318 S CLAKE STREET at

318 S CLAKE STREET

For sale Days on market 22

$465,000

$209/sq ft

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Overview

Bedroom

Year Built

1941

Sqft

2221

Property Type

Triplex

Property Description

Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place—Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.

Property Details

MLS#

V4947850

Address

318 CLAKE S

City

Deland

State/county

Zip/Postal Code

32720

Area

Clakes Blk 14 Howrys Add Deland

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,604

Maint Fee

$--

Tax Year

2025

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