Under contract-accepting backup offers. This offering presents a rare opportunity to acquire a 4-unit income-producing property in the highly sought-after Casselberry submarket of the Orlando MSA. Situated on an expansive 0.85-acre parcel, the property consists of four detached rental homes with durable masonry construction, newer roofs (approximately 4 years old), and a strong history of occupancy.
The asset provides stable in-place income with a current rent roll of approximately $71K annually, while offering clear value-add potential through rent growth. Current average rents are below market at approximately $1,650 per unit, with comparable properties supporting higher rent rate per unit, creating a straightforward path to increase income and overall asset value.
Operationally, the property benefits from favorable insurance costs (~$6K/year) and minimal near-term capital expenditure requirements, making it a low-risk, easy-to-manage investment. The combination of strong fundamentals, below-market rents, and a large land component positions this asset as an ideal opportunity for investors seeking stable cash flow with upside in a high-growth Central Florida market.
MLS #:
O6393398
Taxes
$9,907(2024)
Lot Size
0.85 acres
Type
Multifamily
Year Built
1948
County
Seminole County
Listed By
Bo Julian, Julian Properties, Inc., Contact: 407-291-4900
Source STELLAR Last checked Jul 11 2026 at 1:11 AM EDT
Bathroom Details
Interior Features
Other
Subdivision
Central Park Add
Lot Information
City Limits
Paved
Property Features
Foundation: Slab
Heating and Cooling
Central
Central Air
Exterior Features
Block
Roof: Shingle
Utility Information
Utilities: Cable Available, Water Connected, Water Source: Public
Sewer: Public Sewer, Other
School Information
Elementary School: Casselberry Elementary
Middle School: Milwee Middle
High School: Winter Springs High
Living Area
4,040 sqft
Additional Information: Julian Properties, Inc. | 407-291-4900
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Beggins Enterprises and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Based on information submitted to the MLS GRID as of 7/10/2026 21:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The asset provides stable in-place income with a current rent roll of approximately $71K annually, while offering clear value-add potential through rent growth. Current average rents are below market at approximately $1,650 per unit, with comparable properties supporting higher rent rate per unit, creating a straightforward path to increase income and overall asset value.
Operationally, the property benefits from favorable insurance costs (~$6K/year) and minimal near-term capital expenditure requirements, making it a low-risk, easy-to-manage investment. The combination of strong fundamentals, below-market rents, and a large land component positions this asset as an ideal opportunity for investors seeking stable cash flow with upside in a high-growth Central Florida market.