4-Unit Duplex
New
For Sale
$579,000
1510 Melady Avenue, Sebring, FL 33870
Multi-Unit Investment, Single Story, Sebring, FL
Property SizeContact for details
Lot Size0.49 Acres
Days on Market4
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Property Features for 1510 Melady Avenue
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
R2
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 8, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 4
Parking features
Driveway
Interior features
Blinds, Ceiling Fans
Appliances
Dryer, Microwave, Refrigerator(s), Stove(s) / Range(s) Oven(s), Washer, Wtr Heater-Electric
Directions
US Hwy 27 and Lakeview Drive. Turn left on Lakeview Drive, turn right on Kenilworth. Turn right on Melady Ave. Both duplexes will be on your left.
Standard status
Active
APN
S-33-34-29-020-00C0-0030
Lot size
0.49 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ALTAMONT PLACE ADD PB 1-PG 72 LOT 3 + S 1/2 LOT 2 BLK C
Tax Annual Amount
7299
Legal Description
ALTAMONT PLACE ADD PB 1-PG 72 LOT 3 + S 1/2 LOT 2 BLK C
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Amenities
storage shed
Building Details
Year built
1980
Floors in Building
1
Flooring type
Tile
Building materials
Concrete Block
Roof type
Shingle, Metal
Architectural style
Other
Listing Agency:
RE/MAX REALTY PLUS · RE/MAX International
(863) 385-0077
Listed By:
Eric Rhoades · License #SL3409582
(863) 381-1096
Added: Oct 12
Last Checked: Oct 15 at 6:06PM
MLS# 328629
Copyright © 2026 Heartland Multiple Listing Service, Inc. 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 Sebring offering combines two duplexes for a total of four occupied rental units. Each residence has two bedrooms and one bathroom. The properties were built in 1980 and have central electric heating and air conditioning, tile floors, and concrete-block construction. An 8.4% cap rate is reported for the package.
The properties are served by public sewer and city water and are zoned R2. The 0.49-acre parcel includes a storage shed at 1510 Melady Avenue. The sale includes 1510 Melady Avenue and 4105 E Josephine Street in Sebring.
The properties are served by public sewer and city water and are zoned R2. The 0.49-acre parcel includes a storage shed at 1510 Melady Avenue. The sale includes 1510 Melady Avenue and 4105 E Josephine Street in Sebring.
Key Highlights
- Two duplexes combine for four occupied rental units
- Each unit has 2 bedrooms and 1 bathroom
- Reported 8.4% cap rate
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 33870, FL
24,238
Population
13,933
Households
1.7
Avg Household Size
51
Median Age
18%
College-Educated
84%
High-School Grad
95.3 sq mi
ZIP Area
254
Density / Sq Mi
$50,606
Median Household Income
$28,475
Median Earnings
$977
Median Rent
$154,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - All four rental residences are occupied and arranged as two-bedroom, one-bathroom units.
Where is this duplex located?
The property is located at 1510 Melady Avenue Sebring, FL.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Two duplexes combine for four occupied rental units; Each unit has 2 bedrooms and 1 bathroom; Reported 8.4% cap rate
