Renovated Duplex with
5135-5129 UPSON AVENUE, De Leon Springs, FL 32130
For Sale
$329,900
Two rented residences feature updated interiors, separate carports, and flexible month-to-month tenancy terms.
Property Size1,896 SF
Price / SF$173
Days on Market102
Property Features for 5135-5129 UPSON AVENUE
General Information
Standard status
Size
Property subtype
Occupancy
Land
Land Use
Subdividable
Additional Details
Outdoor Storage
Amenities
covered carport
RV/boat/trailer parking
0.5 acres
Shingle
Septic Tank
Additional parcels description:, Parcel Number: 69-43-01-09-00-0010, Public Survey Range: 29, Public Survey Section: 43, Annual Amount: $3,036, Tax Block: 9, Tax Book Number: 1-37, Legal Description: 43-16-29 LOTS 1 3 5 & N 8 FT OF LOT 7 BLK 9 MAP OF DELEON SPRINGS PB 1 PG 37 MB 12 PG 46 PER OR 7135 PG 164 PER OR 7777 PG 4633, Lot: 7, Year: 2025, Zoning: 01R4
Terrazzo
Central Air, Wall/Window Unit(s)
Ductless
Listing ID: MFRO6428518, Standard Status: Active, MLS Status: Active, Property Subtype: Half Duplex, On market as of 2026-07-31, 88 days on market, Special Conditions: None
1 carport space
5 total bedrooms
Built in 1957, Living area: 1896, Living area units: Square Feet, Building faces West, Levels: One, Construction Materials: Block
Subdivision: BEARDSLEYS DELEON SPGS, MLS Area (Major): 32130 - Deleon Springs, County/Parish: Volusia
4 total bathrooms, 2 full bathrooms, 2 half bathrooms
Water Source: Well
Slab
Road Surface: Asphalt
Refrigerator
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
STOCKWORTH REALTY GROUP
(407) 909-5900
Listed By:
Oliver Alfaro · License #3650659
(805) 206-9638
Source:
Miharaandassociates
Added: Jul 31
Changed: Nov 8
Last Checked: Nov 8 at 5:39AM
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 STOCKWORTH REALTY GROUP
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Investment Insights
Based on property information with market context.
This 1,896-square-foot duplex, built in 1957, includes two separate residences with practical layouts. One unit has 2 bedrooms and 1 bathroom, while the other offers 3 bedrooms, 1 bathroom, and a 13' x 15' bonus room. Each residence includes a covered carport, and both are currently occupied under month-to-month rental terms.
Recent improvements include a new HVAC system, new flooring, fresh interior paint, kitchen cabinetry, ceiling fans, and a new stove. The property also provides room for RV, boat, or trailer parking. It is located 7 miles north of DeLand and near the St. Johns River, with access to fishing and outdoor recreation.
Recent improvements include a new HVAC system, new flooring, fresh interior paint, kitchen cabinetry, ceiling fans, and a new stove. The property also provides room for RV, boat, or trailer parking. It is located 7 miles north of DeLand and near the St. Johns River, with access to fishing and outdoor recreation.
Key Highlights
- 1,896‑square‑foot duplex with two separate rental units
- Unit mix includes 2 bedrooms and 1 bathroom, plus 3 bedrooms and 1 bathroom
- Second unit includes a 13' x 15' bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,633
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,660
$332.7K
Cap Rate 7%
$237,614
$237.6K
Cap Rate 9%
$184,811
$184.8K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$26.4K $13.92/SF
− Vacancy
−$2.6K −$1.39/SF
EGI
$23.8K $12.53/SF
− OpEx
−$7.1K −$3.76/SF
NOI
$16.6K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,660
Cap Rate 7%
$237,614
Cap Rate 9%
$184,811
Alternative Uses
Best Use
Multifamily LT 5
$237.6K
$207.9K – $277.2K
NOI $16,633 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$206.4K
$180.6K – $240.8K
NOI $14,448 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$559.0K
$489.2K – $652.2K
NOI $39,133 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
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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
$269,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Volusia County, FL
Properties on Market for Duplexes in Volusia County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rented residences feature updated interiors, separate carports, and flexible month-to-month tenancy terms.
Where is this duplex located?
The property is located at 5135-5129 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: 1,896‑square‑foot duplex with two separate rental units; Unit mix includes 2 bedrooms and 1 bathroom, plus 3 bedrooms and 1 bathroom; Second unit includes a 13' x 15' bonus room
