Duplex with Covered
For Sale
$329,900
5121-5115 UPSON Avenue, De Leon Springs, FL 32130
MULTI_FAMILY - DE LEON SPRINGS, FL
Property Size1,536 SF
Lot Size0.75 Acres
Price / SF$214.78
Days on Market10
Property Features for 5121-5115 UPSON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-4
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Family Room, Bathroom 4, Bedroom 2, Bathroom 3
Appliances
Gas Water Heater, Refrigerator
Subdivision
BEARDSLEYS DELEON SPGS
Directions
NW on 15A,Turn left on N. Woodland/17N, Right on E. Berlin, 3rd left onto Upson
Standard status
Active
APN
43-16-29-01-09-0070
Size
1,536 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 7 EXC N 8 FT & ALL OF LOT 9 BEARDSLEYS DELEON SPRINGS MB 1 PG 37 PER OR 3500 PG 1130 PER OR 7128 PG 4317
Tax Annual Amount
2999
Legal Description
LOT 7 EXC N 8 FT & ALL OF LOT 9 BEARDSLEYS DELEON SPRINGS MB 1 PG 37 PER OR 3500 PG 1130 PER OR 7128 PG 4317
Utilities
Sewer type
Septic Tank
Heating system
Ductless (Heating), Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Well
Building Details
Year built
1957
Floors in Building
1
Flooring type
Terrazzo
Building materials
Block
Roof type
Shingle
Listing Agency:
STOCKWORTH REALTY GROUP
(407) 909-5900
Listed By:
Oliver Alfaro
(805) 206-9638
Added: Jul 22
Changed: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# O6428488
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 well-maintained full duplex is configured as two separate units. Each unit offers two bedrooms, one bathroom, and a covered carport. Both units are currently rented on a month-to-month basis. The property is constructed with block materials and has a shingle roof. Interior finishes include terrazzo flooring. Heating and cooling are provided via ductless systems and electric heating, with wall/window unit cooling.
Set on a 0.75-acre lot in R-4 zoning, the rear portion of the property has been subdivided. Water service is provided by a well, and wastewater is handled by a septic tank. The home was built in 1957. The location is about 7 miles north of DeLand and near the St. Johns River.
Recent updates include wall-mounted split air conditioners and new ceiling fans throughout, along with additional improvements intended to reduce future maintenance.
Set on a 0.75-acre lot in R-4 zoning, the rear portion of the property has been subdivided. Water service is provided by a well, and wastewater is handled by a septic tank. The home was built in 1957. The location is about 7 miles north of DeLand and near the St. Johns River.
Recent updates include wall-mounted split air conditioners and new ceiling fans throughout, along with additional improvements intended to reduce future maintenance.
Key Highlights
- Two‑unit duplex; both units rented on a month‑to‑month basis
- Each unit offers 2 bedrooms, 1 bathroom, plus a covered carport
- 0.75‑acre lot zoned R‑4 with a subdivided rear portion
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 | $21.4k | $13.92 |
| − Vacancy | −$2.1k | −$1.39 |
| EGI | $19.2k | $12.53 |
| − OpEx | −$5.8k | −$3.76 |
| NOI | $13.5k | $8.77 |
1,536 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$192.5K
$168.4K – $224.6K
NOI $13,475 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$167.2K
$146.3K – $195.1K
NOI $11,704 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$452.9K
$396.3K – $528.4K
NOI $31,703 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 32130, FL
5,485
Population
2,082
Households
2.6
Avg Household Size
45
Median Age
23%
College-Educated
89%
High-School Grad
94.6 sq mi
ZIP Area
58
Density / Sq Mi
$59,288
Median Household Income
$35,647
Median Earnings
$1,181
Median Rent
$269,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-unit duplex in R-4 zoning with both units rented on a month-to-month basis.
Where is this duplex located?
The property is located at 5121-5115 UPSON Avenue De Leon Springs, FL.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Two‑unit duplex; both units rented on a month‑to‑month basis; Each unit offers 2 bedrooms, 1 bathroom, plus a covered carport; 0.75‑acre lot zoned R‑4 with a subdivided rear portion
