2050 S Deleon Avenue, Titusville, FL 32780

$245,000
4
BD
2,326
SqFt

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Sold Price
$245,000
List Price
$250,000
Closing Date
Oct 21, 2025
MLS#
1056439
Status
CLOSED
Type
Multifamily
County
Brevard
City
Titusville
Area
Titusville Garden
Subdivision
Whispering Hills Country Club Ests Sec 3
Bedrooms
4
Living Area
2,326
Total Square Feet
10,454
Acres
0.24
Year Built
1987
Days on Market
46

Property Description

Turnkey Duplex with Strong Rental History Discover a well-maintained income-producing duplex located on DeLeon Street, perfect for both seasoned investors and those looking to start their real estate portfolio. With a calculated 5% cap rate based on a $250,000 purchase price, this property offers a solid return in today's market. Each side of the duplex is currently rented, generating $1,825 in total monthly income ($815 and $1,010). The property's low monthly expenses - including approximately $290 for insurance, $285 for property taxes, $150 for management, and $100 for lawn care - help ensure steady cash flow and a hassle-free investment. This duplex has been thoughtfully maintained over the years with major upgrades already completed, including a 2017 dimensional shingle roof, two newer hot water heaters (2016 and 2024), and two updated AC units (2019 and 2021). The home is protected by a current termite bond with Stark Exterminators.

Additional Information

Tax Year
2023
Tax Amount
$3,493
Equipment And Appliances
Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Exterior Finish
Frame, Stucco
Construction
Frame, Stucco
Roof
Shingle
Floor
Carpet, Vinyl
Elementary School
Apollo
Middle School
Jackson
High School
Titusville

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Calculator source: Real Geeks

Listing courtesy of RISE Realty Services. Selling Office: Non-MLS or Out of Area.