Occupied Duplex Income
1619 S HIGH Street Deland, FL 32720
New
For Sale
$349,000
MULTI_FAMILY - DELAND, FL
Property Size1,664 SF
Lot Size0.30 Acres
Price / SF$209.74
Days on Market1
Property Features for 1619 S HIGH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- 01R6
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
- Parking features
- Driveway
- Window features
- Skylight(s)
- Interior features
- Cathedral Ceiling(s)
- Standard status
- Active
- APN
- 7020-15-04-0060
- Size
- 1,664 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 20-17-30 N 100 FT OF THE W 153.68 FT EXC W 25 FT BLK 4 EDGEWOOD HEIGHTS SUB MB 8 PG 2 PER OR 4499 PG 3992 PER OR 4499 PG 4002
- Tax Annual Amount
- 4619
Utilities
- Sewer type
- Aerobic Septic
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1988
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
SAND DOLLAR REALTY GROUP INC
(407) 389-7318
Listed By:
Jim Kepple, Jr · License #680385
(704) 778-8101
Added: Jul 26
Last Checked: Jul 26 at 7:06PM
MLS# O6428255
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 occupied duplex offers two residential units with functional, comfortable living space. Major system updates are already in place, including a roof replacement completed in 2022 and a new septic system installed in 2026. The property is currently tenant-occupied.
Located in DeLand, Volusia County, the duplex provides convenient access to the Orlando and Daytona Beach areas, with DeLand’s downtown noted in the listing remarks.
With both units currently generating rental income, this duplex presents a turn-key configuration for an investor seeking occupied cash flow and reduced near-term capital concerns based on the updates provided.
Located in DeLand, Volusia County, the duplex provides convenient access to the Orlando and Daytona Beach areas, with DeLand’s downtown noted in the listing remarks.
With both units currently generating rental income, this duplex presents a turn-key configuration for an investor seeking occupied cash flow and reduced near-term capital concerns based on the updates provided.
Key Highlights
- Occupied duplex in DeLand, FL with paying tenants
- Roof replaced in 2022
- New septic system installed in 2026; sewer via aerobic septic
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 | $23.2k | $13.92 |
| − Vacancy | −$2.3k | −$1.39 |
| EGI | $20.9k | $12.53 |
| − OpEx | −$6.3k | −$3.76 |
| NOI | $14.6k | $8.77 |
1,664 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$208.5K
$182.5K – $243.3K
NOI $14,597 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$181.1K
$158.5K – $211.3K
NOI $12,680 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$490.6K
$429.3K – $572.4K
NOI $34,345 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex is currently occupied by paying tenants, with a roof replaced in 2022 and a new septic system installed in 2026.
Where is this duplex located?
The property is located at 1619 S HIGH Street Deland, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Occupied duplex in DeLand, FL with paying tenants; Roof replaced in 2022; New septic system installed in 2026; sewer via aerobic septic
