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#G5096494, Scott Strem, Listing office: MORRIS REALTY AND INVESTMENTS
$425,000 List price
406 E Orange Ave Eustis, FL 32726
8 beds
6 baths
4,026 sqft
0.4 acres
$106 / sqft
Multi-Family
Property details
About 406 E Orange Ave
Welcome to 406 E Orange Ave, a charming, income-producing fixer-upper in the heart of historic Eustis, FL. Priced below market value to reflect the updates needed, this property presents a unique opportunity for investors or owner-occupants ready to bring their vision to life—while gaining instant equity in a prime location. Highlights include a like-new 2023 roof, newly installed irrigation and backflow systems, completed demo, approved architectural plans, and all permits paid for and ready to go for the main unit. Additionally, the second unit has completed demo work along with rough electrical and plumbing already in place, making this property primed for transformation. Execute the current owner’s plans to convert the main structure into two 3-bedroom, 2-bathroom units, and the secondary structure into a 2-bedroom, 2-bathroom apartment or in-law suite—creating three total income-generating units. Located just a short walk from charming downtown Eustis, this home offers close proximity to local shops, dining, parks, and Lake Eustis. The area has seen increased interest from both renters and investors thanks to its walkability, community events, and convenient location near Mount Dora and Tavares. Multifamily homes in Eustis are in high demand, with strong rental potential and limited inventory—making this a rare opportunity to capitalize on the market. Enjoy small-town charm with easy access to major highways connecting you to Orlando and Central Florida’s top attractions. Whether you're looking to house hack, build a profitable rental portfolio, or secure a long-term investment, 406 E Orange Ave is your chance to create something truly special. Schedule your showing today and bring your vision to life!
Highlights
Home typeTriplex
HeatingCentral, Ductless
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size4,026 sqft
Lot size0.4 Acres
Year built1919
ParkingDriveway, Off Street
MLS #O6298840
FireplaceLiving Room, Masonry, Wood Burning
Summary
- Flooring Type: Wood
- Interior: Ninguno
- Fireplace: Living Room, Masonry, Wood Burning
- Total Bedroom Count: 8
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, Off Street
- Exterior: Lighting, Sidewalk
- Heating: Central, Ductless
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $425,000
- Price/SqFt: $105
- HOA Amount: $0
- Annual Tax Amount: $4,458
- Tax Year: 2023
- Lot: Corner Lot, City Lot, Level, Near Public Transit, Sidewalk, Paved
- Directions: From I4 take exit 90A to merge onto FL-414 W/Maitland Blvd toward Maitland Continue on FL-414 W, then take the exit onto US-441 N/Orange Blossom Trail toward Apopka.? Follow US-441 N for approximately 20 miles, passing through Apopka and into Mount Dora. In Mount Dora, use the right lane to take the FL-19 N ramp to Eustis/Umatilla Merge onto FL-19 N/S Bay St and continue into downtown Eustis Turn right onto E Orange Ave. Proceed for about two blocks; 406 E Orange Ave will be on your right
- Year Built: 1919
- Living Area: 4,026 SqFt
- Lot Size: 0.4 Acres
- MLS Number: O6298840
- MLS Name: MFRMLS
- Office Name: MARK SPAIN REAL ESTATE
- Office Phone: (855) 299-7653
- Listing Agent: Devon Bascombe
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 11:34:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 20, 2023 | Home Sold | $350,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $266,713 | $4,458 |
| 2022 | $252,476 | $4,291 |
| 2021 | $195,282 | $4,291 |
| 2020 | $193,336 | $3,117 |
| 2019 | $190,334 | $3,211 |
| 2018 | $182,288 | $2,986 |
| 2017 | $176,710 | $2,882 |
History based on county public records data.
Nearby schools
2
Eustis Elementary School
Public District PK-5
0.2 mi
•714 E Citrus Ave
1
Eustis Heights Elementary School
Public District PK-5
1.0 mi
•310 W Taylor Ave
3
Triangle Elementary School
Public District PK-5
2.8 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 $41,250. Residents of Eustis, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
41%
<35k
54%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
48%
Single, No Kids
18%
Single, with Kids
19%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
19%
18-34 yrs old
33%
35-64 yrs old
30%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Popeyes
Cicis Pizza
Church's Chicken
What do the neighbors drive?
Dodge
Pontiac
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 406 E Orange Ave
The listing price of 406 E Orange Ave property is $425,000.
The property 406 E Orange Ave is a multi located in Eustis, Florida, 32726.
Active Listing: 406 E Orange Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 406 E Orange Ave are: Eustis Elementary School (GreatSchools Rating 2/10), Eustis Heights Elementary School (GreatSchools Rating 1/10), Triangle Elementary School (GreatSchools Rating 3/10), Alee Academy (GreatSchools Rating 1/10), Eustis Middle School (GreatSchools Rating 3/10), Pinecrest Academy Tavares (GreatSchools Rating 7/10), Eustis High School (GreatSchools Rating 4/10), Lake Virtual Franchise (GreatSchools Rating 4/10), Tavares High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $4,458 (source: MLS/based on county public records data).
The last sale was on July 20, 2023 for $350,000 (source: MLS/tax record).
The property 406 E Orange Ave is 4,026 SqFt (source: MLS/tax record).
The year of construction for 406 E Orange Ave is 1919.
This home is located at 406 E Orange Ave in Eustis, FL and zip code 32726. This 4,026 square foot home, which was built in 1919, sits on a 0.40 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $425,000.
In June 2025 more than 6 listings in Eustis, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 17 were sold below. The number of listings in Eustis, FL remained the same between May and June 2025. In June 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $349,950.
From Rocket Homes Real Estate and based on county public records data.