450 S HILL AVE, DELAND, FL, 32724
$329,900
Residential Income
Bedrooms
4
Bathrooms
4
Living Area
1,740 Sqft
Lot Size
5,168 Sqft
Income-Producing Deland Duplex Near Downtown Great investment opportunity in a desirable Deland location close to downtown! This duplex features **two spacious 2-bedroom, 2-bath units**, with each side offering approximately **870 square feet of living space** and its own **1-car detached garage**. One unit has already received some renovations, while the other offers an opportunity for the new owner to update and add value. The current owner has intentionally kept rents below market at just **$700 per month per side**, while similar units on the same street are reportedly renting for approximately **$1,500–$1,700 per month**. Current leases expire in **June 2027**, providing an excellent opportunity for a new owner to reposition the property and increase rental income. With a convenient location near downtown Deland, solid unit sizes, private garages, and significant rental upside, this property offers an attractive opportunity for investors looking for **long-term income potential and value-add upside**. Whether you choose to renovate and increase rents or hold as a long-term investment, this duplex is worth a look!
Property Details
Property Features Property Features
MLS ID: MFRG5117012 Year Built: 1988
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Volusia
Exterior Features: None Foundation Details: Slab
Furnished: Unfurnished Heating: Electric
Laundry Features: In Garage Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Other Equipment: None Pets Allowed: Yes
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Paved Roof: Shingle
Sewer: Public Sewer Showing Requirements: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Connected, Sewer Connected, Water Connected
Water Source: Public
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