Triplex with Three Independent
For Sale
$875,000
1829 HOLLENBECK Drive, Orlando, FL 32806
MULTI_FAMILY - ORLANDO, FL
Property Size2,496 SF
Lot Size0.16 Acres
Price / SF$350.56
Days on Market160
Property Features for 1829 HOLLENBECK Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R1
Pets allowed
Yes, Dogs OK, Cats OK
Interior features
Ceiling Fans(s), Thermostat
Exterior features
Courtyard
Fireplace
1
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision
JACOB A HOLLENBECKS SUB
Elementary school
Blankner Elem
Middle school
Blankner School (K-8)
High school
Boone High
Directions
Going north on Orange Avenue, TR on Kaley. TL at first street onto Hollenbeck Drive. Home will be on your right near the end of the road, prior to the curve.
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 Description
JACOB A HOLLENBECKS SUB G/12 LOT 4 BLK A
Tax Annual Amount
5988
Legal Description
JACOB A HOLLENBECKS SUB G/12 LOT 4 BLK A
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
3
Flooring type
Tile, Vinyl, Parquet Wood
Building materials
Stucco, Wood Siding
Roof type
Slate
Listing Agency:
LPT REALTY, LLC
(877) 366-2213
Listed By:
Andres Ospina Rivera · License #3293879
(321) 821-8446
Added: Feb 26
Changed: Aug 4
Last Checked: Aug 5 at 7:06PM
MLS# O6385872
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 triplex offers three separate, fully independent units, each with its own entrance. The property is arranged with 6 bedrooms and 3 bathrooms total, providing flexibility for rental income or multi-family living. The main house includes a comfortable living area and a fully equipped kitchen, while the remaining units are designed for comfort and privacy.
Interior and comfort features include central heating and central air, plus ceiling fans and a thermostat. The home includes a shared laundry area and a courtyard. Appliances include a dishwasher, dryer, microwave, range, refrigerator, and washer, and the property has an electric water heater. A fireplace is also present.
Built in 1930, the exterior is described as stucco with wood siding, with parquet wood, vinyl, and tile flooring. Utilities and services include electricity available, public water, and public sewer. Zoning is R1, and the property sits on a 0.16-acre lot. Roof material is slate.
Interior and comfort features include central heating and central air, plus ceiling fans and a thermostat. The home includes a shared laundry area and a courtyard. Appliances include a dishwasher, dryer, microwave, range, refrigerator, and washer, and the property has an electric water heater. A fireplace is also present.
Built in 1930, the exterior is described as stucco with wood siding, with parquet wood, vinyl, and tile flooring. Utilities and services include electricity available, public water, and public sewer. Zoning is R1, and the property sits on a 0.16-acre lot. Roof material is slate.
Key Highlights
- Three fully independent units, each with its own entrance
- 6 bedrooms and 3 bathrooms total
- 2,496 SF on a 0.16‑acre lot
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
NOI $35,411 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$462.1K
$404.3K – $539.1K
NOI $32,346 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$804.0K
$703.5K – $938.1K
NOI $56,283 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,254
Businesses Nearby
Explore this area
Business Placement
Demographics for 32806, FL
26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Triplex on an R1-zoned lot with three independent units, each with its own entrance and a shared laundry area.
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 fully independent units, each with its own entrance; 6 bedrooms and 3 bathrooms total; 2,496 SF on a 0.16‑acre lot
