Browse All Eustis FL Multi-Family Properties for Sale

6 Beds ⋅ 4 Baths ⋅ Eustis Idlewild Heights SubDv. ⋅ 32726 Zip Code

Excellent investment opportunity featuring two newer-construction single-family homes, both currently tenant-occupied and producing immediate rental income. Please do not disturb the tenants. The first home was built in 2022 and is currently leased for $2,400 per month, with the lease expiring August 31, 2026. The second home was built in 2023 and is currently leased for $2,430 per month, with the lease expiring July 31, 2026. Both tenants have occupied their respective homes since construction was completed, providing a strong history of long-term occupancy. The homes feature attractive modern finishes, including wood-look tile flooring, quartz countertops, stainless steel appliances, tray ceilings, and spacious open-concept living areas. These newer homes combine stylish design with durable, low-maintenance finishes that appeal to both tenants and investors. Together, the properties generate $4,830 per month in gross rental income, or $57,960 annually at the current lease rates. The seller prefers to sell both properties together as a package, offering an excellent opportunity to acquire two stabilized rentals at once, but may consider selling the homes individually. With newer construction, established tenants, similar finishes and locations, and upcoming lease flexibility, this is an attractive opportunity for an investor seeking dependable rental income with long-term upside.

* 202 W Idlewild Ave & 506 Fahnstock St, Eustis

$939,800

13 Beds ⋅ 8 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code

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, and provides a blended 6.925% 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-BathUnits. 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.

422 & 426 E Citrus Avenue, Eustis

$599,000

00e1 Eustis SubDv. ⋅ 32726 Zip Code

Discover exceptional modern living in this brand-new duplex located at 525 Pine Lane in Eustis, Florida. Each spacious unit features 3 bedrooms and 2 full bathrooms, offering a comfortable and functional layout perfect for homeowners or investors seeking strong rental potential

525-527 Pine Lane, Eustis

$1,200,000

32726 Zip Code

Pre-Construction. To be built. 48 Unit Apartment Community - Fully Entitled - All Permits in hand including City Approvals, SJRWMD Permit, DEP Water & Wastewater Permits, Site Work Permit, a Water/Sewer Impact Fee Waiver, and Approved Signed Engineered Construction Plans. This 4.1 acres is adjacent to the Publix Supermarket at Woodland Center in Eustis, FL. This Pubix is scheduled to be torn down starting December 26, 2026 and rebuilt. The current site plan includes (2) 24 Unit 3-Story Buildings for a total of 48 units.

1925 County Road 19a, Eustis

$280,000

4 Beds ⋅ 2 Baths ⋅ Richards Add SubDv. ⋅ 32726 Zip Code

Exceptional renovated duplex offering an outstanding investment opportunity in the rapidly growing Eustis market. Each well-appointed unit features 2 bedrooms and 1 bathroom with thoughtfully designed living spaces that appeal to both investors and owner-occupants. Recent updates include luxury vinyl plank flooring throughout, open-concept living and dining areas, well-equipped kitchens, and modern finishes that enhance both style and functionality. The property also features newer air conditioning systems and water heaters, providing added value and peace of mind. Situated on a generous 0.45-acre lot, this property offers ample outdoor space to enjoy the Florida lifestyle while providing potential for future enhancements. Ideally located near shopping, dining, schools, parks, and major roadways, the property offers convenient access to Mount Dora, Tavares, and other desirable Central Florida destinations. Whether you're looking to expand your investment portfolio with a strong income-producing asset or live in one unit while generating rental income from the other, this turnkey duplex presents an exceptional opportunity in one of Lake County's growing markets. Schedule your private showing today!

2278 Maine Street, Eustis

$599,900

Eustis SubDv. ⋅ 32726 Zip Code

Investment Opportunity – 6-Unit Multifamily Property Near Historic Downtown Eustis. Full Occupancy! 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 every unit occupied, 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

$469,900

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

"NEW PRICE"- 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 7.03% 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

$469,900

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

"NEW PRICE"- 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 6.82% 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

$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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