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Orlando Triplex: Investment or Multi-Family

1829 HOLLENBECK DRIVE Orlando, FL 32806

1829 HOLLENBECK DRIVE, Orlando, FL, 32806
$875,000
For Sale
Claim this Listing
$875,000

Triplex - ORLANDO, FL

Property Size2,496 SF
Lot Size0.16 Acres
Price / SF$350.56
AddedFeb 26
Days on Market139
Last RefreshJul 15 at 10:06 am

Property Features for 1829 HOLLENBECK DRIVE

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R1
Pets allowed
Cats OK, Dogs OK, Yes
Interior features
Ceiling Fans(s), Thermostat
Exterior features
Courtyard
Fireplace
1
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
01-23-29-3688-01-040
Size
2,496 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
5988

Utilities

Heating system
Central, Fireplace(s)
Cooling system
Central Air

Building Details

Year built
1930
Number of units
3
Flooring type
Parquet Wood, Tile, Vinyl
Building materials
Stucco, Wood Siding
Roof type
Slate
Architectural style
Other

Listing agent Andres Ospina Rivera License #3293879

Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

Listing date Feb 26, 2026

MLS# O6385872 Listing URL

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 property in Orlando, Florida, features 6 bedrooms and 3 bathrooms configured as a triplex, with three independent units each having its own entrance. The property is suitable for investment or multi-family living. The main house includes well-sized bedrooms, a comfortable living area, and a fully equipped kitchen. Each of the three units is designed for comfort and privacy, making it ideal for rental income or accommodating a large family. The property is located in a central area with easy access to major amenities, shopping, dining, and transportation. It also offers plenty of parking space and a shared laundry area. The property size is 2496 square feet, situated on a 0.16-acre lot. The zoning is R1. Seller financing is available. The property is located at 1829 HOLLENBECK DRIVE, ORLANDO, FL 32806.

Key Highlights

  • Three Independent Units: Ideal for rental income or multi‑family living.
  • Six Bedrooms and Three Bathrooms: Provides ample space for large families or tenants.
  • Central Location: Easy access to amenities, shopping, dining, and transportation.

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 $53.9k $21.60
− Vacancy −$3.3k −$1.33
EGI $50.6k $20.27
− OpEx −$15.2k −$6.08
NOI $35.4k $14.19
2,496 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$505.9K
$442.6K – $590.2K (±1% cap)
NOI $35,411 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$462.1K
$404.3K – $539.1K (±1% cap)
NOI $32,346 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$804.0K
$703.5K – $938.1K (±1% cap)
NOI $56,283 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Spacious triplex with independent units, ideal for investment or living.
Where is this triplex located?
The property is located at 1829 HOLLENBECK DRIVE Orlando, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Three Independent Units: Ideal for rental income or multi‑family living.; Six Bedrooms and Three Bathrooms: Provides ample space for large families or tenants.; Central Location: Easy access to amenities, shopping, dining, and transportation.
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More about this property
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