422 E CITRUS AVENUE Eustis, FL $ 490,000
422 E CITRUS AVENUE
$ 490,000
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422 E CITRUS AVENUE

Eustis, FL, 32726
$ 490,000
Bedrooms5 Baths4.0 Sq 2,841

Monthly Estimate*

$ 3,017

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Multi-Family Home for sale in Eustis, FL

for $490,000 with 5 bedrooms and 4 full baths. This 2,841 square foot home was built in 1884 on a lot size of 0.29.

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.

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Multi-Family Active

Price

$ 490,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,915

Style

Quadruplex

Lot Size

0.29

Year Built

1884

Town/City

Eustis

County/Region

Lake

MLS | Web ID

G5108016

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Mini-Split Unit(s)
Utilities BB/HS Internet Available Cable Available Electricity Connected Phone Available Sewer Connected Street Lights Water Connected
Possession Close Of Escrow
Roof Metal Shingle
Appliances Electric Water Heater Range Range Hood Refrigerator
Zoning SR
Patio/Porch Features Front Porch Patio Rear Porch Screened
Construction Materials Wood Frame
Pets Allowed Breed Restrictions Number Limit Size Limit Yes
Year Built 1884
Tenant Pays Electricity
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Gross Income 47220
Community Features Sidewalks
County Lake
New Construction false
Property Type Residential Income
Subdivision Name EUSTIS
Garage Y/N false
Status Active
Directions Driving Directions: From Hwy 441 in Eustis head north on S. Bay Street (Hwy 19) for approximately 2 miles. Turn right onto Citrus Ave and follow down. Property will be down on the right.
High School Eustis High School
City EUSTIS
Senior Community Y/N false
Number Of Units Total 4
MLS Area 32726 - Eustis
Lot Size Units Square Feet
Lot Size Square Feet 12749
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Eustis Elem
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 3915
Middle/Junior High School Eustis Middle
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 4
Total Actual Rent 3935
Legal Description EUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76 RUN N TO PT 44 FT S OF N LINE OF LOT 4 E 4 FT N 44 FT E 51 FT S TO S LINE LOT 4 W TO POB PB 1 PG 79 ORB 858 PGS 1609-1614
Pet Size Limit Small (16-35 Lbs.)
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Attic Family Room
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities 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) Window Treatments
Flooring Carpet Ceramic Tile Laminate Hardwood
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Treatments
Fireplace Y/N false
Laundry Features None
Total Bedrooms 5
Total Baths 4
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Exterior
Exterior Amenities Lighting Sidewalk
Parking Features Guest Reserved
Lot Features City Lot Level Near Public Transit Sidewalk
Water Source Public
Lot Size Area 12749
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 3205
Lot Dimensions 55 x 234
Lot Size Acres 0.29
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Number of Separate Water Meters 1
Number of Separate Electric Meters 4
Road Frontage Type Street Paved
Number of Lots 1
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Rock Springs Realty, Llc

Broker

joe@rockspringsrealty.net

Email

Affordability Calculator

$3,343
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,017
Monthly Property Taxes
$326
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Eustis High School High School High School
Pricing History
DatePricePrice ChangeDescription
2/17/2026$490,000 Listed Price

Map


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422 E CITRUS AVENUE, Eustis, FL, 32726 is a Multi-Family Home for sale at $490,000 with 2,841 sqft and a lot size of 0.29. 422 E CITRUS AVENUE has 5 bedrooms, 4.0 baths, and was built in 1884. The property's zip code is 32726 which is in Eustis, FL