422 & 426 E  Citrus Ave, Eustis, FL 32726
FOR SALE
0.62 ACRES

422 & 426 E Citrus Ave
Eustis, FL 32726

  • 13 Beds
  • 8 Baths
  • 5,203 sqft (on 0.62 acres)

$980,000

Est. Mortgage $5,043/mo*

$980,000

Est. Mortgage $5,043/mo*
13 Beds
8 Baths
5,203 sqft
(on 0.62 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Interior Features

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)

Exterior Features

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

Days on Market

Cumulative Days on Market: 16Days on Market: 51

Property Information

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

Price & Status

Price
List Price: $980,000Price Per Sqft: $188
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: EUSTISCommunity: EUSTIS
School Information
Elementary School: Eustis ElemJr High / Middle School: Eustis MiddleHigh School: Eustis High School

Agent Information

Listing Agent
Listing ID: G5108356

Building

Building Area
Building Area: 5797 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Lake and SumterNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.62 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple
Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Lease Term: 12 Months

Miscellaneous

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

Price History for 422 & 426 E Citrus Ave

DatePriceEventSource
03/17/2026$980,000Listed For SaleStellar MLS #G5108356
02/25/2026$980,000ListingRemovedStellar MLS #G5108356
02/17/2026$980,000Listed For SaleStellar MLS #G5108356

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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.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Leljdpa
    "Other dogs, friendly, safe, shaded everybody controls their dogs and the dogs are well managed. It’s a nice way to get to know each other"
  • Stephanie Graham
    "Schools ratings are low but the teachers care deeply about the students. And want nothing but to see them succeed "
  • Stephanie Graham
    "Schools around here have passionate, caring, under appreciated teachers! They want to see there students succeed and will go above and beyond for them with the help of there parents!!"
  • Trulia User
    "There is a great monthly family friendly community event every 1st Friday. Good family fun, live music, vendors and the park is beautiful at night. "
  • Llightbourne10
    "Lots of nice areas to walk, nature trails, and dog friendly restaurants. They do shoot a lot of guns in our neighborhood which our dogs hate."
  • Wayne W.
    "pretty well mixed neighborhood. Many fairly young families with plenty of kids. Neighborhood feels safe and a lot of people walk or ride their bikes. The streets are fairly narrow and can get congested at times."
  • Elizabeth H.
    "This neighborhood is secluded and nice and quiet. I’ve lived here for over 2 years and have loved it since day one! "
  • Phyllis T.
    "There are many families in this area. I feel extremely safe. There are some outstanding restaurants close by."
  • Stephanieortega9
    "This town has a small town feel good schools and parks and events that are family friendly. A lot of nice places to enjoy "
  • Paul R.
    "there are many people in this neighborhood that are nice and will go out of their way to help you in any way possible. Also it is very easy to get to stores whether they are large ones, convenience stores or markets. "
  • Paul R.
    "careful of traffic if your dog gets loose. it's best to have a fenced yard if you own a dog . Also from what I see my neighbors clean up after their pets."
  • Bwhite4732
    "Where I live, the traffic is bad, the landlord is unbelievable and neighbors really don’t communicate. Then the 24-7 sound of police cars racing down the street and occasional gunfire at nite. Ambulance, fire trucks sirens all the time. However just 2 blocks there is a Park with weekend events, I wouldn’t walk over there,"
  • Jacqueline R.
    "courteous, respectful,helpful. they communicate before reacting. I was away from home last June (mom had passed away). I didn't tell anyone ; when I got home the neighbors had keep my grass cut perfectly... Other neighbors had keep watch of my home, omg this was without them knowing what I was going through. no recrimination from anyone just genuine concern.. unbelievable neighbors & community.."
  • Bob K.
    "Neighbors are very nice! everybody say hello! The lawns are all kept nice mostly by the owners themselves. Great place to live."
  • Rosa C.
    "I’ve been here for a little over a month now and I love my Neighborhood so far. Stores are conveniently close and we’re up the block to the lake. My only problem is the “blind mosquitos” they’re a pain and they swarm the houses! Other than that we’re good. "
  • Justin
    "I love the small town, I just wish that there were a few more younger families around. We’re heading to Clermont that is a littler newer and more to our family needs. "
  • Teri
    "I drive 45 minutes to work on 441. The traffic can be thick at rush hour times of the day. Lots of police monitoring speed. "
  • Allitrimble14
    "Our neighborhood is full of friendly dog owners. Most don't have to worry about any breeds being judged. Our neighbors constantly walk the dogs with no problems. Most even bring then to the events eustis has. "
  • R M. M.
    "I love this place, I recently move here from Michigan, and I think it was the best thing I ever did in my life"
  • Amy E.
    "It's very rural here and most areas are great for walking your dogs as long as they're leashed. We're within close proximity to the highway, so it's better to be safe than sorry. "
  • Sunflower92882
    "people steal them out your yard our neighborhood would be better if there were less meth heads and drug dealers when I moved here from NY I thought it was good for my family but it's not "
  • Patricia L. M.
    "Easy, breezy to Florida Hospital Waterman in Tavares. The traffic flow well, and the drive along Lake Eustis is beautiful any time of day!"
  • Savedtoservelk
    "It’s a dead end street And quite has plenty of trees and good neighborhood no animals plenty of parking "
  • Dianemaimone
    "Although there is no HOA our small neighborhood is well-maintained, quiet and the mature trees are stunning. Everyone is friendly and watch out for each other’s homes and properties. It’s a well-kept secret!"
  • Thelilladybj
    "love it here my friends and family live here i have lived here all my life we need more shelters for the homeless "
  • Robattle
    "I've lived here for almost three years and I love it! The neighbors are friendly and the community is quiet and peaceful. "

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.