#G5096494, Scott Strem, Listing Office: MORRIS REALTY AND INVESTMENTS
222 E Atwater Ave Eustis, FL 32726
Property details
About 222 E Atwater Ave
Turnkey Investment Opportunity in Downtown Eustis! Welcome to 222 E Atwater Ave, a fully leased duplex located just minutes from charming downtown Eustis. This income-producing property features two separate units, both currently rented and generating a combined $3,000/month in rental income—making it an ideal opportunity for investors seeking immediate cash flow. Each unit offers updated interiors, functional layouts, and reliable tenants already in place. With strong rental demand in the area and close proximity to shopping, dining, and Lake Eustis, this property delivers both convenience and profitability. Whether you're looking to expand your portfolio or start your real estate investment journey, this low-maintenance, income-generating duplex is a smart move. Don’t miss out—schedule your private showing today!
Highlights
Virtual tour
Summary
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Flooring Type: Vinyl
- Interior: Ceiling Fans(s)
- Total Bedroom Count: 3
- Private Pool: No
- Exterior: Lighting, Storage
- Heating: Central
- Cooling: Central Air
- List Price: $315,000
- Price/SqFt: $208
- HOA Amount: $0
- Annual Tax Amount: $1,783
- Tax Year: 2023
- Lot: City Lot
- Directions: Hwy 441 to SR 19 North to Eustis, turn right on E. Atwater. Go through first stop sign and home will be on the right.
- Year Built: 1927
- Living Area: 1,510 SqFt
- Lot Size: 0.28 Acres
- MLS Number: O6311191
- MLS Name: MFRMLS
- Office Name: RLW REALTY
- Office Phone: (352) 771-2560
- Listing Agent: Logan Wilson
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Last updated on: 5/22/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$315,000
222 E Atwater Ave
$3,741
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 08, 2023 | Home Sold | $280,000 |
Mar 03, 2023 | Home Sold | $145,000 |
Jun 07, 2011 | Home Sold | $30,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $120,566 | $1,783 |
2022 | $116,066 | $1,692 |
2021 | $76,601 | $1,692 |
2020 | $64,033 | $1,356 |
2019 | $51,242 | $1,197 |
2018 | $46,584 | $995 |
2017 | $43,279 | $928 |
History based on county public records data.
Nearby schools
1
Eustis Heights Elementary School
Public District PK-5
0.4 mi
•310 W Taylor Ave
2
Eustis Elementary School
Public District PK-5
0.8 mi
•714 E Citrus Ave
3
Triangle Elementary School
Public District PK-5
1.9 mi
•1707 Eudora Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,835. The most common annual income of people living in Eustis, FL is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 222 E Atwater Ave in Eustis, FL and zip code 32726 in the Villa Heights, Eustis neighborhood. This 1,510 square foot home, which was built in 1927, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $315,000.
In April 2025, from all listings sold in Eustis, FL there were more than 5 sold above asking price, over 31 sold below and more than 13 were sold right at the asked price. The number of listings in Eustis, FL decreased by 0.8% between March and April 2025. Listings spent 67 days on the market in April 2025, and had a median list price of $350,627 during the same period.