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421 Butler Street Melbourne, FL $ 247,000
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421 Butler Street
$ 247,000
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421 Butler Street

Melbourne, FL, 32901
$ 247,000
Bedrooms3 Baths0.0 Sq 1,125

Monthly Estimate*

$ 1,560

421 Butler Street, Melbourne, FL 32901 - Image 1
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Multi-Family Home for sale in Melbourne, FL

for $247,000 with 3 bedrooms. This 1,125 square foot home was built in 1955 on a lot size of 0.14.

Welcome to 421 Butler Street, a charming duplex located in the heart of Melbourne, Florida! This income-producing property offers a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. The duplex features two separate units with a total of 3 bedrooms and 2 full bathrooms. Each unit offers comfortable living spaces, functional layouts, and the convenience of being close to downtown Melbourne, shopping, dining, schools, and major roadways. Enjoy the flexibility of rental income potential or the ability to live in one unit while renting the other. Situated on a desirable lot in an established neighborhood, this property provides both convenience and opportunity in a growing area. Don't miss your chance to own a versatile duplex in a prime Melbourne location!

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Multi-Family Active

Price

$ 247,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 2,770

Style

Duplex

Lot Size

0.14

Year Built

1955

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1083562
Features
General
Living Area 1125
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric Wall/Window Unit(s)
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Membrane
Construction Materials Concrete
Year Built 1955
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Multi-Family Residential
Gross Income 25200
Additional Parcels Description 2728822
County Brevard
Net Operating Income 22540
Operating Expense 2659.66
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Indian River Bluff No 3
Facing Direction West
Garage Y/N false
Full Baths 0
Status Active
Directions Take Exit 180 for US-192/New Haven Ave toward Melbourne. Head east on US-192 (W New Haven Ave) toward downtown Melbourne. Continue about 3.5 miles through downtown. Turn right onto Babcock Street. Drive about 0.3 mile. Turn left onto Butler Street. Continue a short distance--421 Butler Street will be on your left
High School Melbourne
City Melbourne
Senior Community Y/N false
Number Of Units Total 2
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 6098.4
Carport Y/N false
Elementary School Harbor City
Tax Annual Amount 2770.48
Middle/Junior High School Hoover
MLS Area Minor 323 - Eau Gallie
Virtual Tour https://www.virtualtourcafe.com/mls/10009321
Standard Status Active
Legal Description INDIAN RIVER BLUFF NO 3 LOT 292 & S 10 FT OF LOT 293
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 3
Total Baths 0
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Exterior
Lot Features Few Trees
Water Source Public
Lot Size Area 0.14
Number of Buildings 1
Lot Size Acres 0.14
Road Surface Type Asphalt
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* Excluded Features
List By
Keller Williams Realty Brevard

Broker

tom@teamtaranto.com

Email

Affordability Calculator

$1,790
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$231
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
4776008 Elementary School
4810970 Middle School
Melbourne High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/28/2026$247,000 Listed Price

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421 Butler Street, Melbourne, FL, 32901 is a Multi-Family Home for sale at $247,000 with 1,125 sqft and a lot size of 0.14. 421 Butler Street has 3 bedrooms, 0.0 baths, and was built in 1955. The property's zip code is 32901 which is in Melbourne, FL

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