$599,900

1028 Federal St Orlando, FL 32805

$7,124
Closing credit¹
8 beds
4 full
2,808 sqft
0.1 acres
$214 / sqft
Multi-Family

Property details

About 1028 Federal St

This listing is for two adjacent units, each one a two-unit duplex, so total number of units at this price is 4 units. This is a great income property and the chance to add four doors to your portfolio for instant cash flow. These two units are standalone, adjacent duplexes for a total of four rentable units, each with 2 bed / 1 bath. Each duplex is separately deeded but seller intends to sell them together for inherent value. One rental unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the rental units currently on month to month at below market rents of $800 / mo. The fourth unit has a lease in place until May of 2025 at a rent of $950. If all rents are moved up to market this property should be able to operate at a very desirable cap rate. All units separately metered. Roofs were replaced in 2023 and 2024. Windows and doors on most units have been recently replaced as well for insurability. Reference MLS# O6263043 found in Income properties search for more details re: financials and such.

Highlights

Home typeDuplex
HeatingNone, Space Heater(s)
StatusActive
Size2,808 sqft
Lot size0.15 Acres
Year built1949
MLS #O6263063

Summary

  • MLS Number: O6263063
  • MLS Name: MFRMLS
  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: Mike Derenthal

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of side of property featuring a yard

$599,900

1028 Federal St

$7,124

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 16, 2004
Home Sold
$83,500
Jun 17, 2004
Home Sold
$335,000
Aug 08, 2000
Home Sold
$50,000

Tax history

YearAssessmentProperty Tax
2023$105,380$1,451
2022$87,926$1,283
2021$78,377$1,283
2020$75,488$1,190
2018$72,610$1,057
2017$50,406$867

History based on county public records data.

Nearby schools

10

Hamlin Elementary School

Public District KG-5

0.6 mi

445 W Amelia St

8

Panther Lake Elementary School

Public District KG-5

0.6 mi

445 W Amelia St

9

Rock Lake Elementary School

Public District PK-5

0.7 mi

408 N Tampa Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,000. Typical income of Orlando, FL residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

50%
<35k
44%
35k-100k
2%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

68%
Single, No Kids
21%
Single, with Kids
5%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
47%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 1028 Federal St in Orlando, FL and zip code 32805 in the Callahan neighborhood. This 2,808 square foot home, which was built in 1949, sits on a 0.15 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 7, 2024 and is currently priced at $599,900.

In February 2025, from all listings sold in Orlando, FL there were more than 49 sold above asking price, over 377 sold below and more than 149 were sold right at the asked price. The number of homes for sale in Orlando, FL increased by 10.1% between January and February 2025. In February 2025 median list price was $397,761 and the average listing age was 64 days.

From Rocket Homes Real Estate and based on county public records data.

More resources