Introducing a rare-to-market tri-plex that offers an exceptional “turn-key” investment opportunity in the heart of Orlando’s bustling Milk District! Situated on a large, picturesque corner lot, this multi-family property currently generates $66,000 in gross revenue per year and is divided into a duplex with a detached ADU and boasts plenty of street and driveway parking.The spacious two-bedroom, one-bathroom unit was updated in 2022 with new cabinets, quartz countertops, carpet, bathroom vanity, and fresh paint. The one-bedroom, one-bathroom unit features newer kitchen cabinets and countertop, quality appliances and a fireplace. The duplex shares central AC, which was replaced in 2023. The quaint and cozy detached studio ADU includes tile floor, renovated bathroom, AC installed in 2024 and a new water heater from 2023. All units share an on-site laundry room equipped with a new washer and dryer replaced in 2024. A highlight of this property is the shared courtyard, featuring a bird fountain, creating a common area perfect for camaraderie and gatherings. LOCATION, LOCATION, LOCATION defines this incredible investment! Just steps away from core Milk District establishments such as Sideward Brewing, Otto’s, and Stasio’s Italian Kitchen, this property is easily walkable to cultural events at Festival Park & the Plaza Live, as well as Thornton Park & Lake Eola. Enjoy convenient shopping at Colonial Town Plaza, grocery options like Publix & Aldi, gyms, trendy coffee shops, and more! Plus, with easy access to the 408 Expressway, you’re just a 20-25 minute drive from Orlando International Airport. This property has proven itself as an excellent long-term investment with high gross rents with additional room for growth, strong property price appreciation, low vacancy rates and very low operating costs. Don’t miss out on this exciting opportunity—schedule your showing today and explore all the benefits and features this incredible property has to offer!
Property Details
Price:
$899,000
MLS #:
O6277599
Status:
Active
Beds:
4
Baths:
3
Address:
1921 E JEFFERSON STREET
Type:
Multi Family
Subtype:
Triplex
Subdivision:
ROSARDEN REP
Neighborhood:
32803 – Orlando/Colonial Town
City:
ORLANDO
Listed Date:
Feb 4, 2025
State:
FL
Finished Sq Ft:
2,159
Total Sq Ft:
2,159
ZIP:
32803
Lot Size:
8,389 sqft / 0.19 acres (approx)
Year Built:
1940
Units:
3
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Schools
Elementary School:
Lake Como Elem
Middle School:
Lake Como School K-8
High School:
Edgewater High
Interior
Appliances
Microwave, Range, Refrigerator
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Electric
Laundry Features
Common Area
Exterior
Construction Materials
Block, Concrete
Exterior Features
Awning(s), Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$8,878
Map
Community
- Address1921 E JEFFERSON STREET ORLANDO FL
- SubdivisionROSARDEN REP
- CityORLANDO
- CountyOrange
- Zip Code32803
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1921 E JEFFERSON STREET
ORLANDO, FL
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