Two-Unit Rental Duplex
1431 19TH Street Orlando, FL 32805
For Sale
$489,900
Fully updated two-bedroom, two-bath duplex with new appliances, covered porch, and single-car garages for each unit.
Property Size2,060 SF
Price / SF$237.82
Days on Market66
Property Features for 1431 19TH Street
General Information
- Standard status
- Active
- Size
- 2,060 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2003
Listing Agency:
FLAT FEE MLS REALTY
(813) 642-6030
Listed By:
Stephen Hachey · License #261545422
Source:
Realtygroupfl
Added: May 19
Changed: Jul 22
Last Checked: Jul 23 at 8:15AM
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 FLAT FEE MLS REALTY
Investment Insights
Based on property information with market context.
This fully undated rental duplex features two bedrooms and two bathrooms in each unit, with a good-sized kitchen, separate dining area, interior laundry room, and a large, bright living room with a covered porch. Improvements include professional interior and exterior painting, full ceramic tile floors, and new vinyl plank flooring in two bedrooms. Each unit also has a large single-car garage accessible from the interior for parking or storage.
The property is situated on an oversized lot with potential for subdivision in the future. Recent work includes fully serviced air conditioning, new water heaters, and a new architectural shingle roof to be installed on closing, with the buyer able to choose the roof color at no extra cost.
Leasing is in place with Lease 1 running 04/01/2026 through 03/31/2027 and Lease 2 running 08/01/2026 through 07/31/2027.
The property is situated on an oversized lot with potential for subdivision in the future. Recent work includes fully serviced air conditioning, new water heaters, and a new architectural shingle roof to be installed on closing, with the buyer able to choose the roof color at no extra cost.
Leasing is in place with Lease 1 running 04/01/2026 through 03/31/2027 and Lease 2 running 08/01/2026 through 07/31/2027.
Key Highlights
- Year built 2003 fully updated two‑unit duplex with 2 bed/2 bath units
- Each unit includes a good‑sized kitchen with new appliances, separate dining area, and interior laundry room
- Interior upgrades include full ceramic tile floors; 2 bedrooms have new vinyl plank flooring
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 | $44.5k | $21.60 |
| − Vacancy | −$2.7k | −$1.33 |
| EGI | $41.8k | $20.27 |
| − OpEx | −$12.5k | −$6.08 |
| NOI | $29.2k | $14.19 |
2,060 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$417.5K
$365.3K – $487.1K
NOI $29,225 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$381.4K
$333.7K – $444.9K
NOI $26,696 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$663.6K
$580.7K – $774.2K
NOI $46,452 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully updated two-bedroom, two-bath duplex with new appliances, covered porch, and single-car garages for each unit.
Where is this duplex located?
The property is located at 1431 19TH Street Orlando, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Year built 2003 fully updated two‑unit duplex with 2 bed/2 bath units; Each unit includes a good‑sized kitchen with new appliances, separate dining area, and interior laundry room; Interior upgrades include full ceramic tile floors; 2 bedrooms have new vinyl plank flooring
