1922 CLOVERLAWN AVENUE
Orlando, FL 32806
$1,400,000
100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION
Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers.
The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit.
The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated.
Investment Highlights
100% leased – all 5 units occupied with in-place income
$87,600 gross scheduled annual income
16.0x GRM
Approximately $280,000 per unit
Three buildings, including a newer third unit
Concrete-block construction
Prime SoDo/Conway Orlando infill location
Minutes to Downtown Orlando, SR-408 and I-4
Turnkey investment with immediate cash flow
Financials and current rent roll available to registered buyers.
Listing Courtesy of: NOVA REAL ESTATE SERVICES INC
407-592-1744
| Listing Id: | O6446443 |
|---|---|
| List Price: | $1,400,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bedrooms Total: | 10 |
| Bathrooms Full: | 5 |
| Living Area: | 3,049 |
| Tax Annual Amount: | $11,996 |
| Lot Size Square Feet: | 22,195 |
| Lot Size Acres: | 0.51 |
| Waterfront?: | No |
| City: | Orlando |
| County Or Parish: | Orange |
| Subdivision Name: | Mc Leish Terrace |
| Postal Code: | 32806 |
| Year Built: | 1946 |
| Bathrooms Total Integer: | 5 |
| Building Area Units: | Square Feet |
| Foundation Details: | Block, Slab |
| Construction Materials: | Block |
| Cooling: | Mini-Split Unit(s) |
| Directions: | from Kaley ave turn right on cloverlawn |
| Exterior Features: | None |
| Gross Income: | $87,600 |
| Heating: | Central |
| Interior Features: | Kitchen/Family Room Combo |
| Laundry Features: | Outside |
| Listing Contract Date: | 2026-10-01 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.51 |
| Postal Code Plus4: | 3125 |
| MLS Area Major: | 32806 - Orlando/Delaney Park/Crystal Lake |
| MLS Area Major: | 32806 - Orlando/Delaney Park/Crystal Lake |
| Original List Price: | $1,400,000 |
| Other Equipment: | None |
| Parcel Number: | 06-23-30-5364-00-121 |
| Township: | 23 |
| Road Surface Type: | Asphalt |
| Roof: | Concrete, Shingle |
| Tax Year: | 2025 |
| Sewer: | Septic Tank |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Cable Available, Electricity Available |
| Water Source: | Public |
| Number Of Lots: | 2 |
| Public Survey Range: | 30 |
| Public Survey Section: | 06 |
| Zoning: | R-2 |
| Alternate Key Folio Num: | 06-23-30-5364-00-121 |
| Annual Net Income: | 77373.00 |
| Calculated List Price By Calcula: | 459.17 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6446443?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6446443?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | X |
| Flood Zone Date: | 2009-09-25 |
| Flood Zone Panel: | 12095C0265F |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 283.26 |
| Lot Size Square Meters: | 2062 |
| Realtor Info: | As-Is |
| Sdeo yn: | No |
| Terms Of Lease: | Gross Lease |
| Total Acreage: | 1/2 to less than 1 |
| Total Num Buildings: | 3 |
| Unit Count: | 3 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 407-592-1744 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
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Property Last Updated: October 08, 2026 06:32 PM - ET
