Leased Three-Unit
For Sale
$645,000
722 Tucker Ave, Orlando, FL 32807
Matching one-bedroom residences feature full baths, separate living areas, kitchens, dining rooms, and washer-dryer sets.
Property Size1,782 SF
Price / SF$361.95
Days on Market71
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Property Features for 722 Tucker Ave
General Information
Standard status
Active
Size
1,782 SF
Property subtype
Multi-Family
Building Details
Year Built
1967
Listing Agency:
HOMEVEST REALTY
Listed By:
Brad Young · License #3233578
(407) 897-5400
Source:
Figteam
Added: Aug 6
Changed: Oct 3
Last Checked: Oct 5 at 11:37PM
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 HOMEVEST REALTY
Investment Insights
Based on property information with market context.
This 1,782-square-foot triplex contains three matching residences, each arranged with one bedroom, one full bathroom, kitchen, dining room, and living room. Every unit includes a washer and dryer. Built in 1967, the property received a roof replacement in 2018, and all three units are currently leased.
The property is located at 722 Tucker Ave in Orlando’s 32807 area, within East Orlando’s Azalea Park area. SR-408 provides access to Downtown Orlando in about ten minutes and Orlando International Airport in approximately fifteen minutes. SR-417 and Semoran Boulevard are also nearby, while Colonial Drive offers access to retail, dining, and services. Baldwin Park and Winter Park are located up the road.
The property is located at 722 Tucker Ave in Orlando’s 32807 area, within East Orlando’s Azalea Park area. SR-408 provides access to Downtown Orlando in about ten minutes and Orlando International Airport in approximately fifteen minutes. SR-417 and Semoran Boulevard are also nearby, while Colonial Drive offers access to retail, dining, and services. Baldwin Park and Winter Park are located up the road.
Key Highlights
- Three‑unit multifamily property with all three residences leased
- 1,782 square feet on a 0.04‑acre lot
- Each unit includes 1 bedroom, 1 full bath, kitchen, dining room, and living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,281
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,620
$505.6K
Cap Rate 7%
$361,157
$361.2K
Cap Rate 9%
$280,900
$280.9K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$38.5K $21.60/SF
− Vacancy
−$2.4K −$1.33/SF
EGI
$36.1K $20.27/SF
− OpEx
−$10.8K −$6.08/SF
NOI
$25.3K $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%
$505,620
Cap Rate 7%
$361,157
Cap Rate 9%
$280,900
Alternative Uses
Best Use
Multifamily LT 5
$361.2K
$316.0K – $421.4K
NOI $25,281 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$329.9K
$288.7K – $384.9K
NOI $23,093 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$574.0K
$502.3K – $669.7K
NOI $40,183 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
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Business Placement
Demographics for 32807, FL
34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Matching one-bedroom residences feature full baths, separate living areas, kitchens, dining rooms, and washer-dryer sets.
Where is this triplex located?
The property is located at 722 Tucker Ave Orlando, FL.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Three‑unit multifamily property with all three residences leased; 1,782 square feet on a 0.04‑acre lot; Each unit includes 1 bedroom, 1 full bath, kitchen, dining room, and living room
