6 FT OF W 80 FT OF E 100 FT OF S 1/2 BLK 133 DELAND MB 2 PG 45 PER OR 3377 PG 1520 PER OR 6934 PG 2124 PER OR 6975 PGS 1006-1008 INC PER OR 8568 PG 1599
Tax Annual Amount
1666

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1963
Floors in Building
1
Flooring type
Carpet, Tile, Vinyl
Building materials
Block, Brick
Roof type
Shingle
Additional Structures
Storage
Listing agency CREEGAN GROUP
Listed by Chris Creegan · License #3168853
Added: Jun 16 Updated: Jul 20 at 9:53PM Checked: Jul 22 at 4:06AM
MLS# O6417145

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.

Welcome to 106 N Kentucky Avenue, a move-in ready whole duplex in DeLand featuring two completely separate living spaces. Each unit has its own private entrance, a full kitchen, and a laundry area, along with a private fenced outdoor space. The main unit is a 3-bedroom, 2-bathroom single-story home with updated luxury vinyl plank flooring, fresh interior paint, a full kitchen, an inside laundry room, and a private yard. The second unit is a 2-bedroom, 1-bathroom residence that is currently vacant and move-in ready with fresh paint, wood-look porcelain tile flooring, a full kitchen, and a private laundry/storage area.

The property is constructed with block and brick and is served by city water and city sewer, with no HOA. Key system updates include a 2018 roof, two 2023 air conditioning systems, and a water heater replacement in 2017. Parking includes three covered spaces for the 3-bedroom unit plus additional driveway parking, and the 2-bedroom side has a screened porch/carport-style area that could potentially be converted back to covered parking.

Located less than one mile from Stetson University and less than one mile from historic Downtown DeLand, the duplex offers flexibility for owner-occupants or investors seeking rental income alongside independent unit layouts.

Key Highlights

  • Duplex with 5 bedrooms, 3 bathrooms and 2,199 heated SF across two separate living spaces
  • Each unit has its own private entrance, full kitchen, laundry area, and private fenced outdoor space
  • Located less than 1 mile from Stetson University and less than 1 mile from historic Downtown DeLand

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 $30.6k $13.92
− Vacancy −$3.1k −$1.39
EGI $27.6k $12.53
− OpEx −$8.3k −$3.76
NOI $19.3k $8.77
2,199 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$275.6K
$241.1K – $321.5K (±1% cap)
NOI $19,291 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$239.4K
$209.5K – $279.3K (±1% cap)
NOI $16,756 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$648.4K
$567.3K – $756.5K (±1% cap)
NOI $45,387 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Whole duplex offers two separate residences with private entrances, full kitchens, laundry areas, and fenced outdoor space.
Where is this duplex located?
The property is located at 106 N KENTUCKY Avenue Deland, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex with 5 bedrooms, 3 bathrooms and 2,199 heated SF across two separate living spaces; Each unit has its own private entrance, full kitchen, laundry area, and private fenced outdoor space; Located less than 1 mile from Stetson University and less than 1 mile from historic Downtown DeLand
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