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Four-Unit Townhome Income Property
For Sale
$850,000

904 SUMTER STREET, Leesburg, FL 34748

Well-maintained four-townhome community with separate utility metering and updated interiors.

Property Size6,444 SF
Lot Size0.38 Acres
Price / SF$131.91
Days on Market50

Property Features for 904 SUMTER STREET

General Information

Standard status Active
Size 6,444 SF
Total Parking Spaces 8
Lot size 0.38 Acres
Property subtype Quadruplex
Zoning R-2
Occupancy 75%

Additional Details

Business Included Yes
Multifamily Units 4

Building Details

Year Built 1987
Stories 2
Tenancy Multi
Listing Agency: REDFIN CORPORATION
Listed By: Jo Holton · License #3455964
Source: Endlesssummerrealty
Added: Jul 9 Changed: Aug 24 Last Checked: Aug 26 at 8:21AM

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 REDFIN CORPORATION

Investment Insights

Based on property information with market context.

This four-unit townhome income property consists of two-story layouts with lofts, built in 1987 with block and stucco construction. The unit mix includes two middle units with three bedrooms and two bathrooms, and two end units with two bedrooms and two bathrooms. All units have been updated and are described as featuring LVP flooring.

The property sits on a 119’ x 138’ lot and is zoned R-2. Each unit is separately metered for city utilities, and each unit is provided with two assigned parking spots.

Three units convey with current, executed leases, offering immediate rental occupancy at closing based on the stated lease terms.

Key Highlights

  • Built in 1987 block & stucco four‑townhome (quadplex) with two‑story layouts and lofts
  • Unit mix: two 3BR/2BA middle units (1,752 SF each) and two 2BR/2BA end units (1,322 SF each)
  • Updated interiors across all units with LVP flooring

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Tanning Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,335
Businesses Nearby

Demographics for 34748, FL

45,481
Population
25,740
Households
1.8
Avg Household Size
60
Median Age
24%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$53,768
Median Household Income
$30,762
Median Earnings
$1,181
Median Rent
$226,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained four-townhome community with separate utility metering and updated interiors.
Where is this quadplex located?
The property is located at 904 SUMTER STREET Leesburg, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Built in 1987 block & stucco four‑townhome (quadplex) with two‑story layouts and lofts; Unit mix: two 3BR/2BA middle units (1,752 SF each) and two 2BR/2BA end units (1,322 SF each); Updated interiors across all units with LVP flooring
More about this property
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