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Income-Producing Triplex on Large Lot

502 S ADELLE AVENUE Deland, FL 32720

502 S ADELLE AVENUE, Deland, FL, 32720
$170,000
For Sale
Claim this Listing
$170,000

Fully rented triplex on .55 acre lot, investor opportunity.

Property Size3,300 SF
Lot Size0.55 Acres
Price / SF$51.52
AddedApr 12, 2025
Days on Market460
Last RefreshMay 28 at 2:42 pm

Property Features for 502 S ADELLE AVENUE

General Information

Standard status
Active
Size
3,300 SF
Lot size
0.55 Acres
Property subtype
Multi Family

Building Details

Year Built
1947

Listing office KELLER WILLIAMS WINTER PARK

Listing date Apr 12, 2025

Source Exitrealty

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 KELLER WILLIAMS WINTER PARK


Investment Insights

Based on property information with market context.

This is an income-producing triplex situated on a 0.55-acre lot. The property is currently fully rented and generates continuous monthly cash flow. The building has a size of 3300 square feet. This property presents an opportunity for an investor looking to do a full rehab and capitalize on the full market rent value.

Key Highlights

  • Fully rented triplex provides immediate monthly cash flow.
  • .55 acre lot offers potential for expansion or redevelopment.
  • Investor special opportunity for rehab and increased rental income.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Storage Facility Pet Grooming Service Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Fully rented triplex on .55 acre lot, investor opportunity.
Where is this triplex located?
The property is located at 502 S ADELLE AVENUE Deland, FL.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Fully rented triplex provides immediate monthly cash flow.; .55 acre lot offers potential for expansion or redevelopment.; Investor special opportunity for rehab and increased rental income.
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