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Eustis Quad-Plex with Storage Units

426 E CITRUS Ave, Eustis, FL 32726

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For Sale

$490,000

Turnkey investment opportunity: quad-plex plus four storage units.

Type:Investment

HighLights

Turnkey quad‑plex apartment building with additional (4) storage rental units, 100% occupied with annual leases.
Located in the historic district of Eustis, just (3) blocks from downtown and within walking distance to amenities.
Currently delivering a 6.16% CAP Rate with additional revenue potential from storage units.
All units fully remodeled and updated in 2019.
Each unit includes: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch, and (2) Dedicated Parking Spaces.
No HOA and City of Eustis water & sewer.

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Listing Contact

Joel Bornstein

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For Sale

$490,000

Turnkey investment opportunity: quad-plex plus four storage units.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 5:40 pm

Property Features for 426 E CITRUS Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1925

We can help!

Listing Contact

Joel Bornstein

Listing agent Joel Bornstein License #3211229

Listing office ROCK SPRINGS REALTY, LLC

Listing date Apr 24, 2026

Source Elliman

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 ROCK SPRINGS REALTY, LLC

HighLights

Turnkey quad‑plex apartment building with additional (4) storage rental units, 100% occupied with annual leases.
Located in the historic district of Eustis, just (3) blocks from downtown and within walking distance to amenities.
Currently delivering a 6.16% CAP Rate with additional revenue potential from storage units.
All units fully remodeled and updated in 2019.
Each unit includes: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch, and (2) Dedicated Parking Spaces.
No HOA and City of Eustis water & sewer.

Overview

This is a quad-plex apartment building with an additional four storage rental units, located in the historic district of Eustis, Florida, just three blocks from downtown. The property is currently delivering a 6.16% CAP Rate with additional revenue potential. This turnkey investment opportunity is 100% occupied, and all tenants are on annual leases. There is no HOA. The property utilizes City of Eustis water and sewer services. Each unit includes living and dining rooms, a full kitchen, a full bathroom, a primary bedroom, a bonus room or second bedroom, and a rear porch, along with two dedicated parking spaces. All units were fully remodeled and updated in 2019. The property also includes a detached four-unit rental storage building with roll-up doors, generating $500.00 in monthly income. The property is located within close proximity and walking distance to Downtown Eustis and Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks and just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. The property has a walk score of 80, indicating it is very walkable, and a bike score of 49, indicating it is somewhat bikeable.

Location Intelligence

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Quadplexes

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Location Insight

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Local Demand

City: Eustis
County: Lake
State: Florida
Longitude: -81.6805498
Latitude: 28.8515332

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For sale
Quadplexes
FL
Eustis
32726
426 E CITRUS Ave

What type of property is this?

Quadplex - Turnkey investment opportunity: quad-plex plus four storage units.

Where is this quadplex located?

The property is located at 426 E CITRUS Ave Eustis, FL.

What is the asking price?

The asking price for this property is $490,000.

What are key features of this property?

This property features: Turnkey quad‑plex apartment building with additional (4) storage rental units, 100% occupied with annual leases.; Located in the historic district of Eustis, just (3) blocks from downtown and within walking distance to amenities.; Currently delivering a 6.16% CAP Rate with additional revenue potential from storage units.