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$490,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.29 Acres
  • Updated 3 days ago
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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 6.74% 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.

Full Property Details for 422 E Citrus Ave

General

  • Price: $490,000
  • Taxes: $3,915 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5108016
  • Updated: 2/24/2026
  • Added to Site: 11 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months
  • Min. Lease: No Minimum

Interior

  • Interior Features: Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Kitchen and Family Room Combination, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Ceramic Tile, Laminate, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Lighting, Sidewalk
  • Deck/Patio: Front Porch, Patio, Rear Porch, Screened
  • Porch/Patio/Deck: Front Porch, Patio, Rear Porch, Screened

Parking

  • Parking Features: Guest, Reserved

Location

  • Area: 32726 - Eustis
  • County: Lake
  • Development Name: 32726 - Eustis
  • Subdivision: EUSTIS
  • Driving Directions: Driving 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.

School Information

  • Elementary School: Eustis Elem
  • Middle School: Eustis Middle
  • High School: Eustis High School

Community

  • Community Name: 32726 - Eustis
  • Community Features: Sidewalks
  • Number of Pets: 2
  • Pet Restrictions: Pet Restrictions Provided Upon Request., / 35lbs.

Heating & Cooling

  • Cooling Type: Mini-Split Unit(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame
  • Roof: Metal, Shingle
  • Windows: Window Treatments
  • Stories/Levels: Two
  • Square Feet: 2,841
  • Sq. Ft. Source: Public Records
  • Year Built: 1884

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,749
  • Lot Size: 12749
  • Lot Dimensions: 55 x 234
  • Frontage: Street Paved
  • Street/Road Desc.: Paved, Asphalt

Financial Considerations

  • Assoc Fee Desc.: None
  • Tax Amount: $3,915
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: EUSTIS 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
  • Flood Zone Info: X
  • APN: 111926010007600401
  • Property ID: 111926010007600401
  • Block/Lot/Section: 76

Listed by Rock Springs Realty, Llc

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Listing agent

— 422 E Citrus Ave —

  • Rock Springs Realty, Llc

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 422 E Citrus Ave

School District:Lake County School District
NameGradesDistance
Eustis Elementary School
714 Citrus Avenue, Eustis, FL 32726
PK-50.2 mi
Eustis Middle School
18725 Bates Avenue, Eustis, FL 32736
6-82.2 mi
Eustis High School
1300 East Washington Avenue, Eustis, FL 32726
9-120.6 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 422 E Citrus Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$490,000
180%
MLS
9/19/2017
Sold
$175,000
—
Public Record
Get Price Alerts and Save Property
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 for 422 E Citrus Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,115
—
$205,318
1%
2024
$4,115
6%
$203,920
3%
2023
$3,899
18%
$198,437
22%
2021
$3,318
-8%
$163,244
-7%
2022
$3,591
8%
$175,815
8%
2021
$3,318
5%
$163,172
10%
2018
$3,157
32%
$147,674
33%
2017
$2,386
-29%
$111,272
-29%
2019
$3,376
40%
$155,880
40%
2016
$2,418
-1%
$111,272
2%
2015
$2,431
1%
$109,184
2%
2014
$2,404
6%
$107,287
2%
2013
$2,268
—
$104,821
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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422 E Citrus Avenue, Eustis, FL 32726 (MLS# G5108016) is a Multi-Family property with 4 units containing 5 bedrooms and 0 full bathrooms. 422 E Citrus Avenue is currently listed for $490,000 and was received on February 17, 2026. Want to learn more about 422 E Citrus Avenue? Do you have questions about finding other Multi-Family real estate for sale in Eustis? You can browse all Eustis real estate or contact a Coldwell Banker agent to request more information.

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