Income Duplex with Two
1113 S LEE Avenue Orlando, FL 32805
1113 S LEE Avenue, Orlando, FL, 32805
$249,000
For Sale
$249,000
MULTI_FAMILY - ORLANDO, FL
Property Size1,438 SF
Lot Size0.20 Acres
Price / SF$173.16
Days on Market27
Property Features for 1113 S LEE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R2A/T
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
- Interior features
- Open Floorplan
- Exterior features
- Outbuildings
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 35-22-29-6780-02-160
- Size
- 1,438 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PECAN PLACE J/15 LOT 16 BLK B
- Tax Annual Amount
- 3348
Utilities
- Sewer type
- Septic Tank
- Heating system
- Ductless (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Private
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Terrazzo
- Building materials
- Block
- Roof type
- Built-Up
- Additional Structures
- Outbuilding
Listing agency
MAINFRAME REAL ESTATE
(407) 513-4257
Listed by
Rob Gaudreau · License #3056853
(407) 579-2737
Added: Jun 25 Updated: Jul 20 at 9:53PM Checked: Jul 21 at 5:06PM
MLS# O6417779
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 income duplex offers two separately metered residential units, consisting of a 2-bedroom, 1-bath front unit and a 1-bedroom, 1-bath rear unit. The property has durable terrazzo flooring and includes a detached laundry room with washer and dryer hookups. Parking is provided by a two-car carport, and the roof was replaced approximately five years ago.
Located in Orlando near Downtown and major highways, the property is also described as close to shopping, dining, schools, public transportation, and employment centers. The duplex is currently occupied by long-term tenants, providing immediate rental income for the next owner.
With no HOA noted in the remarks and a solid block construction type, the property is positioned for an owner seeking income-producing value with the opportunity for cosmetic updates.
Located in Orlando near Downtown and major highways, the property is also described as close to shopping, dining, schools, public transportation, and employment centers. The duplex is currently occupied by long-term tenants, providing immediate rental income for the next owner.
With no HOA noted in the remarks and a solid block construction type, the property is positioned for an owner seeking income-producing value with the opportunity for cosmetic updates.
Key Highlights
- Duplex with two separately metered units: front 2‑bedroom/1‑bath and rear 1‑bedroom/1‑bath
- Currently occupied by long‑term tenants for immediate rental income
- Solid block construction with terrazzo flooring and an open floor plan
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 | $31.1k | $21.60 |
| − Vacancy | −$1.9k | −$1.33 |
| EGI | $29.1k | $20.27 |
| − OpEx | −$8.7k | −$6.08 |
| NOI | $20.4k | $14.19 |
1,438 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$291.4K
$255.0K – $340.0K
NOI $20,401 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$266.2K
$232.9K – $310.6K
NOI $18,635 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$463.2K
$405.3K – $540.4K
NOI $32,426 @ 7.0% cap · market cap 13.02%
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 separately metered units offer a 2/1 front and 1/1 rear layout, occupied by long-term tenants.
Where is this duplex located?
The property is located at 1113 S LEE Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Duplex with two separately metered units: front 2‑bedroom/1‑bath and rear 1‑bedroom/1‑bath; Currently occupied by long‑term tenants for immediate rental income; Solid block construction with terrazzo flooring and an open floor plan
