Residential Income Property with
2548 ALBION Avenue Orlando, FL 32833
2548 ALBION Avenue, Orlando, FL, 32833
$400,000
For Sale
$400,000
MULTI_FAMILY - ORLANDO, FL
Property Size1,955 SF
Lot Size0.14 Acres
Price / SF$204.60
Days on Market324
Property Features for 2548 ALBION Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-3
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Laundry Room, Bathroom 2, Bedroom 3, Bedroom 1, Laundry Room, Bathroom 1, Bathroom 3, Dining Room
- Parking features
- Open, Oversize, Off Street, Driveway
- Window features
- Blinds, Window Treatments
- Patio and Porch features
- Porch
- Pets allowed
- Yes
- Interior features
- Cathedral Ceiling(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Thermostat, Window Treatments
- Exterior features
- Sidewalk, Sliding Doors
- Appliances
- Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
- Standard status
- Active
- APN
- 32-23-01-7599-41-100
- Size
- 1,955 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ROCKET CITY UNIT 2 Z/56 A/K/A CAPE ORLANDO ESTATES UNIT 2 1855/292 THE S1/2 OF LOT 10 BLK 41
- Tax Annual Amount
- 5077
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1994
- Floors in Building
- 2
- Flooring type
- Tile, Laminate
- Building materials
- Block, Stucco
- Roof type
- Tile
Listing agency
PALMANO GROUP RE BROKERAGE LLC
(321) 214-1211
Listed by
Carol Wittman · License #3352387
(216) 832-3123
Added: Sep 2, 2025 Updated: Jul 20 at 8:42PM Checked: Jul 22 at 3:06AM
MLS# O6340729
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 residential income property includes a three-bedroom, three-bath layout with a cathedral ceiling on the first floor and an enclosed porch. Recent improvements include a brand new 2025 tile roof, along with updated electrical (2025) and updated plumbing (2025). A generous two-car garage adds practical everyday utility.
The property is located in a quiet golf community in Wedgefield, with the course referenced as being directly behind the home. It’s centrally located, about 40 minutes to the beach, and close to the airport, shopping, and attractions.
Zoned R-3, the property sits on a 0.14-acre lot with 1,955 square feet of living area, per the provided information.
The property is located in a quiet golf community in Wedgefield, with the course referenced as being directly behind the home. It’s centrally located, about 40 minutes to the beach, and close to the airport, shopping, and attractions.
Zoned R-3, the property sits on a 0.14-acre lot with 1,955 square feet of living area, per the provided information.
Key Highlights
- 3‑bedroom, 3‑bath home with an open floorplan and living room/dining room combo
- Brand new 2025 tile roof, plus updated electrical (2025) and updated plumbing (2025)
- Cathedral ceilings and high ceilings with a primary bedroom upstairs
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $21.60 |
| − Vacancy | −$2.6k | −$1.33 |
| EGI | $39.6k | $20.27 |
| − OpEx | −$11.9k | −$6.08 |
| NOI | $27.7k | $14.19 |
1,955 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$396.2K
$346.7K – $462.3K
NOI $27,736 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$361.9K
$316.7K – $422.3K
NOI $25,335 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$629.8K
$551.1K – $734.7K
NOI $44,084 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three-bedroom, three-bath home with a 2025 tile roof, updated electrical and plumbing, enclosed porch, and two-car garage.
Where is this duplex located?
The property is located at 2548 ALBION Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3‑bedroom, 3‑bath home with an open floorplan and living room/dining room combo; Brand new 2025 tile roof, plus updated electrical (2025) and updated plumbing (2025); Cathedral ceilings and high ceilings with a primary bedroom upstairs
