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Income-Producing Duplex with Garages

1402 & 1404 PLEASANT OAK Lane Orlando, FL 32804

1402 & 1404 PLEASANT OAK Lane, Orlando, FL, 32804
$535,000
For Sale
Under Contract
$535,000

MULTI_FAMILY - ORLANDO, FL

Property Size2,113 SF
Lot Size0.25 Acres
Price / SF$253.19
Days on Market21

Property Features for 1402 & 1404 PLEASANT OAK Lane

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3
Parking features
On Street, Driveway
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, Thermostat
Exterior features
Fence, Sidewalk
Fencing
Fenced
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Standard status
Active Under Contract
APN
03-22-29-8810-00-350
Size
2,113 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
TWIN OAKS 12/23 LOT 35
Tax Annual Amount
6339

Utilities

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

Building Details

Year built
1983
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Block, Stucco
Roof type
Shingle
Listing agency ONE OAK REALTY CORP
Listed by Neil Payne
Added: Jul 3 Updated: Jul 21 at 2:52PM Checked: Jul 23 at 2:06AM
MLS# O6422684

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-producing duplex includes two separate units on a single site, each with a 2-bedroom, 2-bathroom layout. Both sides offer an attached single-car garage and screened-in patios that open to fully fenced, private backyards.

The property is located in Orlando, Florida, within R-2 zoning. The site sits on 0.25 acres, with an address listed as 1402 & 1404 Pleasant Oak Lane in the 32804 College Park area.

With a reported total size of 2,113 square feet, the duplex provides a matching configuration on both sides, designed to support privacy between residents and independent use of outdoor space.

Key Highlights

  • Income‑producing duplex built in 1983 with two 2‑bedroom, 2‑bathroom units
  • Each side features over 1,050 sq ft of living space and includes an attached single‑car garage
  • Screened‑in patios lead to fully fenced, private backyards

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 $45.6k $21.60
− Vacancy −$2.8k −$1.33
EGI $42.8k $20.27
− OpEx −$12.8k −$6.08
NOI $30.0k $14.19
2,113 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$428.2K
$374.7K – $499.6K (±1% cap)
NOI $29,977 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$391.2K
$342.3K – $456.4K (±1% cap)
NOI $27,383 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$680.7K
$595.6K – $794.1K (±1% cap)
NOI $47,647 @ 7.0% cap · market cap 8.91%
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

Bakery Parking Lot & Garage Plumbing Service Dental Office Pharmacy Veterinary Clinic (Bike/Boat/Book/etc) Store Skin Care Clinic Electrical Service Catering Service

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

FAQs

What type of property is this?
Duplex - Duplex in R-2 zoning featuring two attached single-car garages and screened patios leading to fenced backyards.
Where is this duplex located?
The property is located at 1402 & 1404 PLEASANT OAK Lane Orlando, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Income‑producing duplex built in 1983 with two 2‑bedroom, 2‑bathroom units; Each side features over 1,050 sq ft of living space and includes an attached single‑car garage; Screened‑in patios lead to fully fenced, private backyards
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