450 S HILL AVENUE Deland, FL $ 329,900
450 S HILL AVENUE
$ 329,900
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450 S HILL AVENUE

Deland, FL, 32724
$ 329,900
Bedrooms4 Baths4.0 Sq 1,740

Monthly Estimate*

$ 2,083

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Multi-Family Home for sale in Deland, FL

for $329,900 with 4 bedrooms and 4 full baths. This 1,740 square foot home was built in 1988 on a lot size of 0.12.

Income-Producing Deland Duplex Near Downtown Great investment opportunity in a desirable Deland location close to downtown! This duplex features **two spacious 2-bedroom, 2-bath units**, with each side offering approximately **870 square feet of living space** and its own **1-car detached garage**. One unit has already received some renovations, while the other offers an opportunity for the new owner to update and add value. The current owner has intentionally kept rents below market at just **$700 per month per side**, while similar units on the same street are reportedly renting for approximately **$1,500–$1,700 per month**. Current leases expire in **June 2027**, providing an excellent opportunity for a new owner to reposition the property and increase rental income. With a convenient location near downtown Deland, solid unit sizes, private garages, and significant rental upside, this property offers an attractive opportunity for investors looking for **long-term income potential and value-add upside**. Whether you choose to renovate and increase rents or hold as a long-term investment, this duplex is worth a look!

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Multi-Family Active

Price

$ 329,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,902

Style

Duplex

Lot Size

0.12

Year Built

1988

Town/City

Deland

County/Region

Volusia

MLS | Web ID

G5117012

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Roof Shingle
Zoning 05R2
Garage Spaces 1
Construction Materials Block
Pets Allowed Yes
Year Built 1988
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Gross Income 16800
Additional Parcels Description 701518020111
County Volusia
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name SMATHERS BLK 173 DELAND
Garage Y/N true
Status Active
Directions 44 east to right on S Hill Ave. 450/452 S Hill on right about a mile down
City DELAND
Senior Community Y/N false
MLS Area 32724 - Deland
Lot Size Units Square Feet
Lot Size Square Feet 5168
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 1902.02
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5117012
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 11
Total Actual Rent 1400
Legal Description N 1/2 OF LOT 11 BLK B SMATHERS SUB BLK 173 DELAND MB 23 PG 202 PER OR 3527 PG 1049 PER OR 8391 PG 0855 PER OR 8510 PG 4126
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Eating Space In Kitchen
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities None
Water Source Public
Lot Size Area 5168
Foundation Details Slab
Number of Buildings 2
Lot Dimensions 38 x 136
Lot Size Acres 0.12
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 1
Number of Lots 2
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* Excluded Features
List By
mike@mikesimpsonrealtor.com

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Affordability Calculator

$2,242
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,083
Monthly Property Taxes
$159
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$329,900 Listed Price

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450 S HILL AVENUE, Deland, FL, 32724 is a Multi-Family Home for sale at $329,900 with 1,740 sqft and a lot size of 0.12. 450 S HILL AVENUE has 4 bedrooms, 4.0 baths, and was built in 1988. The property's zip code is 32724 which is in Deland, FL