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220 N ADELLE AVENUE

Multi-family For Sale
$369,900

BTC: 4.75358221

ETH: 154.12500000

5 days
3 bds
1,776 sqft

Overview

Fully leased triplex with three separate electric meters. Current rents: main house $1,100/mo (lease ends December 2025, market rent ~$1,550), studio $725/mo, 1BR cottage $950/mo (market rent ~$1,118). Gross income $33,300/yr with upside at lease renewal. Water is one meter, landlord paid. Notable improvements include: new sewer lines to all three units (2015), new separate water services to each building (2015), Main house plumbing replaced with PVC/CPVC (2015), new water supply lines to cottage and studio (2015), roof replaced (2013), studio roof replaced at closing (2024), electrical upgrades to meet 4-point inspection requirements (2024), main house HVAC (2017-2018), R30 blown-in attic insulation (2024), refinished original wood floors (2019), stainless appliances (2024), and studio fully renovated interior paint, tile floors, and new a/c (2024). Zoned 05R-2 with three separate electric meters. Whether you're expanding a portfolio or looking to live in one unit while the others pay the mortgage, this property delivers.

Location

Florida • DELAND • 32720 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
0.25 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$208
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$5,247
2025
All facts and features

  • Flooring

    • Luxury Vinyl

    • Tile

    • Hardwood

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

  • Property

    • Levels: One

    • Exterior Features: Outbuilding / Private Mailbox / Private Yard

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 700843050113

    • Zoning: 05R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $5,248

  • Source details

    • MLS ID: O6434214

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Common Area / Electric Dryer Hookup / Laundry Room / Washer Hookup

    • Patio And Porch Features: Covered / Front Porch / Porch / Screened

    • Living Area: 1776

    • Water Source: Public

    • Lot Size Dimensions: 35 x 145

    • Subdivision Name: RICHS ADD DELAND

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32720
228
median $349K
Active
Same city
DELAND
610
median $349K
Active
Same type
Multi-family
7
median $349K
Active
Similar price
$258K – $480K
267
median $365K
Active

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: ZEMBALA GROUP