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    Eustis, FL Multifamily Properties for Sale

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    Eustis Investment Opportunity
    Updated: Apr 24
    Eustis Investment Opportunity

    422 & 426 E CITRUS Ave, Eustis, FL 32726

    $980,000
    5,797 sqft 0.62 AC lot
    Turnkey investment opportunity with 100% occupancy and over $97,000 annual cash flow, providing an attractive 6.64% CAP rate.
    Two quadplex buildings (8 apartment units total) plus 4 storage units, all generating income.
    Fully remodeled and updated units: Building 422 in 2018 and Building 426 in 2019.
    Excellent location: Historic district of Eustis, just 3 blocks from downtown, and walking distance to amenities.
    No HOA and ample parking: .62 acres with two dedicated parking spaces for each unit.
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    This listing looks promising.

    Here's a quick look at some key insights for

    422 & 426 E CITRUS Ave, Eustis, FL 32726

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $77K
      Annual

    • Mortgage

      $131K
      Oct 2017

    • Last Sold

      Oct 2017
      $175K

    • Property Type

      Quadplex
      Built 1884
    View Property Analytics
    EUSTIS Multifamily Investment Opportunity
    Updated: Dec 24, 2025
    EUSTIS Multifamily Investment Opportunity

    205 S GROVE STREET, Eustis, FL 32726

    $749,000
    4,066 sqft 0.40 AC lot
    Fully occupied 7‑unit multifamily property generating $7,210 monthly gross rent.
    Offered at nearly a 10% cap rate after taxes and insurance, providing attractive cash flow.
    Fully renovated, reducing near‑term capital expenditure needs.
    100% occupied, offering instant returns with no lease‑up period.
    Convenient location within the Eustis rental market near amenities, employment, and major roadways.
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    EUSTIS Quadplex Investment Opportunity
    EUSTIS Quadplex Investment Opportunity

    422 E CITRUS AVENUE, Eustis, FL 32726

    $490,000
    2,841 sqft 0.29 AC lot

    Quadplex in Eustis historic district, 100% occupied, turnkey investment.

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    EUSTIS Quadplex with Storage Units
    EUSTIS Quadplex with Storage Units

    426 E CITRUS AVENUE, Eustis, FL 32726

    $490,000
    2,304 sqft 0.32 AC lot

    Quadplex with four storage units in historic Eustis, Florida.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    EUSTIS Duplex: Income Opportunity
    EUSTIS Duplex: Income Opportunity

    206 OSCEOLA AVENUE, Eustis, FL 32726

    $329,900
    2,477 sqft 0.19 AC lot

    Income-producing duplex in Eustis near downtown, shopping, and schools.

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    Renovated Triplex Income Property
    Renovated Triplex Income Property

    301 E ATWATER AVENUE, Eustis, FL 32726

    $430,000
    2,341 sqft 0.23 AC lot

    Two-building, three-unit setup with new roofs and updated interiors, suited for residential income buyers.

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    Multi-Family 5+ - EUSTIS, FL
    Multi-Family 5+ - EUSTIS, FL

    422 & 426 E CITRUS AVENUE, Eustis, FL 32726

    $980,000
    5,203 sqft 0.62 AC lot

    Apartment buildings · 5,203 SF

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    Eustis Multifamily Investment Opportunity
    Eustis Multifamily Investment Opportunity

    205 S GROVE St, Eustis, FL 32726

    $749,000

    Fully occupied, renovated 7-unit property generating strong monthly income.

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    Eustis Quad-Plex with Storage Units
    Eustis Quad-Plex with Storage Units

    426 E CITRUS Ave, Eustis, FL 32726

    $490,000

    Turnkey investment opportunity: quad-plex plus four storage units.

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    Eustis Triplex Investment Opportunity
    Eustis Triplex Investment Opportunity

    525 E ORANGE AVENUE, Eustis, FL 32726

    $429,000
    2,386 sqft

    Income-producing triplex near downtown Eustis with strong rental potential.

