Updated Duplex with Central
New
For Sale
$489,000
5331 DAVISSON Avenue, Orlando, FL 32810
Residential Income, ORLANDO, FL
Property Size1,565 SF
Lot Size0.21 Acres
Price / SF$312.46
Days on Market2
Property Features for 5331 DAVISSON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Pets allowed
Breed Restrictions, Number Limit, Dogs OK, Cats OK, Size Limit
Interior features
Ceiling Fans(s), Stone Counters, Thermostat
Subdivision
BEATRICE VILLAGE
Directions
I-4 to west on Lee Road, north on Davission Ave. Duplex on right.
Standard status
Active
APN
03-22-29-0552-02-180
Size
1,565 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
BEATRICE VILLAGE S/18 LOT 18 BLK B
Tax Annual Amount
5054
Legal Description
BEATRICE VILLAGE S/18 LOT 18 BLK B
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1984
Building materials
Block
Roof type
Shingle
Listing Agency:
SAND DOLLAR REALTY GROUP INC
Listed By:
Robert Arnold, Jr · License #627826
(407) 389-7318
Added: Sep 12
Last Checked: Sep 13 at 1:06AM
MLS# O6441377
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 1,565-square-foot duplex contains two 2-bedroom, 1-bath units, with both residences currently occupied by long-term tenants on month-to-month leases. Interior improvements include updated kitchens, renovated bathrooms with granite countertops, ceiling fans, stone counters, thermostats, central heating, and central air. The block-built property also has public water and public sewer service.
Major capital work includes a new shingle roof completed in 2023, replacement of one HVAC system in 2025, and repiping throughout the property. Built in 1984, the duplex sits on a 0.21-acre lot and is zoned R-2. Access to I-4 and major roadways supports travel throughout the surrounding area.
Major capital work includes a new shingle roof completed in 2023, replacement of one HVAC system in 2025, and repiping throughout the property. Built in 1984, the duplex sits on a 0.21-acre lot and is zoned R-2. Access to I-4 and major roadways supports travel throughout the surrounding area.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,565 square feet on a 0.21‑acre lot
- Both units occupied by long‑term tenants on month‑to‑month leases
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
$22,203
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%
$444,060
$444.1K
Cap Rate 7%
$317,186
$317.2K
Cap Rate 9%
$246,700
$246.7K
Market Conditions
NOI Build-Up for 1,565 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
$33.8K $21.60/SF
− Vacancy
−$2.1K −$1.33/SF
EGI
$31.7K $20.27/SF
− OpEx
−$9.5K −$6.08/SF
NOI
$22.2K $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%
$444,060
Cap Rate 7%
$317,186
Cap Rate 9%
$246,700
Alternative Uses
Best Use
Multifamily LT 5
$317.2K
$277.5K – $370.1K
NOI $22,203 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$289.7K
$253.5K – $338.0K
NOI $20,281 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$504.1K
$441.1K – $588.2K
NOI $35,290 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 32810, FL
35,925
Population
14,849
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
9.2 sq mi
ZIP Area
3,905
Density / Sq Mi
$58,462
Median Household Income
$37,983
Median Earnings
$1,545
Median Rent
$260,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Two occupied units feature renovated kitchens and bathrooms within an established residential income property.
Where is this duplex located?
The property is located at 5331 DAVISSON Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,565 square feet on a 0.21‑acre lot; Both units occupied by long‑term tenants on month‑to‑month leases
