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475 UMATILLA BOULEVARD

Multi-family For Sale
$1,900,000

BTC: 29.59980595

ETH: 1,077.74513029

9 days
0 room(s)
10,080 sqft

Overview

Exceptional investment opportunity offering a strong 9.5% cap rate! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking and is currently 100% occupied with long-term tenants, providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.

Location

Florida • UMATILLA • 32784 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
None
Year Built:
1930
Lot:
0.53 Acres
Heating:
Electric / Heat Pump
Price/sqft:
$188
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$21,242
2025
All facts and features

  • Heating

    • Electric

    • Heat Pump

    Cooling

    • Central Air

    Other interior features

    • Other

  • Parking

    • None

    Property

    • Exterior Features: Irrigation System / Sidewalk

    Lot

    • Lot: 0.53 Acres

    Other Property Information

    • Parcel Number: 121826060002401800

    • Zoning: C

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $21,242

  • Source details

    • MLS ID: S5151887

    Other facts

    • Construction Materials: Block

    • Foundation Details: Other

    • Laundry Features: Inside

    • Lot Features: City Lot / Level / Oversized Lot / Sidewalk

    • Other Structures: Shed(s)

    • Living Area: 10080

    • Water Source: Public

    • Lot Size Dimensions: 200 x 100

    • Subdivision Name: NORTH UMATILLA

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.

More like this

For Sale
$1,376,000
Lots/Land
1.41 acres
UMATILLA
1080 DUCK BOX ROAD
For Sale
$1,800,000
House
33 bds · 17 ba · 13,600 sqft
UMATILLA SMITHS A J, UMATILLA
30 WAFFORD STREET

Market around this address

Live counts in the same area.
View all
This zip
32784
144
median $297K
Active
Same city
UMATILLA
143
median $299K
Active
Same type
Multi-family
2
median $1.2M
Active
Similar price
$1.3M – $2.5M
5
median $1.5M
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: LPT REALTY, LLC