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Property Description
Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place-Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.
Full Property Details
Full Property Details for 318 S Clake St
General
- Price: $465,000
- Taxes: $4,604 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: V4947850
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Attic Ventilator, High Ceilings, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Window Treatments
- Fireplace: Yes
- Fireplace(s): Decorative
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area, In Kitchen
Exterior
- Exterior Features: Private Yard, RV Hookup
Location
- Area: 32720 - Deland
- County: Volusia
- Development Name: 32720 - Deland
- Subdivision: CLAKES BLK 14 HOWRYS ADD DELAND
- Driving Directions: Going south on Woodland Blvd, turn left onto E Voorhis Ave, in 350 ft turn right onto S Clake St. (FYI- Most GPS wants to change "Clake" to "Lake").
School Information
- Elementary School: Blue Lake Elem
- Middle School: Deland Middle
- High School: Deland High
Community
- Community Name: 32720 - Deland
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Street Lights, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Cedar, Wood Frame
- Roof: Metal, Shingle
- Stories/Levels: Multi/Split
- Square Feet: 2,221
- Sq. Ft. Source: Public Records
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 15,000
- Lot Size: 15000
- Street/Road Desc.: Asphalt
Green Features
- Energy Efficient: Appliances, Insulation, Lighting
Financial Considerations
- Tax Amount: $4,604
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 7 & 8 CLAKES SUB BLK 14 HOWRYS ADD DELAND MB 5 PG 2 MB 15 PG 175 PER OR 4681 PG 0556 PER OR 5488 PG 1446 PER OR 5705 PG 0764 PER OR 6118 PGS 1684-1685 PER OR 7441 PGS 3487-3488 PER OR 7618 PGS 3912-3913 PER OR 8727 PG 0344 PER OR 8729 PG 4113
- Flood Zone Info: X
- APN: 701612000070
- Property ID: 701612000070
- Block/Lot/Section: 14
Listed by Century 21 Sundance Realty
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Schools
Schools serving 318 S Clake St
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Deland High School 800 North Hill Avenue, DeLand, FL 32724 | 9-12 | 1.5 mi |
Blue Lake Elementary School, DeLand, FL 282 North Blue Lake Avenue, DeLand, FL 32724 | PK-5 | 1.9 mi |
Deland Middle School 1400 Aquarius Avenue, DeLand, FL 32724 | 6-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 S Clake St
Date
Details
Price
Change
Source
4/02/2026
Listed
$465,000
102.17%
MLS
10/25/2018
Sold
$230,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 318 S Clake St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,702
—
$269,239
5%
2024
$4,702
3%
$255,347
4%
2023
$4,546
11%
$245,624
23%
2021
$4,093
-2%
$199,256
-10%
2022
$4,191
2%
$220,403
10%
2021
$4,093
—
$199,715
6%
2019
$4,079
7%
$188,935
12%
2018
$3,803
-8%
$168,946
-4%
2017
$4,123
10%
$176,805
9%
2016
$3,740
4%
$162,833
7%
2015
$3,601
8%
$152,473
11%
2014
$3,343
6%
$137,695
9%
2013
$3,160
—
$126,648
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 318 S Clake St
318 S Clake Street, Deland, FL 32720 (MLS# V4947850) is a Triplex property with 4 bedrooms and 0 full bathrooms. 318 S Clake Street is currently listed for $465,000 and was received on April 02, 2026. Want to learn more about 318 S Clake Street? Do you have questions about finding other Triplex real estate for sale in Deland? You can browse all Deland real estate or contact a Coldwell Banker agent to request more information.

