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For sale
  • Price cut: $75K (7/27)
    $1,074,999

    1421, 1423, 1425, 1427 ASHER LANE, ORLANDO, FL 32803

    5beds
    4baths
    2,552sqft
    : 
    $6,979/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $421/sqft
    $-- HOA

    What's special

    Modern finishesCompletely updatedNewer appliancesTurnkey unitsVinyl fencing
    Exceptional and hard-to-find quadraplex investment opportunity in the heart of the highly desirable Virginia Drive District! This solid income-producing property has been completely updated and offers an excellent unit mix featuring three 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit. Each residence has been thoughtfully renovated with modern finishes, creating attractive, turnkey units with very little upkeep for both owners and tenants alike. This is a rare low cap rate opportunity in one of Orlando’s most desirable rental corridors, offering strong long-term appreciation potential and steady rental demand. The units feature newer appliances, durable flooring throughout with no carpet, and updated finishes designed for easy maintenance and long-term durability. Major exterior improvements include a new metal roof on the front duplex, a new roof on the rear duplex (2024), new central A/C systems in every unit (2024/2025), new water heaters (2024/2025) and vinyl fencing. The property was thoughtfully designed for the hands-off investor with security cameras that can be viewed from afar via the app, minimal landscaping and low ongoing maintenance requirements. Perfectly positioned just minutes from the area’s best shopping, dining, nightlife, and entertainment, this property is also conveniently located near parks, the bike trail, and Lake Ivanhoe. Tenants will love the walkable lifestyle and vibrant neighborhood atmosphere that make this one of Orlando’s most sought-after rental areas. Whether you are looking to expand your investment portfolio or secure a turnkey multi-family property in a premier location, this quadraplex is a rare opportunity with exceptional rental appeal and excellent long-term potential. Scan the QR codes located in the pictures to tour each unit.
    87 days
    |
    750
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy Bhavsar 407-948-3865,

    ANNE ROGERS REALTY GROUP INC 407-649-4141

    Source: Stellar MLS,MLS#: O6411316MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Heating
      • Electric
      Cooling
      • Central Air, Ductless
      Appliances
      • Laundry: Laundry Room, Outside, Same Floor As Condo Unit
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets
      • Flooring: Ceramic Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 2,766
      • Total interior livable area: 2,552 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned, Curb Parking, Driveway, Off Street, On Street, Parking Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: Multi/Split
      • Exterior features: Lighting, Private Mailbox, Sidewalk, Storage
      • Fencing: Fenced
      Lot
      • Size: 6,433 Square Feet
      • Features: City Lot, Landscaped, Near Public Transit, Sidewalk
      Details
      • Additional structures: Other, Storage
      • Parcel number: 132229942901220
      • Zoning: R-2A/T
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Block, Wood Frame
      • Foundation: Slab
      • Roof: Metal,Other
      Condition
      • New construction: No
      • Year built: 1949

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: WISSAHICKON
      HOA
      • Has HOA: No
      Location
      • Region: Orlando

      Financial & listing details

      • Price per square foot: $421/sqft
      • Annual tax amount: $8,712
      • Date on market: 5/28/2026
      • Cumulative days on market: 73 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Lease term: 12 Months
      • Total actual rent: 7000
      • Tenant pays: Electricity, Sewer, Trash Collection, Water
      • Electric utility on property: Yes
      • Road surface type: Brick

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,981/mo

        Price history

        DateEventPrice
        7/27/2026Price change$1,074,999-6.5%$421/sqft
        Source: Stellar MLS #O6411316 Report a problem
        5/28/2026Listed for sale$1,150,000$451/sqft
        Source: Stellar MLS #O6411316 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lake Formosa

        Getting around

        76 / 100
        Very Walkable
        38 / 100
        Some Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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