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450 S Hill Avenue , Deland, FL 32724

$329,900
  • 450 S Hill Avenue , Deland, FL 32724 Main Photo

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New to the Market Active
BEDS4 BATHS SQUARE FEET1,740 MLS#G5117012
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSMATHERS BLK 173 DELAND

Property Description

Income-Producing Deland Duplex Near DowntownGreat investment opportunity in a desirable Deland location close to downtown! This duplex features **two spacious 2-bedroom, 2-bath units**, with each side offering approximately **870 square feet of living space** and its own **1-car detached garage**.One unit has already received some renovations, while the other offers an opportunity for the new owner to update and add value. The current owner has intentionally kept rents below market at just **$700 per month per side**, while similar units on the same street are reportedly renting for approximately **$1,500-$1,700 per month**. Current leases expire in **June 2027**, providing an excellent opportunity for a new owner to reposition the property and increase rental income.With a convenient location near downtown Deland, solid unit sizes, private garages, and significant rental upside, this property offers an attractive opportunity for investors looking for **long-term income potential and value-add upside**. Whether you choose to renovate and increase rents or hold as a long-term investment, this duplex is worth a look!

450 S Hill Avenue | MLS# G5117012

This multi-family property located at 450 S Hill Avenue , Deland, FL 32724 is currently listed for sale with an asking price of $329,900. Search Deland real estate on www.adamscameroncommercial.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 1
Heating: Electric
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $1,902
Year Built: 1988

Amenities

Eat-in Kitchen
None

Feature Descriptions

Annual Net Income: 1400.00
Days on Site: 5
Directions: 44 east to right on S Hill Ave. 450/452 S Hill on right about a mile down
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.12
Other Equipment: None
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: 05R2

Listed By / Shown By

Listed By

Agency Name: WORTH CLARK REALTY
Agency Contact: 352-988-7777

Shown By

Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120

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Estimated Payment

$ 2,010.59 per month $1,755.87 Principal & Interest $158.50 Property Tax $96.22 Homeowner's Insurance

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