Browse All Eustis FL Multi-Family Properties for Sale

Investment Opportunity – 6-Unit Multifamily Property Near Historic Downtown Eustis. Great opportunity to acquire a 6-unit multifamily property located just minutes from historic downtown Eustis, waterfront parks, shopping, dining, and entertainment. Originally built in 1919, this income-producing property offers historic character combined with significant upside potential. The property consists of six residential units with four units currently occupied and two vacant units currently available for lease, providing an immediate opportunity to increase cash flow. Unit mix includes one 3-bedroom/2-bath unit, one 2-bedroom/1-bath unit, and four 1-bedroom/1-bath units. Several tenants have established rental histories, with a combination of long-term occupants and month-to-month tenancy providing flexibility for future management strategies. Conveniently located within close proximity to downtown Eustis and major transportation corridors, the property is well-positioned to benefit from continued growth throughout Lake County. With two vacant units ready for lease-up and several existing rents offering potential for future adjustment, investors have the opportunity to increase income and maximize returns. This property presents an excellent opportunity for investors seeking a value-add multifamily asset with much of the heavy lifting already completed. Rent roll, lease information, and operating expense summary available upon request. Buyer to verify all measurements, zoning, future use, financial projections, and all information deemed important to the buyer. Do not disturb tenants. Showings by appointment only.

527 E Lemon Avenue, Eustis

$399,900

4 Beds ⋅ 6 Baths ⋅ Eustis Jenson Park SubDv. ⋅ 32726 Zip Code

Income-producing duplex at 1120 & 1122 S Mary St., offering two spacious 2-bedroom, 2.5-bath units, each with its own private garage for added convenience and storage. Both units are currently tenant-occupied on month-to-month leases, providing immediate rental income with future flexibility. Each unit features a comfortable and functional layout designed for everyday living. This property presents an excellent opportunity for investors seeking a strong cash-flowing asset or owner-occupants looking to live in one unit while generating income from the other. Whether you're expanding your investment portfolio or looking for a smart way to offset your mortgage, this duplex offers versatility, value, and income potential. Conveniently located in a growing area with easy access to shopping, dining, schools, and major roadways, this is an opportunity you won't want to miss.

1120 S Mary Street, Eustis

$430,000

5 Beds ⋅ 3 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code

Investment Opportunity in the Heart of Eustis! Welcome to 301 E Atwater Ave – a Single Family 3/1 home with an 2/2 Duplex located adjacent on 1305 S Dewey St, all on one tax parcel! Located just minutes from charming downtown Eustis. This partially occupied income-producing property offers an ideal mix of unit sizes and strong rental potential, making it a perfect addition to any investor’s portfolio or a great opportunity for house-hackers. New Roofs on both buildings completed May 2025! The House on 301 E Atwater features a freshly renovated spacious 3-bedroom, 1-bath with a bright and open layout, laundry room with hookups, boasting new paint interior and exterior, new flooring, and granite counters. 1305 S Dewey Duplex offers two, 1/1 comfortable layouts w/ a shared laundry space for tenants along with an outdoor covered rear porch. Apartment #1 upstairs has been fully renovated with new paint interior, new floors, new kitchen cabinets and granite counters, and all new fixtures. Apartment #2 located downstairs is currently occupied on a signed lease. Situated on a generously sized fenced in lot. Located in a growing area of Lake County, this property is conveniently close to schools, parks, shopping, and public transit, with easy access to US-441. Whether you're a seasoned investor or just getting started, this two building/3 unit is a smart buy with reliable cash flow and long-term upside. Don’t miss your chance to own a multi-family property in one of Central Florida's most desirable rental markets!

301 E Atwater Avenue, Eustis

$490,000

5 Beds ⋅ 4 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code

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.

422 E Citrus Avenue, Eustis

$490,000

4 Beds ⋅ 4 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code

Under contract-accepting backup offers. ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING, PLUS (4) STORAGE RENTAL UNITS FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.16% CAP Rate with Additional Revenue Potential. 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. All units were fully remodeled and updated in 2019. The property also includes a detached (4-unit) rental storage building with roll-up doors that generates $500.00 in monthly income. 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. ALSO, the Quad-Plex next door is also listed for sale (422 E. Citrus Ave.), see MLS#G5108332.

