$245,000
Titusville, FL 32780
MLS# 1056439
Status: Closed
4 beds
1 / 6
Property Description
Turnkey Duplex with Strong Rental History Discover a well-maintained income-producing duplex located on DeLeon Street, perfect for both seasoned investors and those looking to start their real estate portfolio. With a calculated 5% cap rate based on a $250,000 purchase price, this property offers a solid return in today's market. Each side of the duplex is currently rented, generating $1,825 in total monthly income ($815 and $1,010). The property's low monthly expenses - including approximately $290 for insurance, $285 for property taxes, $150 for management, and $100 for lawn care - help ensure steady cash flow and a hassle-free investment. This duplex has been thoughtfully maintained over the years with major upgrades already completed, including a 2017 dimensional shingle roof, two newer hot water heaters (2016 and 2024), and two updated AC units (2019 and 2021). The home is protected by a current termite bond with Stark Exterminators.
Details
Maps
Location, Tax, and Legal
Tax Account: 2205651
Parcel Number: 22-35-09-76-00000.0-0071.00
General County Location: North
Elementary School: Apollo
Middle School: Jackson
High School: Titusville
Tax Annual Amount: 3493.45
Tax Year: 2023
Directions: US1 to Harrison West to Deleon. Duplex is on the second corner down Deleon Ave.
General Property Information
Number Of Buildings: 1
Number Of Units Total: 2
Stories Total: 1
Bathrooms Half: 0
Living Area: 2326
Living Area Source: Appraiser
Lot Size Acres: 0.24
Lot Size Square Feet: 10454
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Senior Community YN: No
Stories: 1
Entry Level: 1
Pool Private YN: No
List Price/SqFt: 107.48
Sold Price/SqFt: 105.33
Bedrooms Total: 4
Year Built: 1987
Remarks and Miscellaneous
Public Remarks: Turnkey Duplex with Strong Rental History
Discover a well-maintained income-producing duplex located on DeLeon Street, perfect for both seasoned investors and those looking to start their real estate portfolio. With a calculated 5% cap rate based on a $250,000 purchase price, this property offers a solid return in today's market.
Each side of the duplex is currently rented, generating $1,825 in total monthly income ($815 and $1,010). The property's low monthly expenses - including approximately $290 for insurance, $285 for property taxes, $150 for management, and $100 for lawn care - help ensure steady cash flow and a hassle-free investment.
This duplex has been thoughtfully maintained over the years with major upgrades already completed, including a 2017 dimensional shingle roof, two newer hot water heaters (2016 and 2024), and two updated AC units (2019 and 2021). The home is protected by a current termite bond with Stark Exterminators.
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
Frame: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Residential: 1
DPR Eligible
DPR Eligible: Yes
Flooring
Carpet: 1
Vinyl: 1
Heating
Central: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Possession
Close Of Escrow: 1
Roof
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: 2
Actual Rent: 815
Unit SqFt: 1163
Beds Total: 2
Furnished: Unfurnished
Unit Remarks: 2 Bed 2 Bath
Unit 2 Details
Unit ID: 1
Actual Rent: 1010
Unit SqFt: 1163
Beds Total: 2
Furnished: Unfurnished
Unit Remarks: 2 Bed 2 Bath
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Non Member Info
Non-Member Brokerage: Keller Williams Legacy Realty
Non-Member Name: Hazel Heyer
Contract Information
Current Price: $245,000
Original List Price: 250000
Sold Price: $245,000
Status: Closed
Listing Contract Date: 2025-09-05
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 2050
Street Direction Prefix: S
Street Name: Deleon
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32780
MLS Area Major: 103 - Titusville Garden - SR50
Subdivision Name: Whispering Hills Country Club Ests Sec 3
Status Change Information
Major Change Timestamp: 2025-10-22T16:07:38Z
Major Change Type: Status Change
Status Change Timestamp: 2025-10-22
Purchase Contract Date: 2025-09-13
Close Date: 2025-10-21
Close Price: 245000
Property Features
Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Frame; Stucco
Cooling: Central Air
Current Use: Multi-Family; Residential
Flooring: Carpet; Vinyl
Heating: Central
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Roof: Shingle
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: Appointment Only
Listing Office: RISE Realty Services
Last Updated: August - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.