Contemporary Duplex with Fenced
For Sale
$549,000
2806 KILGORE STREET, Orlando, FL 32803
2016-built property with open living areas, a single-car garage, private outdoor space, and no HOA fees.
Property Size1,755 SF
Price / SF$312.82
Days on Market42
Property Features for 2806 KILGORE STREET
General Information
Standard status
Active
Size
1,755 SF
Property subtype
Half Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
2016
Construction
contemporary
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Alexandra Nordine · License #674277
Source:
Endlesssummerrealty
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 29 at 4:49PM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
This contemporary duplex at 2806 Kilgore Street presents a 3-bedroom, 2.5-bathroom residence completed in 2016. The interior features an open arrangement linking the living and dining areas, a kitchen with granite countertops, designer cabinetry, pantry storage, stainless steel appliances, and a breakfast bar. Wood-look tile extends through the main living spaces, while the bedrooms have wood flooring. The owner’s suite includes dual sinks, granite counters, a garden tub, and tiled finishes, with two additional bedrooms sharing a bathroom. An upstairs laundry room adds practical convenience.
Outdoor features include a covered front porch, brick paver driveway, single-car garage, fenced backyard, brick paver patio, and fire pit. The property is located in Orlando’s Milk District, minutes from downtown Orlando dining, parks, shopping, and entertainment. No HOA fees are reported.
Outdoor features include a covered front porch, brick paver driveway, single-car garage, fenced backyard, brick paver patio, and fire pit. The property is located in Orlando’s Milk District, minutes from downtown Orlando dining, parks, shopping, and entertainment. No HOA fees are reported.
Key Highlights
- 3‑bedroom, 2.5‑bathroom duplex residence
- Built in 2016
- Kitchen with granite countertops, stainless steel appliances, pantry, and breakfast bar
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
$24,898
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
4.54%
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%
$497,960
$498.0K
Cap Rate 7%
$355,686
$355.7K
Cap Rate 9%
$276,644
$276.6K
Market Conditions
NOI Build-Up for 1,755 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
$37.9K $21.60/SF
− Vacancy
−$2.3K −$1.33/SF
EGI
$35.6K $20.27/SF
− OpEx
−$10.7K −$6.08/SF
NOI
$24.9K $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 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%
$497,960
Cap Rate 7%
$355,686
Cap Rate 9%
$276,644
Alternative Uses
Best Use
Multifamily LT 5
$355.7K
$311.2K – $415.0K
NOI $24,898 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$324.9K
$284.3K – $379.1K
NOI $22,743 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$565.3K
$494.7K – $659.6K
NOI $39,574 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,262
Businesses Nearby
Explore this area
Business Placement
Demographics for 32803, FL
21,003
Population
12,225
Households
1.7
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
3,089
Density / Sq Mi
$101,401
Median Household Income
$61,439
Median Earnings
$1,823
Median Rent
$421,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - 2016-built property with open living areas, a single-car garage, private outdoor space, and no HOA fees.
Where is this duplex located?
The property is located at 2806 KILGORE STREET Orlando, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3‑bedroom, 2.5‑bathroom duplex residence; Built in 2016; Kitchen with granite countertops, stainless steel appliances, pantry, and breakfast bar
