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1421, 1423, 1425, 1427 ASHER LANE

Multi-family For Sale
$1,150,000

BTC: 17.91567202

ETH: 652.31942097

25 days
5 bds
2,552 sqft

Overview

Exceptional and hard-to-find quadraplex investment opportunity in the heart of the highly desirable Virginia Drive District! This solid income-producing property has been completely updated and offers an excellent unit mix featuring three 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit. Each residence has been thoughtfully renovated with modern finishes, creating attractive, turnkey units with very little upkeep for both owners and tenants alike. This is a rare low cap rate opportunity in one of Orlando’s most desirable rental corridors, offering strong long-term appreciation potential and steady rental demand. The units feature newer appliances, durable flooring throughout with no carpet, and updated finishes designed for easy maintenance and long-term durability. Major exterior improvements include a new metal roof on the front duplex, a new roof on the rear duplex (2024), new central A/C systems in every unit (2024/2025), new water heaters (2024/2025) and vinyl fencing. The property was thoughtfully designed for the hands-off investor with security cameras that can be viewed from afar via the app, minimal landscaping and low ongoing maintenance requirements. Perfectly positioned just minutes from the area’s best shopping, dining, nightlife, and entertainment, this property is also conveniently located near parks, the bike trail, and Lake Ivanhoe. Tenants will love the walkable lifestyle and vibrant neighborhood atmosphere that make this one of Orlando’s most sought-after rental areas. Whether you are looking to expand your investment portfolio or secure a turnkey multi-family property in a premier location, this quadraplex is a rare opportunity with exceptional rental appeal and excellent long-term potential. Scan the QR codes located in the pictures to tour each unit.

Location

Details

Type:
Residential Income
Parking:
Assigned / Curb Parking / Driveway / Off Street / On Street / Parking Pad
Year Built:
1949
Lot:
0.15 Acres
Heating:
Electric
Price/sqft:
$451
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$8,712
2025
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Solid Surface Counters

    • Solid Wood Cabinets

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Parking

    • Assigned

    • Curb Parking

    • Driveway

    • Off Street

    • On Street

    • Parking Pad

    Property

    • Levels: Multi/Split

    • Exterior Features: Fenced / Lighting / Private Mailbox / Sidewalk / Storage

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 132229942901220

    • Zoning: R-2A/T

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $8,712

  • Source details

    • MLS ID: O6411316

    Other facts

    • Construction Materials: Block / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Laundry Room / Outside / Same Floor As Condo Unit

    • Lot Features: City Lot / Landscaped / Near Public Transit / Sidewalk

    • Window Features: Window Treatments

    • Other Structures: Other / Storage

    • Living Area: 2552

    • Water Source: Public

    • Subdivision Name: WISSAHICKON

Private inquiry
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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: ANNE ROGERS REALTY GROUP INC