426 E Citrus Avenue, Eustis

$299,900

5 Beds ⋅ 3 Baths ⋅ Mrs S D Shorts Sub SubDv. ⋅ 32726 Zip Code

Income-Producing Duplex in Eustis! Excellent investment opportunity with strong cash flow history. This well-located duplex at 206 Osceola Ave can generate approximately $3,000 in gross monthly rental income. The property offers two units with a total of 5 bedrooms and 3 bathrooms, providing stable rental demand and efficient management under one roof. Conveniently located near downtown Eustis, shopping, schools, and local amenities. Ideal for investors seeking immediate income in a growing Lake County market.

206 Osceola Avenue, Eustis

$525,000

6 Beds ⋅ 4 Baths ⋅ Eustis Bishops Sub SubDv. ⋅ 32726 Zip Code

Introducing an exceptional opportunity in Eustis, Florida. A modern duplex that fuses contemporary living with prudent investment potential. Constructed in 2024, this single-story, 2,634-square-foot property is a true rarity in the neighborhood. Comprising two impeccably designed units, each offers 3 bedrooms and 2 bathrooms, culminating in a balanced total of 6 bedrooms and 4 bathrooms. One unit is currently owner-occupied, while the other is tenant-occupied, creating a flexible living arrangement that caters to investors, aspiring owner-occupiers, or those seeking a multi-generational home setup. The property's recent appraisal reinforces its remarkable value, supported by strong market comps that underscore the duplex’s financial allure. Key attributes include solid construction and modern systems that promise low-maintenance living. Both units offer spacious layouts that prioritize comfort and functionality. Attached garages add convenience, while the new construction ensures energy efficiency and minimal upkeep. This distinctive property, unaffiliated with any homeowners association, delivers freedom and autonomy in lifestyle. Seize this opportunity to own a piece of modern architectural mastery in an expanding area, where new construction and investment potential align seamlessly. Nestled in the heart of Eustis, Florida, this charming home offers residents a vibrant lifestyle within a 50-mile radius of diverse attractions and amenities. Discover the unique charm of downtown Eustis, where a variety of shopping, dining, and everyday conveniences await. Just minutes away, Lake Eustis offers fantastic opportunities for boating and fishing, while Ferran Park provides a serene spot for leisurely strolls along the waterfront. Enthusiasts of arts and culture will enjoy regular events and festivals in nearby Mount Dora, a city known for its historic downtown and eclectic restaurants. For those commuting, major roadways offer easy access to employment hubs in Orlando and the surrounding Central Florida region. With Orlando Sanford International Airport a short drive away, travel convenience is at your fingertips. Explore local shopping at Eustis Square Shopping Center and an array of boutique shops, or delve into nature at the expansive Ocala National Forest, ideal for hiking and outdoor adventures. Optimize your lifestyle with this home that places you within reach of everything that vibrant Central Florida offers.

1021/1023 Titcomb Street, Eustis

$749,000

Eustis SubDv. ⋅ 32726 Zip Code

Fully rehabbed and fully occupied 7-unit multifamily property located in Eustis, FL. This stabilized investment is currently generating $7,210 in monthly gross rent with a strong and consistent rental history. After taxes and insurance, the property is being offered at nearly a 10% cap rate, providing attractive in-place cash flow. The property has been renovated, reducing near-term capital expenditure needs and allowing a new owner to benefit from immediate income with minimal deferred maintenance. All units are 100% occupied, offering instant returns with no lease-up period required. Conveniently located within the Eustis rental market near local amenities, employment centers, and major roadways. This asset is well-suited for investors seeking a stabilized multifamily property, portfolio expansion, or a 1031 exchange opportunity. Financials available upon request. Showings by appointment only — please do not disturb tenants.

205 S Grove Street, Eustis

$375,000

3 Beds ⋅ 1 Baths ⋅ Eustis Clifford Park SubDv. ⋅ 32726 Zip Code

Under contract-accepting backup offers. Introducing 600 N Eustis Street, a versatile office space with its own private parking lot and convenient through lanes connecting directly to the heart of Eustis—just one block from downtown. This prime location offers excellent accessibility and visibility for both clients and staff. Formerly a dental office, the property is well-suited for medical, financial, or professional use, featuring seven enclosed offices, a welcoming front reception area, a break room, and a dedicated storage space. The layout provides flexibility for businesses that benefit from private office suites while maintaining an efficient flow for daily operations. Additional highlights include great signage opportunities for maximum exposure, a restroom for staff and clients, and custom filing organization already in place. The property does need two new AC units and a new roof, offering an opportunity for the next owner to update and customize the space to their specifications. With its combination of location, functionality, and adaptability, 600 N Eustis Street presents a strong opportunity for a wide range of professional users.

600 N Eustis Street, Eustis

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