Triplex With Independent
For Sale
$860,000
1829 HOLLENBECK, Orlando, FL 32806
Three separate residences include shared laundry and parking for occupants.
Property Size2,496 SF
Days on Market49
Property Features for 1829 HOLLENBECK
General Information
Standard status
Active
Size
2,496 SF
Property subtype
Investment
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,988
Amenities
shared laundry area
Building Details
Building Size
2,496 SF
Year Built
1930
Buildings
1
Units
3
Listing Agency:
LPT REALTY, LLC
Listed By:
Andres Ospina Rivera · License #3293879
(321) 821-8446
Source:
Elliman
Added: Aug 28
Changed: Oct 6
Last Checked: Oct 14 at 11:21PM
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 LPT REALTY, LLC
Investment Insights
Based on property information with market context.
This triplex contains 6 bedrooms and 3 bathrooms arranged across three independent units. Each residence has its own entrance, providing physical separation between occupants. The property includes a living area and kitchen within the main residence, along with a shared laundry area and parking. Built in 1930, the home is located at 1829 Hollenbeck in Orlando, Florida 32806. Walk Score is 61, Bike Score is 47, and Transit Score is 23, reflecting somewhat walkable and somewhat bikeable conditions with minimal transit access.
Key Highlights
- Three independent units with separate entrances
- 6 bedrooms and 3 bathrooms overall
- Shared laundry area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,411
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,220
$708.2K
Cap Rate 7%
$505,871
$505.9K
Cap Rate 9%
$393,456
$393.5K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$53.9K $21.60/SF
− Vacancy
−$3.3K −$1.33/SF
EGI
$50.6K $20.27/SF
− OpEx
−$15.2K −$6.08/SF
NOI
$35.4K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,220
Cap Rate 7%
$505,871
Cap Rate 9%
$393,456
Alternative Uses
Best Use
Multifamily LT 5
$505.9K
$442.6K – $590.2K
NOI $35,411 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$462.1K
$404.3K – $539.1K
NOI $32,346 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$804.0K
$703.5K – $938.1K
NOI $56,283 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,100
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences include shared laundry and parking for occupants.
Where is this triplex located?
The property is located at 1829 HOLLENBECK Orlando, FL.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Three independent units with separate entrances; 6 bedrooms and 3 bathrooms overall; Shared laundry area
