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450 S HILL AVENUE

Multi-family Active With Contract
$329,900

BTC: 4.12375000

ETH: 131.96000000

16 days
4 bds
1,740 sqft

Overview

Income-Producing Deland Duplex Near Downtown Great investment opportunity in a desirable Deland location close to downtown! This duplex features **two spacious 2-bedroom, 2-bath units**, with each side offering approximately **870 square feet of living space** and its own **1-car detached garage**. One unit has already received some renovations, while the other offers an opportunity for the new owner to update and add value. The current owner has intentionally kept rents below market at just **$700 per month per side**, while similar units on the same street are reportedly renting for approximately **$1,500–$1,700 per month**. Current leases expire in **June 2027**, providing an excellent opportunity for a new owner to reposition the property and increase rental income. With a convenient location near downtown Deland, solid unit sizes, private garages, and significant rental upside, this property offers an attractive opportunity for investors looking for **long-term income potential and value-add upside**. Whether you choose to renovate and increase rents or hold as a long-term investment, this duplex is worth a look!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1988
Lot:
0.12 Acres
Heating:
Electric
Price/sqft:
$190
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$1,902
2025
Garage
1 car garage
Pets
Allowed
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Eating Space In Kitchen

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 701518020110

    • Zoning: 05R2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,902

  • Source details

    • MLS ID: G5117012

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1740

    • Water Source: Public

    • Lot Size Dimensions: 38 x 136

    • Subdivision Name: SMATHERS BLK 173 DELAND

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: WORTH CLARK REALTY