$247,000

Estimated payment $1,576/month

Total Views 63
3 Beds
-- Bath
1,125 Sq Ft
$220 Price per Sq Ft

Highlights

  • Popular Property
  • Cooling System Mounted To A Wall/Window
  • West Facing Home
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Welcome to 421 Butler Street, a charming duplex located in the heart of Melbourne, Florida! This income-producing property offers a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. The duplex features two separate units with a total of 3 bedrooms and 2 full bathrooms. Each unit offers comfortable living spaces, functional layouts, and the convenience of being close to downtown Melbourne, shopping, dining, schools, and major roadways. Enjoy the flexibility of rental income potential or the ability to live in one unit while renting the other. Situated on a desirable lot in an established neighborhood, this property provides both convenience and opportunity in a growing area. Don't miss your chance to own a versatile duplex in a prime Melbourne location!

Listing Agent

Thomas Taranto

Keller Williams Realty Brevard License #3096946 Listed on: 07/28/2026

Keller Williams Realty Brevard

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • West Facing Home
  • Few Trees

Home Design

  • Duplex
  • Membrane Roofing
  • Concrete Siding
  • Asphalt

Interior Spaces

  • 3 Bedrooms
  • 1,125 Sq Ft Home
  • 1-Story Property

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 27-37-28-76-00000.0-0292.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Indian River Bluff No 3 Subdivision

Building Details

  • Operating Expense $2,660
  • Gross Income $25,200
  • Net Operating Income $22,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,770

Year Built

Built in 1955

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Few Trees
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian River Bluff No 3
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Marketing Remarks:Marketing Remarks: Welcome to 421 Butler Street, a charming duplex located in the heart of Melbourne, Florida! This income-producing property offers a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. The duplex features two separate units with a total of 3 bedrooms and 2 full bathrooms. Each unit offers comfortable living spaces, functional layouts, and the convenience of being close to downtown Melbourne, shopping, dining, schools, and major roadways. Enjoy the flexibility of rental income potential or the ability to live in one unit while renting the other. Situated on a desirable lot in an established neighborhood, this property provides both convenience and opportunity in a growing area. Don't miss your chance to own a versatile duplex in a prime Melbourne location!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Membrane
  • Acres: 0.1399
  • Pool Private: No
  • Construction Type: Concrete
  • Direction Faces: West

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Multi-Family, Residential
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-28-76-00000.0-0292.00

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2770.48

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25200.0
  • Annual Operating Expense: 2659.66

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,770 $180,000
2024 $2,486 $180,000
2023 $2,486 $180,000 $0 $0
2022 $2,099 $150,000 $0 $0
2021 $1,734 $89,040 $16,750 $72,290
2020 $1,625 $84,770 $16,750 $68,020
2019 $1,564 $80,730 $16,750 $63,980
2018 $1,513 $77,000 $0 $77,000
2017 $1,419 $69,000 $0 $69,000
2016 $1,371 $63,000 $0 $0
2015 $1,277 $50,600 $16,000 $34,600
2014 $1,140 $46,000 $16,000 $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2026 07/28/26 For Sale $247,000 0.0% $220 / Sq Ft
08/15/2016 08/15/16 Rented $550 0.0% --
05/31/2016 05/31/16 For Rent $550 +10.0% --
05/29/2015 05/29/15 Rented $500 0.0% --
04/29/2015 04/29/15 Under Contract -- -- --
04/21/2015 04/21/15 For Rent $500 +25.0% --
11/20/2012 11/20/12 Rented $400 0.0% --
11/19/2012 11/19/12 Under Contract -- -- --
10/04/2012 10/04/12 For Rent $400 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $60,000 Fidelity National Title Insu
Warranty Deed $32,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $54,000 No Value Available
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1083562

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-28-76-00000.0-0292.00

Your Personal Tour Guide

Ask me questions while you tour the home.