318 S Clake Street, Deland, FL 32720
- $460,000
- 4
- BD
- 4
- BA
- 2,221
- SqFt
- Sold Price
- $460,000
- List Price
- $465,000
- Status
- Sold
- Days on Market
- 22
- Closing Date
- May 29, 2026
- MLS#
- V4947850
- Property Style
- Triplex
- Year Built
- 1941
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,221
- Lot Size
- 15,000
- Acres
- 0.34
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Clakes Blk 14 Howrys Add Deland
- Complex/Comm Name
- 7141 - Deland- W/S C
- MLS Area Major
- Deland
Property Description
Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place—Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.
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Additional Information
- Taxes
- $4604
- Annual Gross Income
- 62400
- Community Features
- Street Lights, No Deed Restriction
- Property Description
- Split Level
- Zoning
- 1210-MIXED
- Interior Layout
- Attic Ventilator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments
- Interior Features
- Attic Ventilator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Fireplace
- Yes
- Fireplace Description
- Decorative
- Exterior Construction
- Block, Cedar, Frame
- Exterior Features
- Private Yard, RV Hookup
- Roof
- Metal, Shingle
- Foundation
- Crawlspace, Pillar/Post/Pier, Slab
- Pool
- No Pool
- Elementary School
- Blue Lake Elem
- Middle School
- Deland Middle
- High School
- Deland High
- Flood Zone Code
- X
- Parcel ID
- 00-70-16-12-00-0070
- Legal Description
- LOTS 7 & 8 CLAKES SUB BLK 14 HOWRYS ADD DELAND MB 5 PG 2 MB 15 PG 175 PER OR 4681 PG 0556 PER OR 5488 PG 1446 PER OR 5705 PG 0764 PER OR 6118 PGS 1684-1685 PER OR 7441 PGS 3487-3488 PER OR 7618 PGS 3912-3913 PER OR 8727 PG 0344 PER OR 8729 PG 4113
Listing courtesy of CENTURY 21 SUNDANCE REALTY. 386-756-6800
Selling Office: REAL ESTATE PROFESSIONALS SE.Mortgage Calculator
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