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1616 TULANE STREET

Multi-family For Sale
$849,000

BTC: 28.30000000

ETH: 424.50000000

-$151K (2025/11/11)
119 days
0 room(s)
2,305 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Rare Investment Opportunity in College Park Beautifully Renovated Main Home + Large Income-Producing Garage Apartment 4 Bedrooms + Office | 3 Bathrooms | Over 2,400 SF | R-3 Zoning | Dual Rental Potential Welcome to 1616 Tulane Street—a unique and lucrative investment opportunity in the heart of College Park. This property offers two highly desirable living spaces: a spacious and elegantly upgraded 4-bedroom single-family home and a separately metered 1-bedroom apartment above the detached 2-car garage—ideal for long-term rental income, short-term Airbnb potential, or multi-generational living. Primary Residence – Stylish & Versatile Thoughtfully designed with both charm and functionality, the main home features a rare U-shaped single-story layout that wraps around a resort-style courtyard. Perfect for families, professionals, or those looking to generate extra income by living in one unit and renting out the other. 3 bedrooms + dedicated office (or 4th bedroom in main house) Light-filled open-concept living and dining areas Chef’s kitchen with oversized island, double wine fridge, exposed brick, and floor-to-ceiling cabinetry Lavish primary suite with tray ceiling, walk-in closet, and spa-style bath Dedicated laundry room with custom cabinetry and backyard access Designer details throughout: barn door accents, rich wood-style flooring, and elevated finishes Detached Guest Apartment – Income Potential or Private Use Located above the 2 1/2 car garage, the detached 1-bedroom suite includes: Private entrance and full bathroom Spacious layout suitable for a tenant, in-laws, home office, or creative studio Positioned for optimal privacy while sharing access to the backyard oasis Resort-Style Courtyard Living The property’s striking U-shaped design encloses a private, low-maintenance courtyard that feels like a true retreat: Expansive paver patio with string lights and lounge area Built-in fire pit zone for gatherings Modern wood pergola and hammock swing Artificial turf—perfect for pets and play with zero upkeep Fully fenced for privacy and security Room to add a plunge pool or garden Additional Highlights Zoned R-3: Rare flexibility for multiple dwellings or rental configurations. Studio apartment has it's own separate legal address. Impact fees were paid when adding garage studio. Zoning allows an additional 3rd unit for additional convenience and/or income. Paver driveway + walkways and a professionally landscaped front yard Charming architectural details with glass-paneled front door and modern finishes Quiet street just minutes to Edgewater Drive, Ivanhoe Village, Downtown Orlando, and The Packing District Walkable to shops, cafes, and top-rated schools Investor's Dream or Owner-Occupant with Built-In Income Whether you choose to live in the main house and rent the apartment, occupy both, or lease both units separately, 1616 Tulane and 1616 1/2 offers unmatched versatility and earning potential in one of Orlando’s most desirable neighborhoods. Don't miss this rare opportunity to own a high-performing investment property with modern style and timeless curb appeal in sought-after College Park.

Location

Facts and features

Type:
Residential Income
Parking:
Garage Door Opener / Golf Cart Parking / Guest / On Street
Year Built:
1951
Lot:
0.17 Acres
Heating:
Central
Price/sqft:
$368
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Refrigerator

    Other interior features

    • Solid Surface Counters

    • Solid Wood Cabinets

  • Parking

    • Garage Door Opener

    • Golf Cart Parking

    • Guest

    • On Street

    Property

    • Levels: Two

    • Exterior Features: Dog Run / French Doors

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 152229145603090

    • Zoning: R-3A/W/RP

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

  • Other financial information

    • Annual tax amount: $4,912

  • Source details

    • MLS ID: O6334481

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

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

    • Other Structures: Kennel/Dog Run / Shed(s) / Storage

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2305

    • Water Source: Public

    • Subdivision Name: COLLEGE COURT SUB

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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 ©2025-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: OLDE TOWN BROKERS INC