Duplex with Detached
New
For Sale
$499,000
2500 RAEFORD Road, Orlando, FL 32806
Residential Income, ORLANDO, FL
Property Size1,542 SF
Lot Size0.36 Acres
Price / SF$323.61
Days on Market6
Property Features for 2500 RAEFORD Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1A
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2
Pets allowed
Yes
Interior features
Open Floorplan
Exterior features
Lighting
Subdivision
LEWIS MANOR
Directions
From SR-408, take the S. Bumby Avenue exit and head south. Continue on S. Bumby Avenue, then turn left onto Raeford Road. Continue to 2500 Raeford Road. Property will be on your left.
Standard status
Active
APN
30-23-07-0000-00-008
Size
1,542 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 200 FT OF E 625 FT OF N 165 FT OF NE1/4 OF NW1/4 OF NE1/4 (LESS N 30 FT FOR RD& LESS E 85 FT) OF SEC 07-23-30
Tax Annual Amount
5059
Legal Description
W 200 FT OF E 625 FT OF N 165 FT OF NE1/4 OF NW1/4 OF NE1/4 (LESS N 30 FT FOR RD& LESS E 85 FT) OF SEC 07-23-30
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
tree-shaded yard
outdoor room
generous parking
detached garage/workshop
stainless steel appliances
Building Details
Year built
1950
Roof type
Shingle
Buildings
2
Listing Agency:
HOMEVEST REALTY
Listed By:
Brad Young
(407) 897-5400
Added: Oct 23
Changed: Oct 28
Last Checked: Oct 28 at 11:06PM
MLS# O6452333
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 duplex property consists of two detached homes, each with 2 bedrooms and 1 bathroom. The residences have updated interiors, open living areas, and kitchens fitted with stainless steel appliances. Combined property size is 1,542 square feet on a 0.36-acre lot. A detached garage/workshop provides additional storage, while the tree-shaded yard and generous parking add outdoor and vehicle space. The property also has central air conditioning and central electric heating.
Located in Orlando, the homes are described as minutes from Downtown Orlando, College Park, Winter Park, shopping, dining, and major roadways. The property is zoned R-1A, with public water and a septic tank.
Located in Orlando, the homes are described as minutes from Downtown Orlando, College Park, Winter Park, shopping, dining, and major roadways. The property is zoned R-1A, with public water and a septic tank.
Key Highlights
- Two detached homes, each with 2 bedrooms and 1 bathroom
- Combined property size of 1,542 square feet on 0.36 acres
- Updated interiors and stainless steel kitchen appliances in both homes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,877
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,540
$437.5K
Cap Rate 7%
$312,529
$312.5K
Cap Rate 9%
$243,078
$243.1K
Market Conditions
NOI Build-Up for 1,542 SF
Gross rent
$33.3K $21.60/SF
− Vacancy
−$2.1K −$1.33/SF
EGI
$31.3K $20.27/SF
− OpEx
−$9.4K −$6.08/SF
NOI
$21.9K $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 Rate 5%
$437,540
Cap Rate 7%
$312,529
Cap Rate 9%
$243,078
Alternative Uses
Best Use
Multifamily LT 5
$312.5K
$273.5K – $364.6K
NOI $21,877 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$285.5K
$249.8K – $333.1K
NOI $19,983 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$496.7K
$434.6K – $579.5K
NOI $34,771 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
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Business Placement
Demographics for 32806, FL
26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences offer separate entrances, stainless steel kitchen appliances, and independent living areas.
Where is this duplex located?
The property is located at 2500 RAEFORD Road Orlando, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two detached homes, each with 2 bedrooms and 1 bathroom; Combined property size of 1,542 square feet on 0.36 acres; Updated interiors and stainless steel kitchen appliances in both homes
