Quick 32703 Zip Code FL MLS Search

32703 Zip Code Multi-Family Real Estate & Homes

32703 Zip Code FL is our specialty. The Homes In Orlando Team is committed to making the buying and selling of multi-family real estate in 32703 Zip Code, FL a pleasurable and rewarding experience. Our website allows you to search all active 32703 Zip Code multi-family real estate for sale. It is easy to use and navigate through multi-family property searches. You can also save searches and get daily email alerts of new listings as they become available.

 

Browse All 32703 Zip Code FL Multi-Family Properties for Sale

$425,000
4 Beds 2 Baths Frst Cove SubDv. 32703 Zip Code
Exceptional investment opportunity in Apopka! This well-maintained duplex features two spacious units, each offering 2 bedrooms and 1 bathroom, making it an ideal addition to any investor’s portfolio. With both sides already occupied by long-term tenants, this property provides immediate, reliable rental income from day one—perfect for those seeking a truly turnkey investment. The property has been carefully maintained, with all major systems in excellent condition. The roof was replaced in 2019, both HVAC systems have been updated in 2022 and 2021, the water heaters were installed in 2020, and there is a brand new septic system in 2026. These key improvements offer peace of mind and help minimize future capital expenses, allowing you to focus on maximizing returns. Location is another standout feature. Situated in the growing and highly desirable Apopka area, the property offers convenient access to everything Central Florida has to offer. Enjoy close proximity to world-renowned destinations like Walt Disney World and Universal Studios Florida, as well as an easy drive to Florida’s beautiful beaches along both the Atlantic and Gulf coasts. Residents will also appreciate the abundance of nearby dining, shopping, and entertainment options, along with easy access to major roadways for commuting throughout the greater Orlando area. Full duplex properties like this are rarely available, especially in such a strong rental market. Whether you’re looking to expand your investment portfolio or secure a stable, income-producing asset in a high-demand area, this is an opportunity you don’t want to miss.

202 Otter Lane, Apopka

$837,500
8 Beds 8 Baths Dovehill SubDv. 32703 Zip Code
This fully renovated 4-unit multifamily property in the heart of Apopka is a turnkey investment offering strong cash flow and long-term upside. All four units are fully occupied, generating a gross monthly rent of $7,125, plus an additional $100 per month from on-site laundry machine rentals. The current cap rate is 7.03%, with a projected increase to 7.91% by year five. A five-year pro forma estimates total profit at $253k with an 97% return on investment at the current purchase price. Recent upgrades include a new permitted roof installed in 2017, new water heaters, new electrical panels, and central air units installed in 2020, 2020, 2016, and 2011—all recently serviced and in excellent condition. The property features two fully permitted septic systems, with one drain field replaced in 2021 and the other in 2024. Each unit has been modernized with granite countertops, gray shaker cabinets, black fixtures, new blinds, updated bathrooms, and luxury waterproof wood plank flooring with a lifetime warranty. Stainless steel appliances and fresh interior paint complete the high-end finish. Each unit includes laundry hookups, private patios, and spacious backyards. The exterior has been refreshed with new exterior paint and a newly resealed parking lot. Annual gross income is currently $84k. Additional value-add opportunities include backyard storage units or expanded laundry rentals to increase revenue. Insurance quote available in broker documents is $6,587 per year. Rent roll, 5 year pro-forma, and an insurance quote are attached in documents section. Please do not disturb the tenants. Interior Showings available only after under contract.

1236 Dovehill Drive, Apopka

Start Your Search