422 E Citrus Ave Eustis, FL 32726
Estimated payment $2,904/month
Highlights
- Property is near public transit
- Main Floor Primary Bedroom
- No HOA
- Wood Flooring
- Attic
- Family Room Off Kitchen
About This Home
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.
Listing Agent
Joel Bornstein
ROCK SPRINGS REALTY, LLC Brokerage Phone: 877-333-2811 License #3211229 Listed on: 02/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,915
Year Built
- Built in 1884
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 55x234
- Level Lot
Home Design
- Quadruplex
- Bi-Level Home
- Frame Construction
- Shingle Roof
- Metal Roof
Interior Spaces
- 2,841 Sq Ft Home
- Built-In Features
- Ceiling Fan
- Window Treatments
- Family Room Off Kitchen
- Crawl Space
- Attic
Kitchen
- Eat-In Kitchen
- Range with Range Hood
- Solid Wood Cabinet
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- 4 Bathrooms
Parking
- Guest Parking
- Reserved Parking
Outdoor Features
- Screened Patio
- Exterior Lighting
- Front Porch
Location
- Property is near public transit
Schools
- Eustis Elementary School
- Eustis Middle School
- Eustis High School
Utilities
- Mini Split Air Conditioners
- Central Heating
- Thermostat
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- No Minimum Lease Term
- Legal Lot and Block 4 / 76
- Assessor Parcel Number 11-19-26-0100-076-00401
Community Details
Overview
- No Home Owners Association
- 3,205 Sq Ft Building
- Eustis Subdivision
Pet Policy
- Pets up to 35 lbs
- Pet Size Limit
- 2 Pets Allowed
- Breed Restrictions
Building Details
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Operating Expense $14,171
- Gross Income $47,220
Map
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 |
|---|---|---|---|---|
| 2026 | $4,115 | $205,318 | $32,921 | $172,397 |
| 2025 | $3,899 | $203,920 | $32,921 | $170,999 |
| 2024 | $3,899 | $203,920 | $32,921 | $170,999 |
| 2023 | $3,899 | $198,437 | $32,921 | $165,516 |
| 2022 | $3,591 | $175,815 | $24,691 | $151,124 |
| 2021 | $3,318 | $163,244 | $0 | $0 |
| 2020 | $3,483 | $163,172 | $0 | $0 |
| 2019 | $3,376 | $155,880 | $0 | $0 |
| 2018 | $3,157 | $147,674 | $0 | $0 |
| 2017 | $2,386 | $111,272 | $0 | $0 |
| 2016 | $2,418 | $111,272 | $0 | $0 |
| 2015 | $2,431 | $109,184 | $0 | $0 |
| 2014 | $2,404 | $107,287 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2026 02/24/26 | For Sale | $490,000 | 0.0% | $172 / Sq Ft | |
| 02/17/2026 02/17/26 | Off Market | $490,000 | -- | -- | |
| 02/17/2026 02/17/26 | For Sale | $490,000 | +180.0% | $172 / Sq Ft | |
| 01/01/2018 01/01/18 | Off Market | $175,000 | -- | -- | |
| 09/29/2017 09/29/17 | Sold | $175,000 | -2.7% | $62 / Sq Ft | View Prior Sale |
| 08/05/2017 08/05/17 | Pending | -- | -- | -- | |
| 07/31/2017 07/31/17 | Price Changed | $179,900 | 0.0% | $63 / Sq Ft | |
| 07/31/2017 07/31/17 | For Sale | $179,900 | +2.8% | $63 / Sq Ft | |
| 07/20/2017 07/20/17 | Off Market | $175,000 | -- | -- | |
| 05/13/2017 05/13/17 | Pending | -- | -- | -- | |
| 02/27/2017 02/27/17 | For Sale | $169,000 | -- | $59 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $175,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $131,250 | Commercial |
Source: Stellar MLS
MLS Number: G5108016
APN: 11-19-26-0100-076-00401
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.