$460,000
$465,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
318 S CLAKE ST Deland, FL 32720
4 Beds
4 Baths
2,221 SqFt
Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,221 sqft
Price per Sqft $207
Subdivision Clakes Blk 14 Howrys Add Deland
MLS Listing ID V4947850
Sold Date 05/29/26
Bedrooms 4
Construction Status Completed
HOA Y/N No
Year Built 1941
Annual Tax Amount $4,604
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Triplex
Source Stellar MLS
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.
Location
State FL
County Volusia
Community Clakes Blk 14 Howrys Add Deland
Area 32720 - Deland
Zoning 1210-MIXED
Interior
Interior Features Attic Ventilator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments
Heating Central
Cooling Central Air, Mini-Split Unit(s)
Fireplaces Type Decorative
Fireplace true
Laundry Common Area, In Kitchen
Exterior
Exterior Feature Private Yard, RV Hookup
Community Features Street Lights
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected
Roof Type Metal,Shingle
Garage false
Private Pool No
Building
Entry Level Multi/Split
Foundation Crawlspace, Pillar/Post/Pier, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Cedar,Frame
New Construction false
Construction Status Completed
Schools
Elementary Schools Blue Lake Elem
Middle Schools Deland Middle
High Schools Deland High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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