422 & 426 E Citrus Ave
Eustis, FL 32726
- 13 Beds
- 8 Baths
- 5,203 sqft (on 0.62 acres)
13 Beds
8 Baths
5,203 sqft
(on 0.62 acres)
Local Information
© Google
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Description
ATTENTION INVESTORS: (2) QUAD-PLEX BUILDINGS FOR SALE, (8) APARTMENT UNITS + (4) STORAGE UNITS PROVIDING $97,000.00+ IN ANNUAL CASH FLOW, EUSTIS, FL 32726. Located at 422 & 426 E. Citrus Avenue in the historic district of Eustis and just (3) Blocks from downtown, this is a "turnkey" investment opportunity, 100% occupancy, annual tenants, providing a blended 6.64% CAP-RATE. These two separate quadplex buildings sit on .62 acres (115'x 232') with "NO HOA" and includes a combined heated 5,203 s/f and total size of 5,797 s/f. Both building are on City of Eustis water & sewer services. Building 422 Profile: (3-qty) 1-Bedroom, 1-Bath and (1-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2018. Building 426 Profile: (4-qty) 2-Bedroom, 1-Bath Units. All units were fully remodeled and updated in 2019. Building 426 also has a detached (4-qty) Rental Storage Units with Roll-Up Doors that also generate cash flow to the property. All units have (2) dedicated parking spaces each. Additionally, the property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. Floor Plans & Seller Disclosures for each building & units are attached in the MLS, or available to be emailed. Detailed financials available to "Qualified Buyers" and includes full Unit Profiles, Upgrades/Improvements/Maintenance Info, Current & Past Income History, Expense Breakdown, Rental Comps Analysis for 1/1 & 2/1 rentals in the entire Eustis market. PLEASE DO NOT ENGAGE OR DISTURBANY OF THE TENANTS. NO SIGN at the property and all inquiries are to be directed "ONLY" to the Listing Broker. For reference, the purchase price includes the following properties: 422 E. Citrus Ave, Parcel ID#11-19-20-0100-076-00401, Alt Key#1759641 "and" 426 E. Citrus Ave, ParcelID#11-19-26-0100-076-00403, Alt. Key#1243122. Call directly for more information.
Home Highlights
Parking
Garage
Outdoor
Porch, Patio
View
No Info
HOA
None
Price/Sqft
$188
Listed
51 days ago
Home Details for 422 & 426 E Citrus Ave
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Beds & Baths Number of Bedrooms: 13Number of Bathrooms: 8 |
Dimensions and Layout Living Area: 5203 Square Feet |
Appliances & Utilities Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water ConnectedAppliances: Electric Water Heater, Gas Water Heater, Range, Range Hood, RefrigeratorLaundry: NoneRefrigerator |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,DuctlessHas HeatingHeating Fuel: Central |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Blinds, Window TreatmentsFlooring: Carpet, Ceramic Tile, Laminate, Luxury Vinyl, Hardwood |
Levels, Entrance, & Accessibility Levels: Multi/SplitFloors: Carpet, Ceramic Tile, Laminate, Luxury Vinyl, Hardwood |
View No View |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: Metal Other ShinglePatio / Porch: Covered, Enclosed, Front Porch, Patio, Rear Porch, ScreenedOther Structures: StorageExterior: Awning(s), Lighting, Sidewalk, StorageFoundation: Crawlspace, SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 5Number of Covered Spaces: 5Other Parking: Garage Dimensions: 20x48No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: Assigned,Ground Level,Guest,Open |
Frontage Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved, AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 16Days on Market: 51 |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Stucco, Wood Frame, Wood SidingNot a New ConstructionHas Additional Parcels |
Property Information Condition: CompletedParcel Number: 111926010007600401Additional Parcels Description: 11-19-26-0100-076-00403 |
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Price List Price: $980,000Price Per Sqft: $188 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: EUSTISCommunity: EUSTIS |
School Information Elementary School: Eustis ElemJr High / Middle School: Eustis MiddleHigh School: Eustis High School |
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Listing Agent Listing ID: G5108356 |
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Building Area Building Area: 5797 Square Feet |
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Not Senior Community |
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Association for this Listing: Lake and SumterNo HOAHOA Fee: No HOA Fee |
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Lot Area: 0.62 acres |
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Special Conditions: None |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
Expense Tenant Pays: Electricity |
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Lease Term: 12 Months |
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Mls Number: G5108356Back On Market Date: Tue Mar 17 2026Showing Considerations: No Sign, See RemarksShowing Requirements: Appointment Only, Call Listing Agent, ShowingTimeUniversal Property Id: US-12069-N-111926010007600401-R-N |
Last check for updates: about 9 hours ago
Listing Provided by: Joel Bornstein, (407) 252-8092
ROCK SPRINGS REALTY, LLC, (877) 333-2811
Originating MLS: Lake and Sumter
Source: Stellar MLS, MLS#G5108356

Also Listed on Stellar MLS.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Price History for 422 & 426 E Citrus Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/17/2026 | $980,000 | Listed For Sale | Stellar MLS #G5108356 |
| 02/25/2026 | $980,000 | ListingRemoved | Stellar MLS #G5108356 |
| 02/17/2026 | $980,000 | Listed For Sale | Stellar MLS #G5108356 |
Similar Homes You May Like
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Comparable Sales for 422 & 426 E Citrus Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $360,000 | 03/12/26 | 7 | 7 | 3,729 | |
0.13 | Multi-Family Home | $400,000 | 08/12/25 | 7 | 3 | 2,386 | |
0.07 | Multi-Family Home | $380,000 | 03/13/26 | 6 | 4 | 2,190 | |
0.07 | Multi-Family Home | $380,000 | 03/12/26 | 6 | 2 | 2,216 | |
0.08 | Multi-Family Home | $335,000 | 06/10/25 | 1 | 2 | 1,760 | |
0.59 | Multi-Family Home | $270,000 | 09/18/25 | 4 | 3 | 2,138 | |
0.57 | Multi-Family Home | $310,000 | 11/06/25 | 1 | 1 | 2,912 | |
0.82 | Multi-Family Home | $315,000 | 06/30/25 | 3 | 2 | 1,510 | |
0.58 | Multi-Family Home | $253,000 | 07/16/25 | 2 | 2 | 1,400 | |
1.20 | Multi-Family Home | $168,000 | 06/10/25 | 2 | 2 | 1,408 |
Assigned Schools
These are the assigned schools for 422 & 426 E Citrus Ave.
What Locals Say about Eustis
At least 214 Trulia users voted on each feature.
86 % Say car is needed
84 % Say parking is easy
79 % Say yards are well-kept
74 % Say it's dog friendly
70 % Say there's holiday spirit
66 % Say it's quiet
64 % Say kids play outside
60 % Say people would walk alone at night
56 % Say there are sidewalks
52 % Say streets are well-lit
50 % Say there's wildlife
49 % Say neighbors are friendly
48 % Say they plan to stay for at least 5 years
33 % Say there are community events
30 % Say it's walkable to restaurants
29 % Say it's walkable to grocery stores
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Joel Bornstein, ROCK SPRINGS REALTY, LLC, (877) 333-2811
Agent Phone: (407) 252-8092

422 & 426 E Citrus Ave, Eustis, FL 32726 is a 13 bedroom, 8 bathroom, 5,203 sqft multi-family built in 1925. This property is currently available for sale and was listed by Stellar MLS on Mar 17, 2026. The MLS # for this home is MLS# G5108356.

