Rare Investment Opportunity in Downtown Orlando – Multi-Family Quad Unit! Don't miss out on this unique and highly lucrative investment property in the heart of Downtown Orlando! This multi-family quad unit is listed as a single parcel, yet consists of two separate structures, offering a total of four occupied units. All units come with renewed leases, providing immediate cash flow and a hassle-free investment opportunity. 413: 2 Bed, 1 Bath – Lease through 12/31/25 at $1500/month 415: 1 Bed, 1 Bath – Lease through 3/31/26 at $1345/month 417: 3 Bed, 2 Bath – Lease through 5/31/26 at $2050/month 419: 3 Bed, 2 Bath – Recently renovated, listed for rent at $2400/month Potential Rental Income: $7300/month This property is a turn-key investment with no additional upgrades needed. The units are well-maintained with a termite bond and pest control contract in place through 2025. The roofs were replaced in 2016 for units 413 & 415, while units 417 & 419 have a roof replaced in 2008. A 2024 appraisal supports the asking price, providing solid value for buyers. Key Features: Prime Downtown Orlando location Turnkey, fully-leased multi-family investment Excellent rental income potential Termite bond and pest control contract No additional investment required! This property is an exceptional opportunity for investors seeking stable cash flow in one of Orlando's most desirable areas. With long-term leases in place and great tenants, it's a perfect addition to any real estate portfolio.
For sale
$1,075,000
415 N Fern Creek Ave, Orlando, FL 32803
9beds
2,539sqft
Est.:
Single Family Residence
Built in 1925
7,020 Square Feet Lot
$996,700 Zestimate®
$423/sqft
$-- HOA
What's special
Prime downtown orlando location
- 143 days
- on Zillow |
- 306 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 03:42pm
Listing Provided by:
Samantha Hafner 407-557-6653,
DON ASHER & ASSOCIATES, INC. 407-425-4561
Source: Stellar MLS,MLS#: O6296532
Originating MLS: Orlando Regional

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Washer
- Laundry: Laundry Closet
Features
- Other
- Flooring: Carpet, Ceramic Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,337
- Total interior livable area: 2,539 sqft
Video & virtual tour
Property
Features
- Levels: Multi/Split
- Exterior features: Courtyard, Sidewalk
Lot
- Size: 7,020 Square Feet
Details
- Additional structures: Residence
- Parcel number: 302230093602020
- Zoning: O-1/T
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stone, Vinyl Siding, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Security Lights
- Subdivision: BROOKSHIRE
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $423/sqft
- Tax assessed value: $705,947
- Annual tax amount: $9,829
- Date on market: 4/3/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 87600
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
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