$247,000
Melbourne, FL 32901
MLS# 1083562
3 beds
1 / 1
Property Description
Welcome to 421 Butler Street, a charming duplex located in the heart of Melbourne, Florida! This income-producing property offers a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. The duplex features two separate units with a total of 3 bedrooms and 2 full bathrooms. Each unit offers comfortable living spaces, functional layouts, and the convenience of being close to downtown Melbourne, shopping, dining, schools, and major roadways. Enjoy the flexibility of rental income potential or the ability to live in one unit while renting the other. Situated on a desirable lot in an established neighborhood, this property provides both convenience and opportunity in a growing area. Don't miss your chance to own a versatile duplex in a prime Melbourne location!
Details
Maps
Documents
Location, Tax, and Legal
Tax Account: 2728822
Parcel Number: 27-37-28-76-00000.0-0292.00
General County Location: South
Elementary School: Harbor City
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 2770.48
Tax Year: 2025
Tax Legal Description: INDIAN RIVER BLUFF NO 3 LOT 292 & S 10 FT OF LOT 293
Directions: Take Exit 180 for US-192/New Haven Ave toward Melbourne.
Head east on US-192 (W New Haven Ave) toward downtown Melbourne.
Continue about 3.5 miles through downtown.
Turn right onto Babcock Street.
Drive about 0.3 mile.
Turn left onto Butler Street.
Continue a short distance--421 Butler Street will be on your left
General Property Information
Number Of Buildings: 1
Number Of Units Total: 2
Stories Total: 1
Bathrooms Half: 0
Living Area: 1125
Living Area Source: Public Records
Lot Size Acres: 0.1399
Lot Size Square Feet: 6098.4
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Senior Community YN: No
Stories: 1
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 219.56
Bedrooms Total: 3
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: Welcome to 421 Butler Street, a charming duplex located in the heart of Melbourne, Florida! This income-producing property offers a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. The duplex features two separate units with a total of 3 bedrooms and 2 full bathrooms. Each unit offers comfortable living spaces, functional layouts, and the convenience of being close to downtown Melbourne, shopping, dining, schools, and major roadways. Enjoy the flexibility of rental income potential or the ability to live in one unit while renting the other. Situated on a desirable lot in an established neighborhood, this property provides both convenience and opportunity in a growing area. Don't miss your chance to own a versatile duplex in a prime Melbourne location!
Closing Company Details
Closing Company Name: Homelight Title heidi.short@homelight.com (941) 877-2947 Heidi Short
Closing Company Address: 2203 N Lois Ave, Ste 710, Tampa, FL 33607
Construction Materials
Concrete: 1
Cooling
Central Air: 1
Electric: 1
Wall/Window Unit(s): 1
Current Use
Multi-Family: 1
Residential: 1
Heating
Central: 1
Electric: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Few Trees: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Income: 25200
Net Operating Income: 22540
Operating Expense: 2659.66
Road Surface Type
Asphalt: 1
Roof
Membrane: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: Unit 1
Actual Rent: 1200
Unit SqFt: 784
Beds Total: 2
Furnished: Unfurnished
Unit Remarks: NA
Unit 2 Details
Unit ID: Unit 2
Actual Rent: 900
Unit SqFt: 341
Beds Total: 1
Furnished: Unfurnished
Unit Remarks: NA
Utilities
Electricity Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Contract Information
Current Price: $247,000
Original List Price: 247000
List Price: $247,000
Status: Active
Listing Contract Date: 2026-07-28
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 421
Street Name: Butler
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Indian River Bluff No 3
Status Change Information
Major Change Timestamp: 2026-07-28T15:01:38Z
Major Change Type: New Listing
Status Change Timestamp: 2026-07-28
Property Features
Construction Materials: Concrete
Cooling: Central Air; Electric; Wall/Window Unit(s)
Current Use: Multi-Family; Residential
Heating: Central; Electric
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Few Trees
Possession: Close Of Escrow
Road Surface Type: Asphalt
Roof: Membrane
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Electricity Connected; Water Connected
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent
Lead Based Paint Disclosure 
Listing Office: Keller Williams Realty Brevard
Last Updated: July - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.