Duplex with Covered
New
For Sale
$549,000
932 W PRINCETON Street, Orlando, FL 32804
Residential Income, ORLANDO, FL
Property Size1,422 SF
Lot Size0.23 Acres
Price / SF$386.08
Days on Market2
Property Features for 932 W PRINCETON Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1/T/W
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room
Window features
Blinds
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
Crown Molding, Living Room/Dining Room Combo
Exterior features
Fire Pit
Appliances
Range, Refrigerator
Subdivision
COLLEGE PARK CC SEC
Lot features
Corner Lot, Level, Near Public Transit, Sidewalk
Elementary school
Lake Silver Elem
Middle school
College Park Middle
High school
Edgewater High
Directions
I-4 to Princeton - Turns into Smith St. Turn left onto Westmoreland then Turn left back onto Princeton.
Standard status
Active
APN
14-22-29-1460-03-010
Size
1,422 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
COLLEGE PARK COUNTRY CLUB SEC L/83 LOT 1& W1/2 LOT 2 BLK C
Tax Annual Amount
8377
Legal Description
COLLEGE PARK COUNTRY CLUB SEC L/83 LOT 1& W1/2 LOT 2 BLK C
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
carport
driveway parking
screened-in patio
front porch
outdoor fire pit
laundry closet
Building Details
Year built
1948
Floors in Building
1
Number of units
2
Building materials
Block, Brick
Roof type
Shingle
Listing Agency:
ROMAN REALTY GROUP, LLC
(407) 876-1990
Listed By:
Brian LeMay · License #3418622
(321) 314-5412
Added: Oct 8
Changed: Oct 9
Last Checked: Oct 9 at 5:06AM
MLS# O6446645
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.
Built in 1948, this block-and-brick duplex contains two residences, each with two bedrooms, one bathroom, a combined living and dining area, and a kitchen. The property totals 1,422 square feet on a 0.23-acre corner lot. Features include central heating and air conditioning, crown molding, outdoor laundry closets, and a covered one-car carport for each unit, plus driveway parking. One residence has a screened patio; the other includes a front porch and fire pit. The property is zoned R-1/T/W.
The duplex is in Orlando’s College Park area, near shops, restaurants, parks, and other destinations along Edgewater Drive. I-4 provides access toward Downtown Orlando, approximately five minutes away. The source also places the theme parks about 20 minutes away, Orlando International Airport around 30 minutes away, and East Coast beaches under an hour away.
The two residences can be occupied separately, with the layout accommodating an owner in one unit and a tenant in the other, or rental of both units. Public water and sewer serve the property.
The duplex is in Orlando’s College Park area, near shops, restaurants, parks, and other destinations along Edgewater Drive. I-4 provides access toward Downtown Orlando, approximately five minutes away. The source also places the theme parks about 20 minutes away, Orlando International Airport around 30 minutes away, and East Coast beaches under an hour away.
The two residences can be occupied separately, with the layout accommodating an owner in one unit and a tenant in the other, or rental of both units. Public water and sewer serve the property.
Key Highlights
- Two‑unit duplex with 1,422 square feet of building area
- 0.23‑acre corner lot in Orlando’s College Park area
- Each unit has 2 bedrooms, 1 bathroom, and a covered one‑car carport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,174
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,480
$403.5K
Cap Rate 7%
$288,200
$288.2K
Cap Rate 9%
$224,156
$224.2K
Market Conditions
NOI Build-Up for 1,422 SF
Gross rent
$30.7K $21.60/SF
− Vacancy
−$1.9K −$1.33/SF
EGI
$28.8K $20.27/SF
− OpEx
−$8.6K −$6.08/SF
NOI
$20.2K $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 Rate 5%
$403,480
Cap Rate 7%
$288,200
Cap Rate 9%
$224,156
Alternative Uses
Best Use
Multifamily LT 5
$288.2K
$252.2K – $336.2K
NOI $20,174 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$263.3K
$230.4K – $307.1K
NOI $18,428 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$458.1K
$400.8K – $534.4K
NOI $32,065 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,488
Businesses Nearby
Explore this area
Business Placement
Demographics for 32804, FL
19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate two-bedroom homes sit on a corner parcel in Orlando, with access to I-4 and nearby College Park amenities.
Where is this duplex located?
The property is located at 932 W PRINCETON Street Orlando, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,422 square feet of building area; 0.23‑acre corner lot in Orlando’s College Park area; Each unit has 2 bedrooms, 1 bathroom, and a covered one‑car carport
