Duplex with Detached
New
For Sale
$350,000
1307 W KALEY AVENUE, Orlando, FL 32805
Two separate residential units occupy the main house, with an additional detached structure offering potential for conversion.
Property Size1,650 SF
Price / SF$212.12
Days on Market6
Property Features for 1307 W KALEY AVENUE
General Information
Standard status
Active
Size
1,650 SF
Property subtype
Triplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1940
Buildings
2
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Claire Sims, LLC · License #3413803
(203) 767-8109
Source:
Endlesssummerrealty
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT REALTY, LLC
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Investment Insights
Based on property information with market context.
The 1,650-square-foot property was built in 1940 and contains two residential units within the main house. The front unit has three bedrooms and two bathrooms; the rear apartment has one bedroom and one bathroom. Both are described as updated. A detached garage with an addition provides another structure on the lot, and a separate water meter is already in place at that building. The structure could be converted into a third rental unit, subject to completing the required work and approvals.
Located at 1307 W Kaley Avenue in Orlando, the property combines existing two-unit housing with a separate building that may support additional residential use.
Located at 1307 W Kaley Avenue in Orlando, the property combines existing two-unit housing with a separate building that may support additional residential use.
Key Highlights
- Two units in the main house: a 3‑bedroom, 2‑bathroom front unit and a 1‑bedroom, 1‑bathroom rear apartment
- 1,650 square feet; built in 1940
- Detached garage structure with an addition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,409
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,180
$468.2K
Cap Rate 7%
$334,414
$334.4K
Cap Rate 9%
$260,100
$260.1K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$35.6K $21.60/SF
− Vacancy
−$2.2K −$1.33/SF
EGI
$33.4K $20.27/SF
− OpEx
−$10.0K −$6.08/SF
NOI
$23.4K $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 Rate 5%
$468,180
Cap Rate 7%
$334,414
Cap Rate 9%
$260,100
Alternative Uses
Best Use
Multifamily LT 5
$334.4K
$292.6K – $390.2K
NOI $23,409 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$305.5K
$267.3K – $356.4K
NOI $21,383 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$531.5K
$465.1K – $620.1K
NOI $37,207 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residential units occupy the main house, with an additional detached structure offering potential for conversion.
Where is this duplex located?
The property is located at 1307 W KALEY AVENUE Orlando, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two units in the main house: a 3‑bedroom, 2‑bathroom front unit and a 1‑bedroom, 1‑bathroom rear apartment; 1,650 square feet; built in 1940; Detached garage structure with an addition
