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406 E Orange Avenue

Eustis, FL 32726

8 beds
6 baths
4,026 sqft
~1/2 acre lot
$105 per sqft
1919 build
– on site

Welcome to 406 E Orange Ave, a charming, income-producing fixer-upper in the heart of historic Eustis, FL. Priced below market value to reflect the updates needed, this property presents a unique opportunity for investors or owner-occupants ready to bring their vision to life—while gaining instant equity in a prime location. Highlights include a like-new 2023 roof, newly installed irrigation and backflow systems, completed demo, approved architectural plans, and all permits paid for and ready to go for the main unit. Additionally, the second unit has completed demo work along with rough electrical and plumbing already in place, making this property primed for transformation. Execute the current owner’s plans to convert the main structure into two 3-bedroom, 2-bathroom units, and the secondary structure into a 2-bedroom, 2-bathroom apartment or in-law suite—creating three total income-generating units. Located just a short walk from charming downtown Eustis, this home offers close proximity to local shops, dining, parks, and Lake Eustis. The area has seen increased interest from both renters and investors thanks to its walkability, community events, and convenient location near Mount Dora and Tavares. Multifamily homes in Eustis are in high demand, with strong rental potential and limited inventory—making this a rare opportunity to capitalize on the market. Enjoy small-town charm with easy access to major highways connecting you to Orlando and Central Florida’s top attractions. Whether you're looking to house hack, build a profitable rental portfolio, or secure a long-term investment, 406 E Orange Ave is your chance to create something truly special. Schedule your showing today and bring your vision to life!

Listing courtesy of STELLAR_MLS / MARK SPAIN REAL ESTATE

Last checked: Checking… • Last updated Apr 15, 2025 •

MLS# O6298840 —

The Building

Year Built:

1919
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Basement:

Finished
Foundation Details:

Basement
Patio And Porch Features:

Covered
# of Buildings:

2
Building Area Total:

5194
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ninguno
Flooring:

Hardwood
Additional Rooms:

Attic
Fireplace:

true
Fireplace Features:

Living Room

Room Dimensions

Living Area:

4026
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From I4 take exit 90A to merge onto FL-414 W/Maitland Blvd toward Maitland Continue on FL-414 W, then take the exit onto US-441 N/Orange Blossom Trail toward Apopka.? Follow US-441 N for approximately 20 miles, passing through Apopka and into Mount Dora. In Mount Dora, use the right lane to take the FL-19 N ramp to Eustis/Umatilla Merge onto FL-19 N/S Bay St and continue into downtown Eustis Turn right onto E Orange Ave. Proceed for about two blocks; 406 E Orange Ave will be on your right
Latitude:

28.852482
Longitude:

-81.681209
Coordinates:

-81.681209, 28.852482

The Property

Parcel Number:

111926010006400500
Property Type:

Residential Income
Property Subtype:

Triplex
Property Condition:

Fixer
Property Attached:

true
Lot Features:

Corner Lot
Lot Size Acres:

0.4
Lot Size Area:

17424
Lot Size SqFt:

17424
Lot Size Dimensions:

132 x 132
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
View:

false
Exterior Features:

Irrigation System
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

X
Flood Zone Panel:

12069C0356E
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

5,6,7,
Tax Block:

0064
Tax Legal Description:

EUSTIS PB 1 PG 79 LOTS 5 6 7 8 BLK 64 N 1/2 OF VACATED UNNAMED ALLEY LYING S OF LOTS 5 6 7 8 BLK 64 ORB 6179 PG 651
Tax Book Number:

1/79
Tax Annual Amount:

5778.03

Beds

Bedrooms Total:

8

Baths

Total Baths:

6

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Laundry Features:

Laundry Room

Schools

Elementary School:

Eustis Elem
Middle Or Junior School:

Eustis Middle
High School:

Eustis High School

The Community

Subdivision Name:

EUSTIS
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Spa:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Driveway

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/14/25 Apr 14, 2025	Listed / Active	STELLAR_MLS	$425,000	21.4% (12.2% / YR)
7/14/23 Jul 14, 2023		STELLAR_MLS	$350,000	-12.3%
5/12/23 May 12, 2023		STELLAR_MLS	$399,000

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This multifamily located in Downtown Eustis, Eustis, FL 32726 is currently for sale for $425,000. 406 E Orange Avenue is a 4,026 square foot multifamily with 8 beds and 6 baths that has been on Estately for 1 days. 406 E Orange Avenue is in the Downtown Eustis neighborhood of Eustis and has a WalkScore® of 76, making it very walkable. This multifamily is in the attendance area of Eustis Elementary School, Eustis High School, and Eustis Middle School.

Listing Courtesy of: STELLAR_MLS and MARK SPAIN REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.