$1,890,000 pending
1123 elmwood street , orlando, FL 32801
| Beds 0 | Baths 0 | 6,025 Sqft | 0.31 Acres |
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1 of 1 |
Property Description
Under contract-accepting backup offers. Well-maintained 8-unit multifamily property in a desirable Orlando location. The building consists of four 1/1 units and four 2-bedroom units, featuring two distinct 2-bedroom layouts, providing a strong and diversified unit mix. Constructed of solid concrete block, the property has a new roof installed in 2024 and fresh interior paint, reflecting pride of ownership and limited near-term capital needs. The property is situated on a corner lot with excellent parking, including reserved spaces for all units: one space per 1/1 unit and two reserved spaces for each 2-bedroom unit, plus additional street parking along Elmwood. The two-story stacked flat layout includes clean, recently input a new stairwell and well-maintained common areas. The property benefits from a history of long-term tenants with minimal turnover, contributing to stable occupancy and consistent income. Located in an area known for excellent schools, the property experiences strong tenant demand and durability across market cycles. Current rents provide solid in-place income with potential upside, making this an ideal opportunity for an investor seeking a clean, stabilized small multifamily asset in a supply-constrained market. Cash buyers only!
General Information
Sale Price: $1,890,000
Price/SqFt: $314
Status: Pending
MLS#: O6394900
City: orlando
Post Office: orlando
Schools: boone high
County: Orange
Subdivision: bungalow park
Acres: 0.31
Bedrooms:0
Bathrooms:0
House Size: 6,025 sq.ft.
Acreage: 0.31 est.
Year Built: 1966
Property Type: Multi Family (5+)
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Block
Exterior Misc: Balcony, Courtyard, Dog Run, Fenced, Irrigation System, Lighting
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $17,397
Legal Description: BUNGALOW PARK G/52 LOTS 13 & 14

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Patricia Sullivan of OLDE TOWN BROKERS INC, Phone: 407-425-5069