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$450,000 Just Listed
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Property Description
Investment Opportunity in the Heart of Eustis! Welcome to 301 E Atwater Ave - a Single Family 3/1 home with an attached 2/2 Duplex located 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!
Full Property Details
Full Property Details for 301 E Atwater Ave
General
- Price: $450,000
- Taxes: $4,104 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: G5108348
- Updated: Today (2/19/2026)
- Added to Site: Today
Interior
- Interior Features: Ceiling Fan(s), Solid Surface Counters, Thermostat
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Outside
Exterior
- Exterior Features: Fenced, Private Yard, Sidewalk, Storage
Location
- Area: 32726 - Eustis
- County: Lake
- Development Name: 32726 - Eustis
- Subdivision: EUSTIS
- Driving Directions: From U.S. 441 in Eustis, turn west onto E Orange Ave toward downtown. Continue to Grove St and turn right (north). Proceed one block and turn right onto E Atwater Ave. Follow E Atwater Ave to 301 E Atwater Ave, which will be on the right-hand side.
Community
- Community Name: 32726 - Eustis
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 2,341
- Sq. Ft. Source: Public Records
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,842
- Lot Size: 9842
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $4,104
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: EUSTIS W 74 FT OF S 132 FT OF LOT 3 BLK 144 PB 1 PG 79 ORB 4736 PG 899
- Flood Zone Info: X
- APN: 111926010014400311
- Property ID: 111926010014400311
- Block/Lot/Section: 144
Listed by Narrow Road Realty
Get Pre-Approved Today
Schools
Schools serving 301 E Atwater Ave
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Eustis Heights Elementary School 310 West Taylor Avenue, Eustis, FL 32726 | PK-5 | 0.5 mi |
Eustis Middle School 18725 Bates Avenue, Eustis, FL 32736 | 6-8 | 2.6 mi |
Eustis High School 1300 East Washington Avenue, Eustis, FL 32726 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 301 E Atwater Ave
Date
Details
Price
Change
Source
2/19/2026
Listed
$450,000
291.3%
MLS
1/22/2016
Sold
$115,000
—
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 301 E Atwater Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,933
7%
$265,252
3%
2023
$3,660
46%
$257,627
109%
2021
$2,509
-27%
$123,461
-48%
2022
$3,420
36%
$239,175
94%
2021
$2,509
7%
$123,328
12%
2018
$2,353
4%
$110,089
4%
2017
$2,265
-12%
$105,638
-12%
2019
$2,586
15%
$119,407
16%
2016
$2,246
—
$103,352
2%
2015
$2,255
1%
$101,304
2%
2014
$2,228
6%
$99,444
2%
2013
$2,100
—
$97,024
—
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 301 E Atwater Ave
301 E Atwater Avenue, Eustis, FL 32726 (MLS# G5108348) is a Triplex property with 5 bedrooms and 0 full bathrooms. 301 E Atwater Avenue is currently listed for $450,000 and was received on February 19, 2026. Want to learn more about 301 E Atwater Avenue? Do you have questions about finding other Triplex real estate for sale in Eustis? You can browse all Eustis real estate or contact a Coldwell Banker agent to request more information.

