1123 Elmwood Street, Orlando, FL 32801

$1,850,000
6,025
SqFt

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Sold Price
$1,850,000
List Price
$1,890,000
Status
Sold
Days on Market
0
Closing Date
May 26, 2026
MLS#
O6394900
Property Style
Multi-Family 5+
Year Built
1966
Living Area
6,025
Lot Size
13,664
Acres
0.31
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Bungalow Park
MLS Area Major
Orlando

Property Description

Well-maintained 8-unit multifamily property in a desirable Orlando location. The building consists of four 1/1 units and four 2-bedroom units, featuring two distinct 2-bedroom layouts, providing a strong and diversified unit mix. Constructed of solid concrete block, the property has a new roof installed in 2024 and fresh interior paint, reflecting pride of ownership and limited near-term capital needs. The property is situated on a corner lot with excellent parking, including reserved spaces for all units: one space per 1/1 unit and two reserved spaces for each 2-bedroom unit, plus additional street parking along Elmwood. The two-story stacked flat layout includes clean, recently input a new stairwell and well-maintained common areas. The property benefits from a history of long-term tenants with minimal turnover, contributing to stable occupancy and consistent income. Located in an area known for excellent schools, the property experiences strong tenant demand and durability across market cycles. Current rents provide solid in-place income with potential upside, making this an ideal opportunity for an investor seeking a clean, stabilized small multifamily asset in a supply-constrained market. Cash buyers only!

Additional Information

Taxes
$17397
Community Features
No Deed Restriction
Zoning
R-2B/T/AN
Interior Layout
Living Room/Dining Room Combo
Interior Features
Living Room/Dining Room Combo
Utilities
Cable Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Balcony, Courtyard, Dog Run, Fence, Lighting
Roof
Membrane
Foundation
Slab
Pool
No Pool
Elementary School
Blankner Elem
High School
Boone High
Flood Zone Code
X
Parcel ID
36-22-29-1040-00-130
Legal Description
BUNGALOW PARK G/52 LOTS 13 & 14

Listing courtesy of OLDE TOWN BROKERS INC. 407-425-5069

Selling Office: C BRENNER INC.

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