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Listing provided courtesy of ROCK SPRINGS REALTY, LLCas Distributed by MLSGrid- MLS# MFRG5108016MLS Provider

422 E CITRUS AVENUEEUSTIS, FL 32726

Multi-Family · 5 Beds · 2,841 Sq. ft. | 0.29 Acres
$490,000 Active

422 E CITRUS AVENUE Overview

Time on Site:
125 days
Visits:
0

ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.74% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. This TURNKEY investment opportunity is 100% Occupied and All Tenants are on Annual Leases. No HOA. City of Eustis water & sewer. Unit Profile: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch. (2) Dedicated Parking Spaces per unit. All units are in good operating condition! The property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. PLEASE DO NOT ENGAGE OR DISTURB TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Agent only. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.

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422 E CITRUS AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,841
  • Price/Sq.ft. $172
  • Lot 0.29 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Eustis Elem
  • Middle Or Junior School: Eustis Middle
  • High School: Eustis High School

Income/Expenses

  • Gross Income: 47220

Building Information

  • New Construction: No
  • Year Built: 1884

Location/Region

  • Country: US
  • County Or Parish: Lake
  • MLS Area Major: 32726 - Eustis
  • Subdivision Name: EUSTIS
  • Township: 19

Community/Development

  • Community Features: Sidewalks,Street Lights

Rent/Lease Information

  • Lease Term: Twelve Months
  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: 3915
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 11-19-26-0100-076-00401
  • Pets Allowed: Breed Restrictions,Number Limit,Size Limit,Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: SR

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3205
  • Building Area Units: Square Feet

General Information

  • Appliances: Electric Water Heater,Range,Range Hood,Refrigerator
  • Cooling: Mini-Split Unit(s)
  • Fireplace: No
  • Flooring: Carpet,Ceramic Tile,Laminate,Wood
  • Foundation Details: Crawlspace
  • Heating: Central,Electric
  • Interior Features: Built-in Features,Ceiling Fans(s),Eat-in Kitchen,Kitchen/Family Room Combo,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Solid Wood Cabinets,Split Bedroom,Thermostat,Walk-In Closet(s),Window Treatments
  • Laundry Features: None
  • Levels: Two
  • Living Area: 2841
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Window Features: Window Treatments

Exterior

Parking Information

  • Parking Features: Guest,Reserved

Lot Information

  • Additional Parcels: No
  • Lot Features: City Limits,Level,Near Public Transit,Sidewalk,Paved
  • Lot Size Acres: 0.29
  • Lot Size Dimensions: 55x234
  • Lot Size Square Feet: 12749
  • Number Of Lots: 1
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame
  • Patio And Porch Features: Front Porch,Patio,Rear Porch,Screened
  • Property Attached: No
  • Roof: Metal,Shingle

General Information

  • Carport: No
  • Exterior Features: Lighting,Sidewalk
  • Number Of Units Total: 4
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected

422 E CITRUS AVENUE Neighborhood

Community

32726 (EUSTIS) Demographics

39
Median Age
1,683
Population Density (per sq. mile)
27%
College Educated
$50,439
Estimated Median Income
5,908
Estimated Total Home Owners
3,193
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

422 E CITRUS AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

422 E CITRUS AVENUE Market Data

Based on the last 30 days in this zip code

$374,880
Average List Price
$199
Average Price per Square Foot
31
Properties Sold
108
Average Days on Market
179
Properties for Sale
Calculations provided by Reliance Network

422 E CITRUS AVENUE History

Date Event Value Agent
2/17/2026Source: My Florida Regional MLS Added to Database
February 17, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022