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821 E CHURCH STREET, Orlando, FL, 32801
Corner Lot Duplex with Cottage

821 E CHURCH STREET Orlando, FL 32801

For Sale
$679,000

Two separately metered homes include a 2-bedroom main house, a 1-bedroom cottage, and two covered parking spaces.

Property Size1,660 SF
Price / SF$409.04
Days on Market14

Property Features for 821 E CHURCH STREET

General Information

Standard status Active
Size 1,660 SF
Property subtype Half Duplex

Building Details

Year Built 1953
Listing Agency: KELLER WILLIAMS REALTY AT THE PARKS
Listed By: Kymberly Rodgers · License #3363076
Source: Miharaandassociates
Added: Jul 14 Changed: Jul 26 Last Checked: Jul 26 at 4:58AM

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 KELLER WILLIAMS REALTY AT THE PARKS

Investment Insights

Based on property information with market context.

Located on a corner lot, this duplex-style property includes a main house with two bedrooms, two updated bathrooms, and a large multi-purpose utility room that can serve multiple functions. A separate 1-bedroom, 1-bathroom cottage provides a full kitchen with a dishwasher and built-in microwave, plus its own separate laundry closet.

The property also offers two covered parking spaces under a roofed 480 sq. ft. carport, along with an exterior storage closet. Outdoor living options include a front porch, a paver side patio, and a sizable backyard fenced on two sides, with updated landscaping and fruit trees including mango and lemon. Mature oak trees provide shade over the yard.

Each home has its own front and back doors and is separately metered. The property is positioned just outside the historic district and is described as being in the heart of Thornton Park, with access to downtown Orlando dining and attractions minutes away.

Key Highlights

  • 1953 main house with 2 bedrooms and 2 updated bathrooms
  • Separate 1‑bedroom/1‑bath cottage with a full kitchen and its own laundry closet
  • Both homes are separately metered with their own front and back doors

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $35.9k $21.60
− Vacancy −$2.2k −$1.33
EGI $33.6k $20.27
− OpEx −$10.1k −$6.08
NOI $23.6k $14.19
1,660 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$336.4K
$294.4K – $392.5K (±1% cap)
NOI $23,551 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$307.3K
$268.9K – $358.5K (±1% cap)
NOI $21,512 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$534.7K
$467.9K – $623.9K (±1% cap)
NOI $37,432 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Florist Clothing & Fashion Store Veterinary Clinic Pet Grooming Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered homes include a 2-bedroom main house, a 1-bedroom cottage, and two covered parking spaces.
Where is this duplex located?
The property is located at 821 E CHURCH STREET Orlando, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 1953 main house with 2 bedrooms and 2 updated bathrooms; Separate 1‑bedroom/1‑bath cottage with a full kitchen and its own laundry closet; Both homes are separately metered with their own front and back doors
More about this property
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