415 N Fern Creek Ave Orlando, FL 32803
Colonialtown South NeighborhoodEstimated payment $6,773/month
Total Views
23,934
9
Beds
6
Baths
2,539
Sq Ft
$423
Price per Sq Ft
Highlights
- Additional Residence on Property
- Closet Cabinetry
- Living Room
- No HOA
- Courtyard
- Laundry closet
About This Home
Rare Investment Opportunity in Downtown Orlando – Multi-Family Quad Unit!
Don't miss out on this unique and highly lucrative investment property in the heart of Downtown Orlando! This multi-family quad unit is listed as a single parcel, yet consists of two separate structures, offering a total of four occupied units. All units come with renewed leases, providing immediate cash flow and a hassle-free investment opportunity.
413: 2 Bed, 1 Bath – Lease through 12/31/25 at $1500/month
415: 1 Bed, 1 Bath – Lease through 3/31/26 at $1345/month
417: 3 Bed, 2 Bath – Lease through 5/31/26 at $2050/month
419: 3 Bed, 2 Bath – Recently renovated, listed for rent at $2400/month
Potential Rental Income: $7300/month
This property is a turn-key investment with no additional upgrades needed. The units are well-maintained with a termite bond and pest control contract in place through 2025. The roofs were replaced in 2016 for units 413 & 415, while units 417 & 419 have a roof replaced in 2008. A 2024 appraisal supports the asking price, providing solid value for buyers.
Key Features:
Prime Downtown Orlando location
Turnkey, fully-leased multi-family investment
Excellent rental income potential
Termite bond and pest control contract
No additional investment required!
This property is an exceptional opportunity for investors seeking stable cash flow in one of Orlando's most desirable areas. With long-term leases in place and great tenants, it's a perfect addition to any real estate portfolio.
Listing Agent
DON ASHER & ASSOCIATES, INC. Brokerage Phone: 407-425-4561 License #3261483 Listed on: 04/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,830
Year Built
- Built in 1925
Lot Details
- 7,020 Sq Ft Lot
- West Facing Home
- Property is zoned O-1/T
Home Design
- Split Level Home
- Slab Foundation
- Shingle Roof
- Wood Siding
- Block Exterior
- Stone Siding
- Vinyl Siding
Interior Spaces
- 2,539 Sq Ft Home
- 2-Story Property
- Living Room
- Security Lights
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- Closet Cabinetry
- 6 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Schools
- Lake Como Elementary School
- Lake Como School K-8 Middle School
- Edgewater High School
Additional Features
- Courtyard
- Additional Residence on Property
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Brookshire Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 2 / B
- Assessor Parcel Number 30-22-30-0936-02-020
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 | $9,830 | $483,890 | -- | -- |
| 2024 | $9,023 | $483,890 | -- | -- |
| 2023 | $9,023 | $662,824 | $185,000 | $477,824 |
| 2022 | $8,046 | $571,861 | $170,000 | $401,861 |
| 2021 | $6,711 | $406,515 | $165,000 | $241,515 |
| 2020 | $5,949 | $375,038 | $168,480 | $206,558 |
| 2019 | $5,251 | $273,144 | $113,864 | $159,280 |
| 2018 | $5,276 | $271,538 | $113,864 | $157,674 |
| 2017 | $5,273 | $268,735 | $113,864 | $154,871 |
| 2016 | $5,140 | $262,042 | $110,565 | $151,477 |
| 2015 | $4,900 | $252,390 | $110,565 | $141,825 |
| 2014 | $4,557 | $233,127 | $109,863 | $123,264 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | For Sale | $1,075,000 | -- | $299 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,600 | Fannie Mae Freddie Mac | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $88,000 | Credit Line Revolving | |
| Closed | $130,300 | Unknown |
Source: Public Records
Similar Homes in Orlando, FL
Source: Stellar MLS
MLS Number: O6296532
APN: 30-2230-0936-02-020
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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