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Renovated Triplex with Additional Unit
For Sale
$760,000

2008 PAGE Avenue, Orlando, FL 32806

Residential Income, ORLANDO, FL

Property Size1,934 SF
Lot Size0.25 Acres
Price / SF$392.97
Days on Market235

Property Features for 2008 PAGE Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R-3
Interior features Ceiling Fans(s)
Appliances Microwave, Range, Refrigerator
Subdivision CLOVER HEIGHTS
Elementary school Lake Como Elem
Middle school Conway Middle
Directions From Downtown Orlando take Orange Ave, left on Kaley Ave, right on Bumby Ave, right on Page Ave.
Standard status Active
APN 06-23-30-1420-02-111
Size 1,934 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description CLOVER HEIGHTS H/95 THE E 66.5 FT OF N 55 FT LOT 11 & E 66 1/2 FT OF LOT 12 BLKB
Tax Annual Amount 5531
Legal Description CLOVER HEIGHTS H/95 THE E 66.5 FT OF N 55 FT LOT 11 & E 66 1/2 FT OF LOT 12 BLKB

Utilities

Sewer type Septic Tank
Heating system Ductless (Heating), Central
Cooling system Central Air, Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1946
Floors in Building 1
Number of units 3
Flooring type Laminate, Tile - Ceramic, Vinyl
Building materials Frame
Roof type Shingle
Listing Agency: LPT REALTY, LLC
Listed By: Andres Ospina Rivera · License #3293879
Added: Feb 21 Changed: Oct 1 Last Checked: Oct 14 at 4:06PM
MLS# O6384585

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 1,934-square-foot triplex property was built in 1946 on a 0.25-acre lot and includes a five-bedroom, three-bathroom primary residence. The improvements feature upgraded appliances, sleek countertops, ceramic tile, laminate, and vinyl flooring, along with a kitchen offering dedicated storage. A rear in-law suite or additional unit has its own entrance, providing a distinct secondary space within the property.

The property is located in Orlando, Florida, near downtown Orlando, with access to major highways, shopping, dining, and local attractions. It is zoned R-3 and served by public water and a septic tank. Construction is frame with a shingle roof, and heating and cooling include central systems along with ductless, wall, and window units.

Key Highlights

  • 1934 square feet on a 0.25‑acre lot
  • Zoned R‑3 for residential use
  • Five‑bedroom, three‑bathroom primary residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,438
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,760 $548.8K
Cap Rate 7%
$391,971 $392.0K
Cap Rate 9%
$304,867 $304.9K
Market Conditions
NOI Build-Up for 1,934 SF
Gross rent
$41.8K $21.60/SF
− Vacancy
−$2.6K −$1.33/SF
EGI
$39.2K $20.27/SF
− OpEx
−$11.8K −$6.08/SF
NOI
$27.4K $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%
$548,760
Cap Rate 7%
$391,971
Cap Rate 9%
$304,867

Alternative Uses

Best Use
Multifamily LT 5
$392.0K
$343.0K – $457.3K (±1% cap)
NOI $27,438 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$358.0K
$313.3K – $417.7K (±1% cap)
NOI $25,063 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$623.0K
$545.1K – $726.9K (±1% cap)
NOI $43,611 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Bakery Electrical Service Carpet & Flooring Store Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Updated residential property with a separate-entry in-law suite, modern kitchen finishes, and central heating and cooling.
Where is this triplex located?
The property is located at 2008 PAGE Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 1934 square feet on a 0.25‑acre lot; Zoned R‑3 for residential use; Five‑bedroom, three‑bathroom primary residence
More about this property
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