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1922 CLOVERLAWN AVENUE

Multi-family For Sale
$1,400,000

BTC: 16.66666667

ETH: 528.30188679

New
10 bds
3,049 sqft

Overview

100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers. The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit. The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated. Investment Highlights 100% leased – all 5 units occupied with in-place income $87,600 gross scheduled annual income 16.0x GRM Approximately $280,000 per unit Three buildings, including a newer third unit Concrete-block construction Prime SoDo/Conway Orlando infill location Minutes to Downtown Orlando, SR-408 and I-4 Turnkey investment with immediate cash flow Financials and current rent roll available to registered buyers.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1946
Lot:
0.51 Acres
Heating:
Central
Price/sqft:
$459
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$11,996
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Mini-Split Unit(s)

    Other interior features

    • Kitchen/Family Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 10

  • Property

    • Exterior Features: None

    Lot

    • Lot: 0.51 Acres

    Other Property Information

    • Parcel Number: 062330536400121

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $11,996

  • Source details

    • MLS ID: O6446443

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block / Slab

    • Laundry Features: Outside

    • Living Area: 3049

    • Water Source: Public

    • Subdivision Name: MC LEISH TERRACE

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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: NOVA REAL ESTATE SERVICES INC