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Orlando Duplex with Fenced Yard
For Sale
$270,000

210 ALSTON DRIVE, Orlando, FL 32835

Charming Orlando duplex featuring upgrades, a screened porch, and fenced yard.

Property Size1,007 SF
Lot Size0.13 Acres
Days on Market173

Property Features for 210 ALSTON DRIVE

General Information

Standard status Active
Size 1,007 SF
Lot size 0.13 Acres
Property subtype Duplex

Amenities

Cable Ready
Central Air
Central
Dishwasher
Disposal
Electric Water Heater
Range
Refrigerator
Washer
Patio, Porch, Cable Connected, Water Connected, Shingle

Building Details

Building Size 1,007 SF
Year Built 1987
Listing Agency: Celebration
Listed By: Jackie Voigt · License #SL3305203
Source: Kw
Added: Mar 1 Changed: Aug 20 Last Checked: Aug 20 at 7:23PM

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 Celebration

Investment Insights

Based on property information with market context.

This half duplex in Orlando features hard surface floors throughout, ensuring easy cleaning, and abundant natural light from numerous windows and sliding glass doors. The layout includes a large great room and a galley kitchen equipped with stylish upgrades and a dinette facing the front of the home. The two bedrooms are separated by a hallway for added privacy. The primary bedroom includes an en suite bathroom and a large walk-in closet. The second bedroom and bathroom are designed for comfort and style. A private, covered, screened-in back porch overlooks a vinyl, fully fenced backyard. An elongated driveway provides ample parking space, complementing the one-car garage that can also be used for storage. Located in a community with no HOA, this property offers reduced monthly fees. The property is located in the heart of Orlando.

Key Highlights

  • No HOA fees, resulting in lower monthly costs.
  • Enjoy the private, covered, and screened‑in back porch with a vinyl‑fenced backyard.
  • Hard surface floors throughout the home for easy cleaning.

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
$14,286
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
5.29%
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%
$285,720 $285.7K
Cap Rate 7%
$204,086 $204.1K
Cap Rate 9%
$158,733 $158.7K
Market Conditions
NOI Build-Up for 1,007 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
$21.8K $21.60/SF
− Vacancy
−$1.3K −$1.33/SF
EGI
$20.4K $20.27/SF
− OpEx
−$6.1K −$6.08/SF
NOI
$14.3K $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 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%
$285,720
Cap Rate 7%
$204,086
Cap Rate 9%
$158,733

Alternative Uses

Best Use
Multifamily LT 5
$204.1K
$178.6K – $238.1K (±1% cap)
NOI $14,286 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$186.4K
$163.1K – $217.5K (±1% cap)
NOI $13,050 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$324.4K
$283.8K – $378.5K (±1% cap)
NOI $22,707 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Electrical Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby

Demographics for 32835, FL

45,380
Population
19,377
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
92%
High-School Grad
9.4 sq mi
ZIP Area
4,828
Density / Sq Mi
$70,183
Median Household Income
$38,953
Median Earnings
$1,764
Median Rent
$333,000
Median Home Value

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?
Duplex - Charming Orlando duplex featuring upgrades, a screened porch, and fenced yard.
Where is this duplex located?
The property is located at 210 ALSTON DRIVE Orlando, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: No HOA fees, resulting in lower monthly costs.; Enjoy the private, covered, and screened‑in back porch with a vinyl‑fenced backyard.; Hard surface floors throughout the home for easy cleaning.
More about this property
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