Two-Unit Duplex with Fenced
For Sale
$425,000
817 OHIO Avenue, Saint Cloud, FL 34769
Residential Income, ST CLOUD, FL
Property Size1,950 SF
Lot Size0.17 Acres
Price / SF$217.95
Days on Market66
Property Features for 817 OHIO Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
SR3
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2
Patio and Porch features
Porch
Interior features
Eat-in Kitchen
Exterior features
Fence
Fencing
Fenced
Appliances
Electric Water Heater
Subdivision
ST CLOUD 2ND TOWN OF
Lot features
City Limits, Level, Near Marina, Paved
Directions
From Partin Settlement Rd and Hwy 192 in Kissimmee, go east into St. Cloud, L on Florida Ave., R on 10th St., L on Ohio Ave.
Standard status
Active
APN
01-26-30-0001-0107-0140
Size
1,950 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ST CLOUD PB B PG 34 BLK 107 LOTS 14 & 15 2/26/30
Tax Annual Amount
2528
Legal Description
ST CLOUD PB B PG 34 BLK 107 LOTS 14 & 15 2/26/30
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1915
Flooring type
Tile - Ceramic, Laminate
Building materials
Block
Roof type
Shingle
Listing Agency:
ASSIST 2 SELL ACE FULL SERVICE REALTY · Assist-2-Sell
(407) 892-1001
Listed By:
Don Ruizzo · License #676753
(407) 873-7803
Added: Jul 2
Changed: Sep 4
Last Checked: Sep 5 at 12:06PM
MLS# S5152986
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 two-story duplex contains two separate residences, with one apartment on each level. Each unit offers two bedrooms and one bathroom within a total property size of 1,950 square feet. The building dates to 1915 and uses architectural concrete block construction, with ceramic tile and laminate flooring. Both kitchens feature newer cabinetry and laminate countertops, while recent interior paint provides refreshed living spaces. Central heating and cooling, an electric water heater, public water, and public sewer are in place.
The 0.17-acre parcel includes a large grassy backyard enclosed by fencing, along with a porch. Zoned SR3, the property is located in St. Cloud, Florida, in Osceola County. Both residences are occupied by tenants who have expressed interest in remaining at the property.
The 0.17-acre parcel includes a large grassy backyard enclosed by fencing, along with a porch. Zoned SR3, the property is located in St. Cloud, Florida, in Osceola County. Both residences are occupied by tenants who have expressed interest in remaining at the property.
Key Highlights
- Two separate residences, with one unit positioned upstairs and one downstairs
- Each unit includes 2 bedrooms and 1 bathroom
- 1,950 square feet on a 0.17‑acre parcel
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
$26,008
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
6.12%
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%
$520,160
$520.2K
Cap Rate 7%
$371,543
$371.5K
Cap Rate 9%
$288,978
$289.0K
Market Conditions
NOI Build-Up for 1,950 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
$39.8K $20.40/SF
− Vacancy
−$2.6K −$1.35/SF
EGI
$37.2K $19.05/SF
− OpEx
−$11.1K −$5.72/SF
NOI
$26.0K $13.34/SF
Area
Osceola County, FL
Vacancy
6.60%
Lease Rate
$20.40 /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%
$520,160
Cap Rate 7%
$371,543
Cap Rate 9%
$288,978
Alternative Uses
Best Use
Multifamily LT 5
$371.5K
$325.1K – $433.5K
NOI $26,008 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$342.1K
$299.3K – $399.1K
NOI $23,947 @ 7.0% cap · market cap 5.63%
Theoretical Best
Specialty Retail
$603.0K
$527.6K – $703.5K
NOI $42,208 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Explore this area
Business Placement
Demographics for 34769, FL
27,594
Population
11,070
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
10.6 sq mi
ZIP Area
2,603
Density / Sq Mi
$58,764
Median Household Income
$35,776
Median Earnings
$1,400
Median Rent
$271,800
Median Home Value
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?
Duplex - Two-story duplex with updated kitchens, separate upstairs and downstairs residences, and a fully enclosed rear yard.
Where is this duplex located?
The property is located at 817 OHIO Avenue Saint Cloud, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two separate residences, with one unit positioned upstairs and one downstairs; Each unit includes 2 bedrooms and 1 bathroom; 1,950 square feet on a 0.17‑acre parcel
