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2007 Duplex with Separate Utilities
New
For Sale
$249,900

9325 N Travis Drive, Citrus Springs, FL 34434

MULTI_FAMILY - Ranch - Citrus Springs, FL

Property Size1,300 SF
Lot Size0.23 Acres
Price / SF$192.23
Days on Market3

Property Features for 9325 N Travis Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning PDR
Parking features Driveway
Exterior features PavedDriveway
Subdivision Citrus Springs
Lot features Trees
Directions Take US-19 N or Suncoast Parkway (FL-589 N) toward Crystal River Merge onto US-41 N toward Dunnellon Turn left onto Citrus Springs Blvd Turn right onto N Travis Dr Continue until you reach 9325 N Travis Dr (on your route)
Standard status Active
APN 1222923
Size 1,300 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CITRUS SPGS UNIT 1 PB 5 PG 89 LOT 3 BLK 72
Tax Annual Amount 2996
Legal Description CITRUS SPGS UNIT 1 PB 5 PG 89 LOT 3 BLK 72

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2007
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Frame, Stucco
Roof type Asphalt, Shingle
Architectural style Ranch
Listing Agency: Dennis Realty & Investments
Listed By: Carl Stratton · License #657962
Added: Jul 31 Last Checked: Aug 2 at 11:06AM
MLS# 856759

Copyright © 2026 REALTORS Association of Citrus County, Inc. 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 ranch-style duplex was built in 2007 and is described as well-maintained and fully occupied. Each unit offers one bedroom and one bathroom, with private entrances and separate utilities for tenant convenience. Both units include washer and dryer hookups. Unit 1 features granite countertops and luxury plank flooring. Unit 2 has durable vinyl plank flooring installed in 2025. The exterior was painted in 2026.

The property sits on a nearly quarter-acre lot on a paved road with a paved driveway. The building construction is frame with stucco, and it is served by public water with septic tank sewer. Heating and cooling are provided via central electric systems and central air. Asphalt shingle roofing is also noted.

Landlord covers yard maintenance, while tenants pay their own utilities, supporting a straightforward management setup. The duplex backs up to conservation area for added privacy.

Key Highlights

  • Built in 2007 ranch‑style duplex described as fully occupied
  • Two units each with one bed and one bath plus private entrances and separate utilities
  • Unit 1 upgraded with granite countertops and luxury plank flooring

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 $17.9k $13.80
− Vacancy −$987 −$0.76
EGI $17.0k $13.04
− OpEx −$5.1k −$3.91
NOI $11.9k $9.13
1,300 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$169.5K
$148.3K – $197.8K (±1% cap)
NOI $11,867 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$155.5K
$136.1K – $181.5K (±1% cap)
NOI $10,888 @ 7.0% cap · market cap 4.36%
Theoretical Best
Specialty Retail
$292.1K
$255.6K – $340.8K (±1% cap)
NOI $20,448 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Restaurant Carpet & Flooring Store Computer & Electronic Repair Real Estate Agency

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 34434, FL

9,582
Population
4,559
Households
2.1
Avg Household Size
47
Median Age
17%
College-Educated
90%
High-School Grad
26.3 sq mi
ZIP Area
364
Density / Sq Mi
$56,553
Median Household Income
$35,245
Median Earnings
$1,226
Median Rent
$211,500
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?
Duplex - Well-maintained duplex with two private entrances, separate utilities, and updated unit flooring and exterior paint.
Where is this duplex located?
The property is located at 9325 N Travis Drive Citrus Springs, FL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Built in 2007 ranch‑style duplex described as fully occupied; Two units each with one bed and one bath plus private entrances and separate utilities; Unit 1 upgraded with granite countertops and luxury plank flooring
More about this property
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