Newer Duplex with Two 3-Bedroom
New
For Sale
$499,900
1810 DUNBAR STREET, Bartow, FL 33830
Two finished residences feature high ceilings, granite kitchens, stainless steel appliances, and hard-surface flooring throughout.
Property Size2,446 SF
Price / SF$204.37
Days on Market4
Property Features for 1810 DUNBAR STREET
General Information
Standard status
Active
Size
2,446 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
high ceilings
granite countertops
stainless steel appliances
hard-surface flooring
0.32 acres, In County, Paved
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 25-30-09-426500-002050, Public Survey Range: 25, Public Survey Section: 09, Annual Amount: $4,863.85, Tax Block: 2, Tax Book Number: 21-6, Legal Description: ORANGE HEIGHTS PB 21 PG 6 BLK 2 LOTS 5 & 6, Lot: 5, Year: 2025, Zoning: R-2
Ceramic Tile
Central Air
Central
Inside
Listing ID: MFRO6430840, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-08-06, 1 day on market, Special Conditions: None
6 total bedrooms
Built in 2024, Living area: 2446, Living area units: Square Feet, Levels: One, Construction Materials: Stucco
Subdivision: ORANGE HEIGHTS, MLS Area (Major): 33830 - Bartow, County/Parish: Polk
Completed
4 total bathrooms
Electricity Connected, Public, Sewer Connected, Water Connected, Water Source: Public
Slab
Close Of Escrow
Allowed: Yes
Road Surface: Asphalt, Paved
Private Mailbox, Sliding Doors
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s)
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Building Details
Year Built
2024
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Veronica Figueroa · License #3012144
Source:
Miharaandassociates
Added: Aug 6
Changed: Aug 9
Last Checked: Aug 9 at 5:32AM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
Built in 2024, this 2,446-square-foot duplex contains two separate residences with a combined six bedrooms and four bathrooms. Each unit offers three bedrooms, two bathrooms, high ceilings, an open layout, granite countertops, stainless steel appliances, durable hard-surface flooring, and contemporary finishes. Both residences are ready for occupancy.
The property is positioned near shopping, restaurants, and major roadways, providing access to everyday services and commuter routes. Its two-unit configuration supports leasing both residences or occupying one while renting the other.
The property is positioned near shopping, restaurants, and major roadways, providing access to everyday services and commuter routes. Its two-unit configuration supports leasing both residences or occupying one while renting the other.
Key Highlights
- Two‑unit duplex built in 2024
- 2,446 SF property with 6 bedrooms and 4 bathrooms
- Each residence includes 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,935
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,700
$518.7K
Cap Rate 7%
$370,500
$370.5K
Cap Rate 9%
$288,167
$288.2K
Market Conditions
NOI Build-Up for 2,446 SF
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.
Gross rent
$39.6K $16.20/SF
− Vacancy
−$2.6K −$1.05/SF
EGI
$37.0K $15.15/SF
− OpEx
−$11.1K −$4.54/SF
NOI
$25.9K $10.60/SF
Area
Polk County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,700
Cap Rate 7%
$370,500
Cap Rate 9%
$288,167
Alternative Uses
Best Use
Multifamily LT 5
$370.5K
$324.2K – $432.3K
NOI $25,935 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$331.0K
$289.6K – $386.1K
NOI $23,168 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$587.8K
$514.3K – $685.8K
NOI $41,146 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
Demographics for 33830, FL
29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two finished residences feature high ceilings, granite kitchens, stainless steel appliances, and hard-surface flooring throughout.
Where is this duplex located?
The property is located at 1810 DUNBAR STREET Bartow, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑unit duplex built in 2024; 2,446 SF property with 6 bedrooms and 4 bathrooms; Each residence includes 3 bedrooms and 2 bathrooms
