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Two-Unit Concrete Duplex
For Sale
$490,000

2025 DUNBAR ST, Bartow, FL 33830

MULTI_FAMILY - BARTOW, FL

Property Size2,666 SF
Lot Size0.27 Acres
Price / SF$183.80
Days on Market161

Property Features for 2025 DUNBAR ST

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning 0851 /R
Bathrooms 808
Rooms Dining Room
Parking features Driveway
Interior features Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
Exterior features Garden, Private Entrance, Private Mailbox
Subdivision ORANGE HEIGHTS
Elementary school Bartow Elem Academy
Middle school Union Academy Magnet
High school Bartow High
Directions Head west toward Hwy 17 S/6th St NW, Turn left onto Hwy 17 S/6th St NW, Turn left onto Magnolia St, Turn right onto S McCann Ave,Turn left at the 1st cross street onto Dunbar St
Standard status Active
APN 25-30-09-426500-004060
Size 2,666 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORANGE HEIGHTS PB 21 PG 6 BLK 4 LOTS 6 & 7
Tax Annual Amount 5962
Legal Description ORANGE HEIGHTS PB 21 PG 6 BLK 4 LOTS 6 & 7

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2023
Number of units 2
Building materials Block, Concrete, Stucco
Roof type Shingle
Listing Agency: LA ROSA REALTY LLC
Listed By: Hugo Chirinos · License #3451897
Added: Mar 9 Changed: Aug 14 Last Checked: Aug 16 at 12:06PM
MLS# O6389267

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 two-unit duplex provides approximately 2,666 square feet across six bedrooms and four bathrooms. The property includes concrete and block construction with a stucco exterior, open living and dining areas, walk-in closets, solid-surface counters, and primary bedrooms on the main floor. Each residence has stainless steel appliances, including a washer and dryer. Central air, electric heating, shingle roofing, public water, and public sewer are also in place.

One unit is leased, while the second can be leased or occupied by an owner. The property sits on a 0.27-acre lot at 2025 Dunbar St in Bartow’s Orange Heights area, within Polk County. Nearby schools, local services, and major roadways provide access to Lakeland and other Central Florida communities. Zoning is listed as 0851 /R.

Key Highlights

  • Duplex with two units totaling 2,666 square feet
  • Six bedrooms and four bathrooms across the property
  • One unit is currently leased; the second may be leased or owner‑occupied

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
$28,267
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
5.77%
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%
$565,340 $565.3K
Cap Rate 7%
$403,814 $403.8K
Cap Rate 9%
$314,078 $314.1K
Market Conditions
NOI Build-Up for 2,666 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
$43.2K $16.20/SF
− Vacancy
−$2.8K −$1.05/SF
EGI
$40.4K $15.15/SF
− OpEx
−$12.1K −$4.54/SF
NOI
$28.3K $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%
$565,340
Cap Rate 7%
$403,814
Cap Rate 9%
$314,078

Alternative Uses

Best Use
Multifamily LT 5
$403.8K
$353.3K – $471.1K (±1% cap)
NOI $28,267 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$360.7K
$315.7K – $420.9K (±1% cap)
NOI $25,252 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$640.7K
$560.6K – $747.4K (±1% cap)
NOI $44,846 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Nail Salon Hair Salon Spa & Massage Center Skin Care Clinic Pharmacy

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby

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

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

What type of property is this?
Duplex - Two residences feature six bedrooms, four bathrooms, and one currently leased unit.
Where is this duplex located?
The property is located at 2025 DUNBAR ST Bartow, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Duplex with two units totaling 2,666 square feet; Six bedrooms and four bathrooms across the property; One unit is currently leased; the second may be leased or owner‑occupied
More about this property
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