Four-Unit
For Sale
$895,000
745 EASY Avenue, Orlando, FL 32805
Residential Income, ORLANDO, FL
Property Size3,200 SF
Lot Size0.03 Acres
Price / SF$279.69
Days on Market40
Property Features for 745 EASY Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-1/T/PH
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 10, Bedroom 3, Bedroom 5, Bedroom 12, Bathroom 1, Bedroom 9, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 11, Bathroom 3, Bedroom 8, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 7
Exterior features
Fence
Fencing
Fenced
Subdivision
MAGRUDER REV
Directions
Drive east on Fred L. Maxwell Bld. Right to Tampa Ave. Left to Carter St. Right to Easy Ave. Property is on the left.
Standard status
Active
APN
34-22-29-5464-02-280
Size
3,200 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
J B MAGRUDERS RESURVEY F/89 LOT 28 & S 1/2 LOT 26 BLK 2H
Tax Annual Amount
7206
Legal Description
J B MAGRUDERS RESURVEY F/89 LOT 28 & S 1/2 LOT 26 BLK 2H
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Number of units
3
Building materials
Block
Roof type
Built-Up
Listing Agency:
BEYCOME OF FLORIDA LLC
(804) 656-5007
Listed By:
Steven Koleno · License #3469487
(844) 239-2663
Added: Aug 24
Changed: Sep 28
Last Checked: Oct 2 at 3:06AM
MLS# O6436271
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 detached quadplex contains four apartments within a 3,200-square-foot block building constructed in 1950. The property is being sold as-is while renovation work is underway. Central air, electric heating, a built-up roof, and a fenced exterior are among the existing improvements.
The offering includes two parcels: the building lot and a separate parking lot with space for 16 vehicles. The property is served by public water and public sewer, with cable available. R-1/T/PH zoning and the absence of an HOA are also noted. The building area and 0.03-acre lot size are approximate and should be independently verified by the buyer.
The offering includes two parcels: the building lot and a separate parking lot with space for 16 vehicles. The property is served by public water and public sewer, with cable available. R-1/T/PH zoning and the absence of an HOA are also noted. The building area and 0.03-acre lot size are approximate and should be independently verified by the buyer.
Key Highlights
- Four‑unit detached multifamily building
- 3,200‑square‑foot building constructed in 1950
- Two parcels included, including a separate parking lot
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
$45,399
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
5.07%
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%
$907,980
$908.0K
Cap Rate 7%
$648,557
$648.6K
Cap Rate 9%
$504,433
$504.4K
Market Conditions
NOI Build-Up for 3,200 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
$69.1K $21.60/SF
− Vacancy
−$4.3K −$1.33/SF
EGI
$64.9K $20.27/SF
− OpEx
−$19.5K −$6.08/SF
NOI
$45.4K $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%
$907,980
Cap Rate 7%
$648,557
Cap Rate 9%
$504,433
Alternative Uses
Best Use
Multifamily LT 5
$648.6K
$567.5K – $756.7K
NOI $45,399 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$592.4K
$518.4K – $691.2K
NOI $41,469 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$1.03M
$902.0K – $1.20M
NOI $72,158 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,250
Businesses Nearby
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Detached block multifamily property with central air, public utilities, and a separate fenced parking parcel.
Where is this quadplex located?
The property is located at 745 EASY Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Four‑unit detached multifamily building; 3,200‑square‑foot building constructed in 1950; Two parcels included, including a separate parking lot