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    Eustis Home in 55+ Community
    Eustis Home in 55+ Community

    115 PALM DRIVE, Eustis, FL 32726

    $65,000
    1,344 sqft 0.14 AC lot

    Home in Country Club Manor with lake access and amenities.

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    Eustis 55+ Community Home
    Eustis 55+ Community Home

    153 BYWOODS DRIVE, Eustis, FL 32726

    $68,500
    612 sqft 0.09 AC lot

    One bedroom home in a desirable 55+ community.

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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 12 Active listings in Eustis, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tavares Multifamily Community For Sale
    Tavares Multifamily Community For Sale

    1000 E CAROLINE St, Tavares, FL 32778

    $3,600,000
    32,000 sqft 3.56 AC lot

    40-unit multifamily community with HUD-backed rental income in Tavares, Florida.

    View details
    Umatilla Investment Opportunity For Sale
    Umatilla Investment Opportunity For Sale

    37415 STATE ROAD 19, Umatilla, FL 32784

    $899,000
    1,920 sqft 1.10 AC lot

    Two buildings, almost fully leased, on 1.17 acres.

    View details
    Tavares Triplex Investment Opportunity
    Tavares Triplex Investment Opportunity

    708 N SAINT CLAIR ABRAMS Ave, Tavares, FL 32778

    $374,900

    Income-producing triplex with rental upside in a growing area.

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    Umatilla Multifamily and Commercial Property
    Umatilla Multifamily and Commercial Property

    37415 STATE ROAD 19, Umatilla, FL 32784

    $899,000
    1.10 AC lot

    Two buildings with income potential in Umatilla, Florida.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Buildable Lot in 55+ Community
    Buildable Lot in 55+ Community

    37815 MAYWOOD BAY DRIVE, Leesburg, FL 34788

    Contact for pricing
    0.13 AC lot

    Vacant lot in Lake Yale Estates, ready for manufactured home.

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    Residential Land in Lady Lake
    Residential Land in Lady Lake

    CASAURINA ROAD, Lady Lake, FL 32159

    Contact for pricing
    0.20 AC lot

    Ideal location for building a dream home near amenities.

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    Land Near Ocala National Forest
    Land Near Ocala National Forest

    0 SE 141ST PLACE, Umatilla, FL 32784

    Contact for pricing
    0.37 AC lot

    Residential land near Ocala National Forest suitable for houses/mobile homes.

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    Land Ready For Your Project
    Land Ready For Your Project

    Spring Lake Road, Fruitland Park, FL 34731

    $47,800
    0.31 AC lot

    0.3122-acre lot zoned R-7, ready for your dream project.

    View details

    Off-Market Properties in Eustis, FL

    Consider similar Off-Market properties in Eustis, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Orange Ave
    Multifamily properties

    0 Orange Ave, Eustis, FL 32726

    Value Estimation by Request
    17.50 AC lot
    View details
    100 Dewey St
    Multifamily properties

    100 Dewey St, Eustis, FL 32726

    Value Estimation by Request
    0.47 AC lot
    View details
    426 Citrus Ave
    Multifamily properties

    426 Citrus Ave, Eustis, FL 32726

    Value Estimation by Request
    5,797 sqft
    View details
    26 Kristin Ln
    Multifamily properties

    26 Kristin Ln, Eustis, FL 32726

    Value Estimation by Request
    2,444 sqft 0.26 AC lot
    View details

    Eustis, FL Multifamily Properties Market Trends and Statistics

    Explore 16 multifamily properties for sale in Eustis, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 29,371 square feet of properties for sale, with an estimated market value of $5,011,400.

    Sale prices for multifamily properties in Eustis, FL start at $65,000, averaging $501,140, and reaching up to $980,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 4
    Apartment buildings 3
    Duplexes 2
    Mobile home & RV parks 2
    Triplexes 1

    Demographics Overview

    Population 35K
    Population Growth (5Y) +11.7%
    Median Household Income $68,253
    College Educated 18.7%

    High-Yield Neighborhoods for Investment

    Identify Eustis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32726 $551.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.83%
    Property Tax per SF $39.76 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

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