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$479,997

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 1,658 Sq. Ft.
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One or more photo(s) has been virtually staged. FULLY RENOVATED property located in a highly sought-after, high-demand rental area of Orlando. The home features 5 bedrooms and 4 bathrooms, plus two bonus units with independent entrances, ideal for generating two additional income streams while maintaining complete privacy for the main residence. The layout is perfect for house hacking-live in the main home while the independent units help offset the mortgage-or use it strictly as an investment property with multiple income sources. An excellent option for long-term rentals, room-by-room rentals, or a hybrid strategy. Conveniently located near major roadways, shopping, and essential services, in an area with consistent rental demand. This is a move-in-ready property, designed for buyers who want to turn their purchase into an asset, not a liability. Opportunities like this-fully renovated properties with separate income potential-are rare in today's market.

Full Property Details for 38 N Alder Dr

General

  • Price: $479,997
  • Taxes: $3,952 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6377013
  • Updated: 1/27/2026
  • Added to Site: 15 day(s) ago

Rental Information

  • Min. Lease: 8-12 Months

Interior

  • Number of Rooms: 6
  • Interior Features: Thermostat
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: Private Mailbox, Sidewalk

Parking

  • Carports: Yes
  • Carport: 2
  • Carport Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 32807 - Orlando/Azalea Park/Park Manor
  • County: Orange
  • Development Name: 32807 - Orlando/Azalea Park/Park Manor
  • Subdivision: AZALEA PARK SEC 07
  • Driving Directions: From Colonial Dr, head North Semoran Blvd, make a left on Dahlia Dr and left on Alder Dr, property will be on the left
  • Direction Faces: West

School Information

  • Elementary School: Azalea Park Elem
  • Middle School: Roberto Clemente Middle

Community

  • Community Name: 32807 - Orlando/Azalea Park/Park Manor

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Private
  • Utility Description: Public

Structural Information

  • Exterior Const.: Block, Stucco
  • Roof: Membrane
  • Stories/Levels: Two
  • Square Feet: 1,658
  • Sq. Ft. Source: Public Records
  • Year Built: 1954

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,257
  • Lot Size: 9257
  • Street/Road Desc.: Asphalt, Paved

Financial Considerations

  • Tax Amount: $3,952
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: AZALEA PARK SECTION SEVEN T/48 LOT 19 BLK D
  • Flood Zone Info: X
  • APN: 272230039004190
  • Property ID: 272230039004190
  • Block/Lot/Section: D

Listed by Caissa Realty Investment Inc

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Listing agents

— 38 N Alder Dr —

  • Caissa Realty Investment Inc

  • Caissa Realty Investment Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38 N Alder Dr

School District:Orange County School District
NameGradesDistance
Azalea Park Elementary School
1 Carol Avenue, Orlando, FL 32807
PK-50.9 mi
Roberto Clemente Middle School
6000 Stonewall Jackson Rd, Orlando, FL 32807
6-81.2 mi
Colonial High School
6100 Oleander Drive, Orlando, FL 32807
9-120.4 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 38 N Alder Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/27/2026
Listed
$479,997
84.69%
MLS
9/15/2025
Sold
$259,900
—
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 38 N Alder Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,952
—
$206,676
-27%
2024
$3,952
22%
$284,855
31%
2023
$3,232
24%
$217,727
37%
2021
$2,602
-11%
$158,865
-18%
2022
$2,912
12%
$192,758
25%
2021
$2,602
12%
$154,561
7%
2019
$2,320
6%
$144,693
5%
2018
$2,198
12%
$137,228
20%
2017
$1,957
11%
$114,723
17%
2016
$1,771
3%
$98,445
24%
2015
$1,717
7%
$79,682
10%
2014
$1,602
12%
$72,438
10%
2013
$1,436
—
$65,853
—
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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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Caissa Realty Investment Inc

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38 N Alder Drive, Orlando, FL 32807 (MLS# O6377013) is a Single Family property with 5 bedrooms and 4 full bathrooms. 38 N Alder Drive is currently listed for $479,997 and was received on January 27, 2026. Want to learn more about 38 N Alder Drive? Do you have questions about finding other Single Family real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

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