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Half-Duplex Income Property
For Sale
$249,900

239 ALSTON Drive, Orlando, FL 32835

Residential, ORLANDO, FL

Property Size1,007 SF
Lot Size0.13 Acres
Price / SF$248.16
Days on Market77

Property Features for 239 ALSTON Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning P-D
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Dining Room, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Window features Blinds
Patio and Porch features Porch
Interior features Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
Exterior features Rain Gutters
Appliances Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision OAK MDWS PD PH III UN #II
Lot features City Limits, In County, Sidewalk, Paved
Directions From Old Winter Garden Road go to Dorscher Rd, Alston Dr, 3rd street on the right.
Standard status Active
APN 26-22-28-6044-00-265
Size 1,007 SF
Lot size 0.13 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description OAK MEADOWS PD PHASE 3 UNIT 2 17/134 LOT26B
Tax Annual Amount 3383
Legal Description OAK MEADOWS PD PHASE 3 UNIT 2 17/134 LOT26B

Utilities

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

Building Details

Year built 1989
Floors in Building 1
Flooring type Laminate, Tile - Ceramic
Building materials Block, Frame
Roof type Shingle
Listing Agency: CHARLES RUTENBERG REALTY ORLANDO
Listed By: Lucia Kronenberg · License #3041695
Added: Aug 14 Changed: Oct 29 Last Checked: Oct 29 at 7:06PM
MLS# O6433614

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.

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Investment Insights

Based on property information with market context.

This half-duplex residence contains 1,007 square feet, with two bedrooms, two bathrooms, a kitchen with an eating area, and a living and dining room combination. The property was built in 1989 and includes a one-car garage. Repiping has been completed, and roof replacement is underway. There is no HOA.

The 0.13-acre property is in Orlando, near Metrowest, major highways, schools, Valencia College, shopping, and area attractions. P-D zoning, public water, and septic service are reported for the property.

Key Highlights

  • 1,007‑square‑foot half‑duplex on a 0.13‑acre lot
  • Two bedrooms, two bathrooms, and a kitchen with an eating area
  • Attached one‑car garage

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 (±1% cap)
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 (±1% cap)
NOI $22,707 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

641
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - The tenant-occupied residence includes an attached one-car garage and a two-bedroom, two-bath layout.
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: 1,007‑square‑foot half‑duplex on a 0.13‑acre lot; Two bedrooms, two bathrooms, and a kitchen with an eating area; Attached one‑car garage
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