450 S HILL AVENUE
Deland, FL 32724
$329,900
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!
Listing Courtesy of: WORTH CLARK REALTY
352-988-7777
| Listing Id: | G5117012 |
|---|---|
| List Price: | $329,900 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Pending |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 4 |
| Living Area: | 1,740 |
| Tax Annual Amount: | $1,902 |
| Lot Size Square Feet: | 5,168 |
| Lot Size Acres: | 0.12 |
| Waterfront?: | No |
| City: | Deland |
| County Or Parish: | Volusia |
| Subdivision Name: | Smathers Blk 173 Deland |
| Postal Code: | 32724 |
| Year Built: | 1988 |
| Additional Parcels?: | Yes |
| Bathrooms Total Integer: | 4 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Block |
| Cooling: | Central Air |
| Directions: | 44 east to right on S Hill Ave. 450/452 S Hill on right about a mile down |
| Exterior Features: | None |
| Furnished: | Unfurnished |
| Garage Spaces: | 1 |
| Garage?: | Yes |
| Gross Income: | $16,800 |
| Heating: | Electric |
| Interior Features: | Eat-in Kitchen |
| Laundry Features: | In Garage |
| Levels: | One |
| Listing Contract Date: | 2026-08-21 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.12 |
| Lot Size Dimensions: | 38x136 |
| Postal Code Plus4: | 6104 |
| MLS Area Major: | 32724 - Deland |
| MLS Area Major: | 32724 - Deland |
| Original List Price: | $329,900 |
| Other Equipment: | None |
| Parcel Number: | 7015-18-02-0110 |
| Pets Allowed: | Yes |
| Township: | 17S |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Additional Parcels Description: | 701518020111 |
| Total Actual Rent: | $1,400 |
| Utilities: | Electricity Connected, Sewer Connected, Water Connected |
| Water Source: | Public |
| Number Of Lots: | 2 |
| Public Survey Range: | 30E |
| Public Survey Section: | 15 |
| Zoning: | 05R2 |
| Alternate Key Folio Num: | 701518020110 |
| Annual Net Income: | 1400.00 |
| Available For Lease Yn: | Yes |
| Backups Requested Yn: | No |
| Calculated List Price By Calcula: | 189.60 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/G5117012?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/G5117012?w=Customer |
| Dpryn: | Yes |
| Est Annual Market Income: | 3000.00 |
| Flood Zone Code: | X |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 161.65 |
| Lot Size Square Meters: | 480 |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 2 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 352-988-7777 |
| Originating System Name : | Stellar MLS |
| Between Us 1 River Yn: | No |
| Green Energy Generation Yn: | No |
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Property Last Updated: October 08, 2026 07:25 PM - ET
