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Duplex with Attached Garage
For Sale
$229,000

94 E 18TH Street, Apopka, FL 32703

Residential, APOPKA, FL

Property Size1,253 SF
Lot Size0.16 Acres
Price / SF$182.76
Days on Market49

Property Features for 94 E 18TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Parking features Driveway
Pets allowed Yes
Interior features Walk-In Closet(s)
Exterior features Sidewalk
Appliances Dishwasher, Range, Refrigerator
Subdivision NOT IN SUBDIVISION
Lot features Sidewalk
Middle school Wolf Lake Middle
High school Apopka High
Directions From Hwy 414, take the exit toward US-441 / Orange Blossom Trail. Turn north onto US-441 (Orange Blossom Trail). Continue for about 2 miles. Turn right onto E 18th Street. Continue a short distance - 94 E 18th St will be on your left.
Standard status Active
APN 16-21-28-0000-00-272
Size 1,253 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THE EAST 50.80 FT OF THE FOLLOWING DESCPROPERTY N1/2 OF SE1/4 OF NE1/4 OF SE1/4 OF SE1/4 OF SEC 16-21-28 ( LESS THE N& E 30 FT FOR RD R/W)
Tax Annual Amount 1105
Legal Description THE EAST 50.80 FT OF THE FOLLOWING DESCPROPERTY N1/2 OF SE1/4 OF NE1/4 OF SE1/4 OF SE1/4 OF SEC 16-21-28 ( LESS THE N& E 30 FT FOR RD R/W)

Utilities

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

Building Details

Year built 2006
Floors in Building 1
Flooring type Carpet, Tile
Building materials Concrete
Roof type Shingle
Listing Agency: REALTY EXPERTS
Listed By: Jenee Solomon · License #3339081
Added: Aug 20 Changed: Sep 28 Last Checked: Oct 7 at 10:06AM
MLS# TB8541300

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.

This R-2-zoned duplex was built in 2006 and provides 1,253 square feet of interior space on a 0.16-acre parcel. The layout includes three bedrooms, two bathrooms, a divided bedroom arrangement, and a combined living and dining area. Interior features include a walk-in closet, tile and carpet flooring, electric heat, and central air conditioning.

The property has an attached one-car garage, driveway parking, concrete construction, a shingle roof, and a sidewalk. Appliances include a dishwasher, range, and refrigerator. Public water and a septic tank serve the property, while the address is in Apopka, Florida 32703.

Key Highlights

  • 1,253‑square‑foot duplex on a 0.16‑acre parcel
  • Built in 2006 with concrete construction and a shingle roof
  • Three bedrooms and two bathrooms with a split‑bedroom layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,712
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,240 $334.2K
Cap Rate 7%
$238,743 $238.7K
Cap Rate 9%
$185,689 $185.7K
Market Conditions
NOI Build-Up for 1,253 SF
Gross rent
$25.6K $20.40/SF
− Vacancy
−$1.7K −$1.35/SF
EGI
$23.9K $19.05/SF
− OpEx
−$7.2K −$5.72/SF
NOI
$16.7K $13.34/SF
Area
Orange County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,240
Cap Rate 7%
$238,743
Cap Rate 9%
$185,689

Alternative Uses

Best Use
Multifamily LT 5
$238.7K
$208.9K – $278.5K (±1% cap)
NOI $16,712 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$219.8K
$192.3K – $256.5K (±1% cap)
NOI $15,387 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$356.6K
$312.0K – $416.0K (±1% cap)
NOI $24,960 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Pharmacy Dental Office

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

Demographics for 32703, FL

54,805
Population
22,033
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
87%
High-School Grad
32.1 sq mi
ZIP Area
1,707
Density / Sq Mi
$70,338
Median Household Income
$42,031
Median Earnings
$1,579
Median Rent
$314,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - R-2-zoned duplex with central air, public water, and a septic system in Apopka.
Where is this duplex located?
The property is located at 94 E 18TH Street Apopka, FL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 1,253‑square‑foot duplex on a 0.16‑acre parcel; Built in 2006 with concrete construction and a shingle roof; Three bedrooms and two bathrooms with a split‑bedroom layout
More about this property
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