ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.74% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. This "TURNKEY" investment opportunity is 100% Occupied and All Tenants are on Annual Leases. No "HOA". City of Eustis water & sewer. Unit Profile: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch. (2) Dedicated Parking Spaces per unit. All units are in good operating condition! The property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. PLEASE DO NOT ENGAGE OR DISTURB TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Agent only. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.
For sale
$490,000
422 E Citrus Ave, Eustis, FL 32726
5beds
4baths
2,841sqft
Quadruplex, Multi Family
Built in 1884
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
Rear porchFull kitchenPrimary bedroom
- 134 days |
- 140 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Joel Bornstein 407-252-8092,
ROCK SPRINGS REALTY, LLC 877-333-2811
Source: Stellar MLS,MLS#: G5108016
Originating MLS: Lake and Sumter
Originating MLS: Lake and Sumter
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Rooms
- Room types: Attic, Family Room
Heating
- Central, Electric
Cooling
- Ductless
Appliances
- Included: Electric Water Heater, Range, Range Hood, Refrigerator
- Laundry: None
Features
- Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Laminate, Hardwood
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 3,205
- Total interior livable area: 2,841 sqft
Property
Parking
- Parking features: Guest, Reserved
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Patio, Rear Porch, Screened
- Exterior features: Lighting, Sidewalk
Lot
- Size: 0.29 Acres
- Dimensions: 55 x 234
- Features: City Lot, Level, Near Public Transit, Sidewalk
Details
- Parcel number: 111926010007600401
- Zoning: SR
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1884
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Pet fee: $0 monthly
- Subdivision: EUSTIS
HOA
- Has HOA: No
Location
- Region: Eustis
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $205,318
- Annual tax amount: $3,915
- Date on market: 2/17/2026
- Cumulative days on market: 135 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 3935
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Listed for sale | $490,000+180%$172/sqft |
Source:  Stellar MLS #G5108332 Report a problem | ||
| 10/12/2017 | Sold | $175,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,078 -0.9% | $205,318 +0.7% |
| 2024 | $4,115 +5.5% | $203,920 +5.4% |
| 2023 | $3,899 +8.6% | $193,390 +10% |
| 2022 | $3,591 +8.2% | $175,815 +7.7% |
| 2021 | $3,318 -4.8% | $163,244 +0% |
| 2020 | $3,483 +3.2% | $163,172 +4.7% |
| 2019 | $3,376 +6.9% | $155,880 +5.6% |
| 2018 | $3,157 | $147,674 +32.7% |
| 2017 | $3,157 +32.3% | $111,272 |
| 2016 | $2,386 -1.3% | $111,272 +1.9% |
| 2015 | $2,418 +0.6% | $109,184 +1.8% |
| 2014 | $2,404 +6% | $107,287 +2.4% |
| 2013 | $2,268 +105% | $104,821 +98.3% |
| 2012 | $1,106 -21.9% | $52,865 -23.8% |
| 2011 | $1,417 -4.3% | $69,353 -5.9% |
| 2010 | $1,481 -15.7% | $73,726 -18.1% |
| 2009 | $1,757 -1.6% | $90,021 -3.8% |
| 2008 | $1,786 -1.9% | $93,591 |
| 2007 | $1,820 -8.9% | $93,591 |
| 2006 | $1,997 +20.4% | $93,591 +23.8% |
| 2005 | $1,659 +4.6% | $75,605 |
| 2004 | $1,586 +30.1% | -- |
| 2003 | $1,219 +7% | $86,707 +69.5% |
| 2002 | $1,139 +13.5% | $51,154 +8.5% |
| 2001 | $1,004 -1% | $47,135 |
| 2000 | $1,014 | $47,135 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32726
Nearby schools
GreatSchools rating
- 4/10Eustis Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Eustis Middle SchoolGrades: 6-8Distance: 2.2 mi
- 3/10Eustis High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Eustis Elem
- Middle: Eustis Middle
- High: Eustis High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lake County
- Eustis
- 32726
- 422 E Citrus Ave
Nearby cities
Nearby zip codes
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