422 E CITRUS AVENUE, Eustis, Lake, Residential Income

422 E CITRUS AVENUE

MLS# G5108016238 days on marketUpdated October 20, 2026 2:41 pm

$ 165 / sqft

$ 469,500

Reduced from $ 490,000

UpdatedOctober 20, 2026 2:41 pm

MLS #G5108016

Bedrooms5

Size2,841 ft²

Year Built1884

"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.

Street422 CITRUS
CityEustis
SubdivisionEUSTIS
CountyLake
StateFL
Zip32726
MLS #G5108016

AppliancesElectric Water Heater, Range, Range Hood, Refrigerator
Bathrooms Total Integer4
Bedrooms Total5
CoolingMini-Split Unit(s)
CoolingYes
FlooringCarpet, Ceramic Tile, Laminate, Hardwood
FurnishedUnfurnished
HeatingCentral, Electric
HeatingYes
Interior FeaturesBuilt-in Features, Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Laundry FeaturesNone
LevelsTwo
Living Area2,841
Living Area SourcePublic Records
Living Area UnitsSquare Feet
Window FeaturesWindow Treatments

Exterior FeaturesLighting, Sidewalk
Lot FeaturesCity Lot, Level, Near Public Transit, Sidewalk
Lot Size Acres0
Lot Size Area12,749
Lot Size Dimensions55 x 234
Lot Size Square Feet12,749
Lot Size UnitsSquare Feet
Parking FeaturesGuest, Reserved
Patio And Porch FeaturesFront Porch, Patio, Rear Porch, Screened
Road Frontage TypeStreet Paved
Road Surface TypePaved, Asphalt
RoofMetal, Shingle

Building Area Total3,205
Construction MaterialsWood Frame
Foundation DetailsCrawlspace
Number Of Buildings1
Number Of Units Total4
Year Built1884

SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected
Water SourcePublic

Lease Term12 Months
Parcel Number111926010007600401
Pets AllowedBreed Restrictions, Number Limit, Size Limit, Yes
Tax Annual Amount3,915
Tax Block76
Tax Book Number1-79
Tax Legal DescriptionEUSTIS BEG 79 FT E OF SW COR OF LOT 4 BLK 76, RUN N TO PT 44 FT S OF N LINE OF LOT 4, E 4 FT, N 44 FT, E 51 FT, S TO S LINE LOT 4, W TO POB PB 1 PG 79 ORB 858 PGS 1609-1614
Tax Lot4
Tax Year2025
ZoningSR

Elementary SchoolEustis Elem
High SchoolEustis High School
Middle Or Junior SchoolEustis Middle

Community FeaturesSidewalks
CountryUnited States
County Or ParishLake
DirectionsDriving Directions: From Hwy 441 in Eustis, head north on S. Bay Street (Hwy 19) for approximately 2 miles. Turn right onto Citrus Ave and follow down. Property will be down on the right.
Latitude29
Longitude-82
MLS Area Major32726 - Eustis
Postal Code32726
Postal Code Plus44187
Street Direction PrefixE
Street NameCITRUS
Street Number422
Street Number Numeric422
Street SuffixAVENUE
Subdivision NameEUSTIS
Unparsed Address422 E CITRUS AVENUE