LKV Realty
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$980,000
$5,000Reward *
422 & 426 E CITRUS Avenue, Eustis, FL 32726Listing ID G5108356

422 & 426 E CITRUS Avenue, Eustis, FL 32726

Active
EUSTIS
Time on site: 177 daysLast updated: Mar 26, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Bedrooms
Bedrooms
13
Bathrooms
Bathrooms
8
Square Feet
Square Feet
5,797
Acres
Acres
0.62
Days on Site
Days on Site
177
Cooling
Cooling
Central Air, Ductless, Ceiling Fan(s)
Heating
Heating
Central, Electric
Year Built
Year Built
1925
Garages
Garages
5
Parking
Parking
Assigned, Guest, Open

ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97,000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown, this is a "turnkey" investment opportunity, 100% occupancy, annual tenants, providing a blended 6.64% CAP-RATE. These two separate quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes a combined heated 5,203 s/f and total size of 5,797 s/f. Both building are on City of Eustis water & sewer services. Building 422 Profile: (3-qty) 1-Bedroom, 1-Bath and (1-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2018. Building 426 Profile: (4-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2019. Building 426 also has a detached (4-qty) Rental Storage Units with Roll-Up Doors that also generate cash flow to the property. All units have (2) dedicated parking spaces each. Additionally, 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. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. For reference, the purchase price includes the following properties: 422 E. Citrus Ave, Parcel ID#11-19-20-0100-076-00401, Alt Key#1759641 "and" 426 E. Citrus Ave, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information.

Property Information

Property Details

Location

Address
422 & 426 E CITRUS Avenue
County
Lake
City
Eustis
Zip Code
32726
Subdivision
EUSTIS
High School
Eustis High School
Elementary School
Eustis Elem
MLS Area
32726 - Eustis

Interior Features

Beds and Baths

Bedrooms
13

Building

Building Information

Square Feet
5,797
Year Built
1925
Construction
Stucco, Wood Siding, Wood Frame
Foundation
Crawlspace, Slab
Roof
Metal, Other, Shingle
Condition
New Construction

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$7,560
Tax Year
2025
ROCK SPRINGS REALTY, LLC, (877) 333-2811

Market Report for 32726

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

260502009