$299,900
Pending · 193 days on market · MLS# MFRO6376348
| Bedrooms | 4 |
|---|---|
| Living area | 1,817 sq ft |
| Lot size | 0.23 acres |
| Year built | 1959 |
| Property type | Duplex |
| Garage spaces | 2 |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $4,414 |
| County | Volusia |
143 E. South Street, DeLand, FL 32724 is a duplex (2 units) on a 100’ x 100’ lot (~0.23 acres) in a highly walkable, in-town DeLand location—minutes to Downtown dining, Stetson University area, shopping, and major corridors with monthly gross cash flow of $2,535. The property offers a clean value-add / long-term hold play: stabilize operations, raise rents to market, and improve unit interiors/exteriors over time to drive NOI. With 1,817 SF total living area, you’ve got a flexible layout that can support strong tenant demand in the DeLand rental market. Property is ideal for investors targeting cash flow + appreciation in a central Volusia County location. Recent improvements included a new roof in 2021, window replacements, drainfield replacement.
Listing courtesy of Logan Wilson, RLW REALTY. Presented by MC Homes Realty Inc · 727432218.