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Off market
  • $433,600

    325 S 2nd St, Leesburg, FL 34748

    --beds
    0baths
    2,186sqft
    Duplex
    Built in 1910
    -- sqft lot
    $433,600 Zestimate®
    $198/sqft
    $1,299 Estimated rent

    Home value

    $433,600

    $386,000 - $494,000

    $1,299/mo

    Zestimate® history
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    What's special

    An investor's dream! A potential Triplex for the price of a Duplex. This income property is actually zoned for and was formerly a Triplex. The property has 3 separate entry doors and could easily be converted back to a Triplex to increase rental income. Unit #1 is a 3/2 being larger and has had the same tenants for 20 years with rent at $660/month Month to Month. Unit #1 needs some TLC as the current long term tenants have never asked for any improvements. Unit #2 is a recently refurbished 2/2 and has 2 separate entry doors and could be easily converted into a 1/1 and an Efficiency. The current rent on Unit #2 is $700/month. Both units have a $100/mo credit towards water and gas which comes out of the gross rent listed. Each tenant pays their own electric. Great neighborhood across the street from Venetian Gardens Lakefront Park with Splash Pad Park, Pavilion and more. Also, this property is within walking distance of Leesburg Regional Medical Center. Must see this property to understand the upside of it's income potential.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Inside
    Features
    • Flooring: Laminate
    Interior area
    • Total interior livable area: 2,186 sqft

    Property

    Features
    • Levels: One
    • Exterior features: Wood, Metal
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 6,499 sqft
    • Dimensions: 65x100
    • Features: Corner Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 261924120000A00300
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Frame
    • Foundation: Piers
    • Roof: Asphalt
    Condition
    • Completed
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Fire Hydrant, BB/HS Internet Available

    Community & neighborhood

    Location
    • Region: Leesburg
    • Subdivision: LEESBURG HANSONS

    Other

    Other facts
    • Financial Data Source: Owner
    • Levels: One
    • Tenant Pays: Electricity
    • Total Acreage: Up to 10, 889 Sq. Ft.
    • Utilities: Electricity Connected, Fire Hydrant, BB/HS Internet Available
    • Additional Rooms: Inside Utility
    • Appliances: Refrigerator, Range, Gas Water Heater
    • Construction Materials: Wood Frame, Metal Siding
    • Laundry Features: Inside
    • Flooring: Laminate
    • Lot Features: Corner Lot
    • Cooling: Central Air
    • Heating: Central
    • Exterior Features: Storage, Sidewalk
    • Property Sub Type: Duplex
    • Property Type: Residential Income
    • Roof: Shingle
    • Other Structures: Shed(s)
    • View: Park
    • Additional Parcels YN: 0
    • Fireplace YN: 0
    • Pool Private YN: 0
    • Water Access YN: 0
    • Water Extras YN: 0
    • Waterfront Feet Total: 0
    • Waterfront YN: 0
    • Water View YN: 0
    • Zoning: R-2
    • Flood Zone Code: X
    • Public Survey Section: 26
    • Year Built: 1910
    • DPRYN: 1
    • New Construction YN: 0
    • Living Area: 2186.00
    • Garage YN: 0
    • Property Condition: Completed
    • Sewer: Public Sewer
    • Water Source: Public
    • Association Approval Required YN: 0
    • Available For Lease YN: 1
    • Lease Restrictions YN: 0
    • Subdivision Name: LEESBURG HANSONS
    • Lot Size Dimensions: 65x100
    • Tax Year: 2019
    • Foundation Details: Crawlspace
    • Public Survey Range: 24E
    • List Office URL: https://tkcplatinum.com
    • Tax Annual Amount: 1862.97

    Price history

    DateEventPrice
    5/12/2023Sold$376,000-6%$172/sqft
    Source: Public Record Report a problem
    4/17/2023Pending sale$399,999$183/sqft
    Source: Stellar MLS #O6090844 Report a problem
    4/12/2023Price change$399,999-7%$183/sqft
    Source: Stellar MLS #O6090844 Report a problem
    3/22/2023Price change$429,900-4.3%$197/sqft
    Source: Stellar MLS #O6090844 Report a problem
    2/21/2023Listed for sale$449,000+81.8%$205/sqft
    Source: Stellar MLS #O6090844 Report a problem
    8/24/2022Sold$247,000-0.8%$113/sqft
    Source: Public Record Report a problem
    7/12/2022Pending sale$249,000$114/sqft
    Source: Stellar MLS #O6041881 Report a problem
    7/9/2022Listed for sale$249,000+78%$114/sqft
    Source: Stellar MLS #O6041881 Report a problem
    6/10/2020Listing removed$139,900$64/sqft
    Source: TKC PLATINUM PROPERTIES #O5851371 Report a problem
    5/21/2020Price change$139,900-6.7%$64/sqft
    Source: TKC PLATINUM PROPERTIES #O5851371 Report a problem
    3/14/2020Listed for sale$149,900+56.1%$69/sqft
    Source: TKC PLATINUM PROPERTIES #O5851371 Report a problem
    1/8/2004Sold$96,000+86.8%$44/sqft
    Source: Public Record Report a problem
    5/9/2003Sold$51,400$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,607 +59.3%$121,080 +10%
    2024$2,264 +45.5%$110,079 +2.9%
    2023$1,557 -24.4%$107,024 +0.7%
    2022$2,058 +9.5%$106,250 +10%
    2021$1,880 -1.4%$96,595 +4.9%
    2020$1,907 +2.3%$92,070
    2019$1,863 +1.5%$92,070 +0.1%
    2018$1,836 $92,005 +10%
    2017$1,836 +8.6%$83,641
    2016$1,691 -1.4%$83,641 +1.9%
    2015$1,715 +11.1%$82,058 +1.8%
    2014$1,543 +6.6%$80,619 +2.4%
    2013$1,447 -0.8%$78,749
    2012$1,459 -18.7%$78,749 -18.8%
    2011$1,795 -4.1%$96,999 -3%
    2010$1,873 -4.5%$100,021 -4.6%
    2009$1,961 -9.2%$104,817 -9.3%
    2008$2,159 +14.3%$115,521 +16.1%
    2007$1,889 -6.7%$99,492
    2006$2,024 +15.4%$99,492 +16.9%
    2005$1,754 +2.5%$85,104
    2004$1,712 +122.1%--
    2003$771 +2.9%$36,259 +3%
    2002$749 +4.8%$35,206
    2001$715 -2.2%$35,206
    2000$731 $35,206

    Find assessor info on the county website

    Neighborhood: 34748

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $433,600
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    Estimated market value
    $433,600