Spacious Quadruplex Investment
903 E MAIN STREET, Haines City, FL 33845
Four townhome-style units with strong rental history in prime location.
Type:Multi Family
Property size:
6,130 SFLot size:
0.16 AcresPrice / SF:
$146/SF- Added:
- Mar 23, 2026
- Days on Market:
- 56
- Last Refresh:
- Apr 6 at 1:27 am
Property Features for 903 E MAIN STREET
General Information
- Standard status
- Active
- Size
- 6,130 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 2007
Listing agent Jenn Manzella License #3383985
Listing office FLORIDA REALTY MARKETPLACE (863) 877-1915
Listing date Mar 23, 2026
Source Exitrealty
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 FLORIDA REALTY MARKETPLACE
HighLights
- Quadruplex featuring four spacious townhome‑style units, each boasting 4 bedrooms and 2.5 baths.
- New roof (2023) and three recently replaced HVAC systems for a well‑maintained property.
- Strong rental history in a high‑demand rental market.
- No HOA fees, maximizing investor returns.
- Individually metered utilities for each unit, tenants pay their own expenses.
- Prime location near shopping, dining, major highways, and Central Florida attractions.
Overview
This quadruplex presents a rare investment opportunity, featuring four spacious townhome-style units, each offering 1,532 sq. ft. of living space. Each unit includes 4 bedrooms and 2.5 baths, along with two designated parking spaces. The property provides over 6,130 sq. ft. of heated space and operates without an HOA. Each home features a large living room, family room, kitchen, laundry room, and half bath on the first floor, with four bedrooms and two full baths upstairs. The property has been well maintained, with a new roof installed in 2023 and three of the four HVAC systems recently replaced. All units have individually metered utilities, with tenants responsible for their own expenses. Located in a high-demand rental market near shopping, dining, major highways, and Central Florida attractions, this property is suitable for both seasoned and new investors. The property has a strong rental history and presents an opportunity for strong cash flow, value appreciation, and future rent increases. The property is comprised of 4 connected townhomes.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$722.2K
NOI $64,996 @ 9.00% cap · cautious / downside scenario
Moderate
$928.5K
NOI $64,996 @ 7.00% cap · market / base-case scenario
Aggressive
$1.30M
NOI $64,996 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.3k | $16.20 |
| − Vacancy | −$6.5k | −$1.05 |
| EGI | $92.9k | $15.15 |
| − OpEx | −$27.9k | −$4.54 |
| NOI | $65.0k | $10.60 |
6,130 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$928.5K
$812.5K – $1.08M
NOI $64,996 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$829.5K
$725.8K – $967.7K
NOI $58,063 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,116 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Haines City
- County
- Polk
- State
- Florida
- Longitude
- -81.623892
- Latitude
- 28.1079783
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FAQs
What type of property is this?
Quadplex - Four townhome-style units with strong rental history in prime location.
Where is this quadplex located?
The property is located at 903 E MAIN STREET Haines City, FL.
What is the asking price?
The asking price for this property is $899,950.
What are key features of this property?
This property features: Quadruplex featuring four spacious townhome‑style units, each boasting 4 bedrooms and 2.5 baths.; New roof (2023) and three recently replaced HVAC systems for a well‑maintained property.; Strong rental history in a high‑demand rental market.
