Remodeled Four-Unit
New
For Sale
$660,000
5331 VANDERLIN STREET, Orlando, FL 32810
All four residences are occupied by renters, with updated interiors following extensive renovations.
Property Size2,107 SF
Price / SF$313.24
Days on Market7
Property Features for 5331 VANDERLIN STREET
General Information
Standard status
Active
Size
2,107 SF
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Multifamily Units
4
Tenant in Place
Yes
Amenities
0.31 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 29-21-29-0356-03-300, Public Survey Range: 29, Public Survey Section: 29, Annual Amount: $4,936.29, Tax Block: C, Tax Book Number: J-86, Legal Description: AVONDALE PARK FIRST ADDITION J/86 LOTS 30 & 31 BLK C, Lot: 30, Year: 2025, Zoning: R-2
Central Air
Electric
Laundry Room
Listing ID: MFRO6451066, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-10-20, 1 day on market, Special Conditions: None
Built in 1981, Living area: 2107, Living area units: Square Feet
Subdivision: AVONDALE PARK FIRST ADD, MLS Area (Major): 32810 - Orlando/Lockhart, County/Parish: Orange
Public, Water Source: Public
Road Surface: Asphalt
Ninguno
Other equipment: None
Building Details
Year Built
1981
Listing Agency:
ESSENZA REALTY LLC
(612) 819-2019
Listed By:
Maria Luiza Patez Vivone · License #3536062
(407) 512-1008
Source:
Miharaandassociates
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 7:00PM
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 ESSENZA REALTY LLC
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Investment Insights
Based on property information with market context.
This Orlando quadplex contains four separate rental units, all currently occupied. Extensive remodeling has updated the property, which was built in 1981.
Located at 5331 Vanderlin Street in Orlando, the property offers four occupied units within one multifamily asset.
Located at 5331 Vanderlin Street in Orlando, the property offers four occupied units within one multifamily asset.
Key Highlights
- Four rental units, all currently occupied
- Extensively remodeled property
- Built in 1981
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,892
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,840
$597.8K
Cap Rate 7%
$427,029
$427.0K
Cap Rate 9%
$332,133
$332.1K
Market Conditions
NOI Build-Up for 2,107 SF
Gross rent
$45.5K $21.60/SF
− Vacancy
−$2.8K −$1.33/SF
EGI
$42.7K $20.27/SF
− OpEx
−$12.8K −$6.08/SF
NOI
$29.9K $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 Rate 5%
$597,840
Cap Rate 7%
$427,029
Cap Rate 9%
$332,133
Alternative Uses
Best Use
Multifamily LT 5
$427.0K
$373.7K – $498.2K
NOI $29,892 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$390.1K
$341.3K – $455.1K
NOI $27,305 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$678.7K
$593.9K – $791.9K
NOI $47,512 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
267
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are occupied by renters, with updated interiors following extensive renovations.
Where is this quadplex located?
The property is located at 5331 VANDERLIN STREET Orlando, FL.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Four rental units, all currently occupied; Extensively remodeled property; Built in 1981
