Tenant-Occupied Duplex
For Sale
$249,900
239 ALSTON DRIVE, Orlando, FL 32835
Two-bedroom residence with two baths, an eat-in kitchen, and a one-car garage.
Property Size1,007 SF
Price / SF$248.16
Days on Market66
Property Features for 239 ALSTON DRIVE
General Information
Standard status
Active
Size
1,007 SF
Total Parking Spaces
1
Property subtype
Half Duplex
Additional Details
Highway Access
Yes
Multifamily Units
1
Building Details
Year Built
1989
Tenancy
Single
Listing Agency:
CHARLES RUTENBERG REALTY ORLANDO
(407) 622-2122
Listed By:
Lucia Kronenberg · License #3041695
(407) 701-3493
Source:
Dennisrealty
Added: Aug 14
Changed: Oct 16
Last Checked: Oct 16 at 8:02AM
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 CHARLES RUTENBERG REALTY ORLANDO
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Investment Insights
Based on property information with market context.
This tenant-occupied half-duplex residence includes 1,007 SF of living area, two bedrooms, two bathrooms, an eat-in kitchen, and a one-car garage. Built in 1989, the property offers a compact residential layout suited to its income-property classification.
The home is located at 239 Alston Drive in Orlando, near Metrowest, major highways, schools, Valencia College, shopping, and area attractions. There is no HOA associated with the property.
The home is located at 239 Alston Drive in Orlando, near Metrowest, major highways, schools, Valencia College, shopping, and area attractions. There is no HOA associated with the property.
Key Highlights
- Tenant‑occupied half‑duplex residence
- 1,007 SF property built in 1989
- Two bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,050
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,000
$261.0K
Cap Rate 7%
$186,429
$186.4K
Cap Rate 9%
$145,000
$145.0K
Market Conditions
NOI Build-Up for 1,007 SF
Gross rent
$25.4K $25.20/SF
− Vacancy
−$1.6K −$1.64/SF
EGI
$23.7K $23.56/SF
− OpEx
−$10.7K −$10.60/SF
NOI
$13.0K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,000
Cap Rate 7%
$186,429
Cap Rate 9%
$145,000
Alternative Uses
Best Use
Apartment 5plus
$186.4K
$163.1K – $217.5K
NOI $13,050 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.4K
$283.8K – $378.5K
NOI $22,707 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom residence with two baths, an eat-in kitchen, and a one-car garage.
Where is this residential income property located?
The property is located at 239 ALSTON DRIVE Orlando, FL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Tenant‑occupied half‑duplex residence; 1,007 SF property built in 1989; Two bedrooms and two bathrooms
