450 S Hill Avenue, Deland, FL 32724
- $329,900
- 4
- BD
- 4
- BA
- 1,740
- SqFt
- List Price
- $329,900
- Status
- Active
- Days on Market
- 1
- MLS#
- G5117012
- Property Style
- Duplex
- Year Built
- 1988
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 1,740
- Lot Size
- 5,168
- Acres
- 0.12
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Smathers Blk 173 Deland
- MLS Area Major
- Deland
Property Description
Income-Producing Deland Duplex Near Downtown Great investment opportunity in a desirable Deland location close to downtown! This duplex features **two spacious 2-bedroom, 2-bath units**, with each side offering approximately **870 square feet of living space** and its own **1-car detached garage**. One unit has already received some renovations, while the other offers an opportunity for the new owner to update and add value. The current owner has intentionally kept rents below market at just **$700 per month per side**, while similar units on the same street are reportedly renting for approximately **$1,500–$1,700 per month**. Current leases expire in **June 2027**, providing an excellent opportunity for a new owner to reposition the property and increase rental income. With a convenient location near downtown Deland, solid unit sizes, private garages, and significant rental upside, this property offers an attractive opportunity for investors looking for **long-term income potential and value-add upside**. Whether you choose to renovate and increase rents or hold as a long-term investment, this duplex is worth a look!
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Additional Information
- Taxes
- $1902
- Annual Gross Income
- 16800
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- 05R2
- Interior Layout
- Eat-in Kitchen
- Interior Features
- Eat-in Kitchen
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- None
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Garage
- Garage Spaces
- 1
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 7015-18-02-0110
- Legal Description
- N 1/2 OF LOT 11 BLK B SMATHERS SUB BLK 173 DELAND MB 23 PG 202 PER OR 3527 PG 1049 PER OR 8391 PG 0855 PER OR 8510 PG 4126
Listing courtesy of WORTH CLARK REALTY. 352-988-7777
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