Six-Bedroom
For Sale
$320,000
2112 LEE Street, Orlando, FL 32805
Residential, ORLANDO, FL
Property Size1,917 SF
Lot Size0.15 Acres
Price / SF$166.93
Days on Market272
Property Features for 2112 LEE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 5
Interior features
Walk-In Closet(s)
Exterior features
Private Mailbox
Appliances
Cooktop
Subdivision
ANGEBILT ADD
Directions
From 1350 W Colonial Dr, head east on Colonial, turn right toward the Holden Heights area, and follow local roads to Lee St-property will be on your right at 2112 Lee St.
Standard status
Active
APN
03-23-29-0180-22-240
Size
1,917 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ANGEBILT ADDITION H/79 LOT 24 BLK 22
Tax Annual Amount
2757
Legal Description
ANGEBILT ADDITION H/79 LOT 24 BLK 22
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1955
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Stucco, Frame
Roof type
Shingle
Listing Agency:
MILLENNIUM REALTY CENTER LLC
(407) 843-8996
Listed By:
William Jusme, II · License #687730
(407) 576-9184
Added: Dec 9, 2025
Changed: Sep 3
Last Checked: Sep 7 at 1:06AM
MLS# O6366407
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 duplex contains 1,917 square feet on a 0.15-acre lot, with six bedrooms and three bathrooms arranged across the residence. Interior features include ceramic tile flooring and a walk-in closet, while the construction combines stucco and frame materials beneath a shingle roof. The property was built in 1955 and includes a cooktop, central heating, and wall/window cooling units.
Located in Orlando, Florida, the property is served by public water and public sewer. The R-2 zoning designation supports its classification as a duplex, while available water service and an on-site private mailbox add practical residential functionality. Additional features include a 1955 construction date and public water access.
Located in Orlando, Florida, the property is served by public water and public sewer. The R-2 zoning designation supports its classification as a duplex, while available water service and an on-site private mailbox add practical residential functionality. Additional features include a 1955 construction date and public water access.
Key Highlights
- Duplex with 1,917 square feet of property size
- 0.15‑acre lot in Orlando, FL 32805
- Six bedrooms and three bathrooms
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
$27,197
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
8.50%
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%
$543,940
$543.9K
Cap Rate 7%
$388,529
$388.5K
Cap Rate 9%
$302,189
$302.2K
Market Conditions
NOI Build-Up for 1,917 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
$41.4K $21.60/SF
− Vacancy
−$2.6K −$1.33/SF
EGI
$38.9K $20.27/SF
− OpEx
−$11.7K −$6.08/SF
NOI
$27.2K $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%
$543,940
Cap Rate 7%
$388,529
Cap Rate 9%
$302,189
Alternative Uses
Best Use
Multifamily LT 5
$388.5K
$340.0K – $453.3K
NOI $27,197 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$354.9K
$310.5K – $414.1K
NOI $24,843 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$617.5K
$540.3K – $720.5K
NOI $43,227 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
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?
Duplex - R-2-zoned duplex with public water and sewer serving a multi-bedroom residential layout.
Where is this duplex located?
The property is located at 2112 LEE Street Orlando, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Duplex with 1,917 square feet of property size; 0.15‑acre lot in Orlando, FL 32805; Six bedrooms and three bathrooms
