315 Fairlane Ave Orlando, FL 32809
Oak Ridge NeighborhoodEstimated payment $2,196/month
Total Views
363
4
Beds
2
Baths
1,760
Sq Ft
$204
Price per Sq Ft
Highlights
- Property is near public transit
- No HOA
- Outdoor Storage
- Solid Surface Countertops
- Double Pane Windows
- Central Heating and Cooling System
About This Home
Prime Investment Opportunity in Orlando!
Welcome to 315 Fairlane Ave, a well-maintained duplex ideally located in the heart of Orlando! Offering a combination of modern updates and excellent rental potential, this property is a must-see for savvy investors or those looking to house hack.
Location, Location, Location:
Nestled in a highly sought-after area, this duplex is just minutes from Downtown Orlando, SoDo, and the Orlando International Airport. Whether you’re commuting or enjoying local dining, shopping, and entertainment, the location couldn’t be more convenient. Plus, with easy access to public transportation, you’ll never be far from anything you need!
Income-Producing Units:
Both units are designed for income generation. One side has been rented to a reliable tenant since 2018, with their lease set to expire in February. The other side is move-in ready and expected to generate a minimum of $1,500 per month in rental income. This makes for an excellent opportunity to start earning right away.
Modern Living Spaces:
Each unit features 2 bedrooms, 1 bathroom, and an open kitchen/living area that maximizes space and functionality. The remodeled unit boasts a brand-new kitchen, updated flooring, stylish ceiling fans, and a modernized bathroom – all the work has been done for you! The vacant unit is completely move-in ready with new finishes throughout.
Private and Practical:
Each unit comes with its own fenced yard and a 1-car carport with additional driveway parking. Plus, with an outside laundry room and a new hot water heater, maintenance is a breeze!
Maintenance-Free Living:
This property has been thoughtfully updated with a newer roof (2021), new hot water heaters (2025), new HVAC systems (2025), complete re-plumbing, and energy-efficient double-paned windows. It’s ready to go with minimal upkeep, ensuring long-term value and peace of mind for the next owner.
Whether you’re a first-time investor or looking to add to your portfolio, this property is ready to deliver immediate returns. Don’t miss out on this exceptional opportunity – schedule your showing today!
Listing Agent
CHARLES RUTENBERG REALTY ORLANDO Brokerage Phone: 407-622-2122 License #3365112 Listed on: 08/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,695
Year Built
- Built in 1959
Lot Details
- 6,572 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Block Foundation
- Concrete Siding
Interior Spaces
- 1,760 Sq Ft Home
- Ceiling Fan
- Double Pane Windows
- Walk-Up Access
Kitchen
- Range
- Recirculated Exhaust Fan
- Solid Surface Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in Garage
- Electric Dryer Hookup
Parking
- 2 Carport Spaces
- Driveway
- On-Street Parking
Outdoor Features
- Outdoor Storage
- Private Mailbox
Location
- Property is near public transit
Schools
- Lancaster Elementary School
- Judson B Walker Middle School
- Oak Ridge High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / 1
- Assessor Parcel Number 24-23-29-0192-01-070
Community Details
Overview
- No Home Owners Association
- 2,200 Sq Ft Building
- W R Annos Add Subdivision
Pet Policy
- Dogs and Cats Allowed
Building Details
- Operating Expense $8,363
- Gross Income $36,000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,695 | $130,909 | -- | -- |
| 2024 | $2,424 | $130,909 | -- | -- |
| 2023 | $2,424 | $130,213 | $75,000 | $55,213 |
| 2022 | $2,129 | $106,874 | $65,000 | $41,874 |
| 2021 | $1,948 | $89,413 | $53,000 | $36,413 |
| 2020 | $1,789 | $84,413 | $48,000 | $36,413 |
| 2019 | $1,855 | $84,327 | $40,000 | $44,327 |
| 2018 | $1,839 | $87,191 | $40,000 | $47,191 |
| 2017 | $1,659 | $72,807 | $23,000 | $49,807 |
| 2016 | $1,526 | $65,264 | $15,000 | $50,264 |
| 2015 | $1,524 | $63,541 | $15,000 | $48,541 |
| 2014 | $1,715 | $78,814 | $12,000 | $66,814 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $359,900 | -- | $204 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $65,500 | Southern Title & Abstra | |
| Warranty Deed | $61,000 | Attorney |
Source: Public Records
Similar Homes in Orlando, FL
Source: Stellar MLS
MLS Number: O6333026
APN: 24-2329-0192-01-070
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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