Sold

318 S CLAKE St, DeLand, FL 32720

Beds
4
Baths
4
Sqft
2,221

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCentury 21 Sundance Realty
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
4
Square feet
2,221
Lot size (acres)
0.34
Year built
1941

Interior features

Laundry
Common Area, In Kitchen

Utilities

Heating
Central
Cooling
Multi-split AC, Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$4,604

Public schools

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Sourced from: Stellar MLS MLS®#: V4947850 Last checked:

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