Prime Income-Producing Property – 6 Duplexes + Common Area + Warehouse Exceptional investment opportunity featuring six mostly occupied duplexes, a versatile common area, and a spacious warehouse, all situated on a well-maintained parcel in a high-demand rental market. This turnkey multi-family asset offers 10 total rental units, each with private entrances, updated interiors, and separate utility meters—perfect for maximizing rental income and minimizing operational costs. There is also another 2 units under construction to be completed by buyer for a total of 12 units. The common area provides added value for tenants, ideal for shared gatherings, recreational use, or future amenity development. The warehouse (currently vacant) presents multiple revenue possibilities, including storage rental, workshop space, or small business use. Key Features: 6 Duplex Buildings (12 Units Total) Separate meters & ample parking Steady rental history with strong cash flow Common Area for tenant enjoyment or value-add improvements Warehouse with flexible use potential Zoned for multi-family Strong Cap Rate & Upside Potential Whether you're a seasoned investor looking to expand your portfolio or seeking a residential asset, this property offers immediate income and long-term growth
Sold for $1,515,000
$1,515,000
231 CONCORD, CASSELBERRY, FL 32707
12beds
6baths
1,510sqft
Multi Family
Built in 1959
-- sqft lot
$1,197,700 Zestimate®
$1,003/sqft
$1,748 Estimated rent
Home value
$1,197,700
$970,000 - $1.47M
$1,748/mo
Zestimate® history
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$10,166/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Nancy Bhavsar 407-948-3865,
ANNE ROGERS REALTY GROUP INC 407-649-4141
Bought with:
George Bateman, III, 3305936
RP INVESTMENT REALTY LLC
Source: Stellar MLS,MLS#: O6322976
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Range, Range Hood, Refrigerator
- Laundry: Laundry Room, Outside
Features
- Ceiling Fan(s), Eating Space In Kitchen, Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Flooring: Ceramic Tile, Tile
- Windows: Blinds, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 2,030
- Total interior livable area: 1,510 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Dog Run, Sidewalk
Lot
- Size: 1.6 Acres
Details
- Additional parcels included: yes
- Parcel number: 0821305110B00003A
- Zoning: MULTI-FAM
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1959
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: FERN PARK ESTATES
HOA
- Has HOA: No
Location
- Region: Casselberry
Financial & listing details
- Price per square foot: $1,003/sqft
- Tax assessed value: $188,957
- Annual tax amount: $17,203
- Date on market: 7/4/2025
- Cumulative days on market: 89 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 15000
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $1,515,000-39.4%$1,003/sqft |
Source:  Stellar MLS #O6322976 Report a problem | ||
| 10/2/2025 | Pending sale | $2,500,000$1,656/sqft |
Source: Stellar MLS #O6322976 Report a problem | ||
| 9/14/2025 | Price change | $2,500,000-9.1%$1,656/sqft |
Source: Stellar MLS #O6322976 Report a problem | ||
| 8/12/2025 | Price change | $2,750,000-8.3%$1,821/sqft |
Source: Stellar MLS #O6322976 Report a problem | ||
| 7/4/2025 | Listed for sale | $3,000,000$1,987/sqft |
Source: Stellar MLS #O6322976 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,677 +16.2% | $126,843 +10% |
| 2024 | $2,303 +16.2% | $115,312 +10% |
| 2023 | $1,983 +8.6% | $104,829 +10% |
| 2022 | $1,826 +22% | $95,299 +10% |
| 2021 | $1,497 -0.2% | $86,635 -0.8% |
| 2020 | $1,500 +1.7% | $87,366 +3.4% |
| 2019 | $1,474 | $84,514 +9.8% |
| 2018 | $1,474 +8.4% | $76,949 +7.1% |
| 2017 | $1,360 +4.4% | $71,843 +4.4% |
| 2016 | $1,303 +6.9% | $68,804 +9.1% |
| 2015 | $1,219 | $63,045 +2.3% |
| 2014 | $1,219 +2.5% | $61,608 -1.5% |
| 2013 | $1,189 +3.2% | $62,527 -0.3% |
| 2012 | $1,152 -6.1% | $62,691 -5.3% |
| 2011 | $1,227 -20.7% | $66,171 -20% |
| 2010 | $1,548 -7.7% | $82,711 -8.1% |
| 2009 | $1,677 -15.6% | $90,018 -20.7% |
| 2008 | $1,988 +1.3% | $113,496 -2.5% |
| 2007 | $1,963 +12.4% | $116,347 +24.1% |
| 2005 | $1,746 +44.9% | $93,720 +48.9% |
| 2004 | $1,205 -1.5% | $62,948 -0.2% |
| 2003 | $1,223 -1.1% | $63,102 +0.4% |
| 2002 | $1,236 | $62,861 |
Find assessor info on the county website
Neighborhood: 32707
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Nearby schools
GreatSchools rating
- 6/10Altamonte Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 6/10Milwee Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Lyman High SchoolGrades: PK,9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Altamonte Elementary
- Middle: Milwee Middle
- High: Lyman High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,197,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,197,700
- Florida
- Seminole County
- Casselberry
- 32707
- 231 CONCORD
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