220 N ADELLE AVENUE
Deland, FL 32720
$329,500
Fully leased triplex with three separate electric meters. Current rents: main house $1,100/mo (lease ends December 2025, market rent ~$1,550), studio $725/mo, 1BR cottage $950/mo (market rent ~$1,118). Gross income $33,300/yr with upside at lease renewal. Water is one meter, landlord paid.
Notable improvements include: new sewer lines to all three units (2015), new separate water services to each building (2015), Main house plumbing replaced with PVC/CPVC (2015), new water supply lines to cottage and studio (2015), roof replaced (2013), studio roof replaced at closing (2024), electrical upgrades to meet 4-point inspection requirements (2024), main house HVAC (2017-2018), R30 blown-in attic insulation (2024), refinished original wood floors (2019), stainless appliances (2024), and studio fully renovated interior paint, tile floors, and new a/c (2024).
Zoned 05R-2 with three separate electric meters. Whether you're expanding a portfolio or looking to live in one unit while the others pay the mortgage, this property delivers.
Listing Courtesy of: ZEMBALA GROUP
407-234-9744
| Listing Id: | O6434214 |
|---|---|
| List Price: | $329,500 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 3 |
| Living Area: | 1,776 |
| Tax Annual Amount: | $5,248 |
| Lot Size Square Feet: | 10,875 |
| Lot Size Acres: | 0.25 |
| Waterfront?: | No |
| City: | Deland |
| County Or Parish: | Volusia |
| Subdivision Name: | Richs Add Deland |
| Postal Code: | 32720 |
| Year Built: | 1947 |
| Appliances: | Dryer, Refrigerator, Washer |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Estimated |
| Building Area Total: | 2219 |
| Building Area Units: | Square Feet |
| Carport Spaces: | 2 |
| Carport?: | Yes |
| Foundation Details: | Crawlspace |
| Construction Materials: | Frame |
| Cooling: | Wall/Window Unit(s) |
| Directions: | From Orlando, take i-4 East to exit 118-B, 2nd exit to new york ave, R on Adelle, home is on the left. |
| Exterior Features: | Outbuildings, Private Mailbox, Private Yard |
| Flooring: | Luxury Vinyl, Tile, Wood |
| Furnished: | Unfurnished |
| Heating: | Ductless |
| Interior Features: | Ceiling Fans(s), Eat-in Kitchen, Thermostat |
| Laundry Features: | Common Area, Electric Dryer Hookup, Laundry Room, Washer Hookup |
| Levels: | One |
| Listing Contract Date: | 2026-08-17 |
| Ownership: | Fee Simple |
| Living Area Source: | Estimated |
| Living Area Units: | Square Feet |
| Lot Features: | Paved |
| Lot Size Acres: | 0.25 |
| Lot Size Dimensions: | 35x145 |
| Postal Code Plus4: | 4170 |
| MLS Area Major: | 32720 - Deland |
| MLS Area Major: | 32720 - Deland |
| Original List Price: | $369,900 |
| Other Equipment: | Private Yard |
| Parcel Number: | 7008-43-05-0113 |
| Patio And Porch Features: | Covered, Front Porch, Porch, Screened |
| Township: | 17S |
| Road Surface Type: | Concrete |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Tenant Pays: | Electricity |
| Financial Data Source: | Owner |
| Utilities: | BB/HS Internet Available, Electricity Connected |
| Water Source: | Public |
| Public Survey Range: | 30E |
| Public Survey Section: | 08 |
| Zoning: | 05R-2 |
| Possession: | Close Of Escrow |
| Alternate Key Folio Num: | 700843050113 |
| Annual Expenses: | 3336 |
| Annual Net Income: | 34764.00 |
| Building Area Total Srch Sq M: | 206.15 |
| Calculated List Price By Calcula: | 185.53 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6434214?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6434214?w=Customer |
| Dpryn: | Yes |
| Est Annual Market Income: | 38100.00 |
| Flood Zone Code: | X |
| Flood Zone Date: | 2014-02-19 |
| Flood Zone Panel: | 12127C0470H |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 165.00 |
| Lot Size Square Meters: | 1010 |
| Realtor Info: | As-Is |
| Sdeo yn: | No |
| Total Acreage: | 1/4 to less than 1/2 |
| 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: | 407-234-9744 |
| Originating System Name : | Stellar MLS |
| Between Us 1 River Yn: | No |
| Number Of Separate Electric Meters: | 3 |
| Number Of Separate Water Meters: | 1 |
| Green Energy Generation Yn: | No |
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Property Last Updated: October 08, 2026 06:32 PM - ET

































