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Live Oak Apartments 1123 Elmwood St 8 Unit Apartment Building $1,799,900 ($224,988/Unit) Orlando, FL 32801

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EXECUTIVE SUMMARY

Well-maintained 8-unit multifamily property in a desirable Orlando location. The building consists of four 1/1 units and four 2-bedroom units, featuring two distinct 2-bedroom layouts, providing a strong and diversified unit mix. Constructed of solid concrete block, the property has a new roof installed in 2024 and fresh interior paint, reflecting pride of ownership and limited near-term capital needs. The property is situated on a corner lot with excellent parking, including reserved spaces for all units: one space per 1/1 unit and two reserved spaces for each 2-bedroom unit, plus additional street parking along Elmwood. The two-story stacked flat layout includes clean, recently input a new stairwell and well-maintained common areas. The property benefits from a history of long-term tenants with minimal turnover, contributing to stable occupancy and consistent income. Located in an area known for excellent schools, the property experiences strong tenant demand and durability across market cycles. Current rents provide solid in-place income with potential upside, making this an ideal opportunity for an investor seeking a clean, stabilized small multifamily asset in a supply-constrained market. Cash buyers only!

PROPERTY FACTS

Price $1,799,900
Price Per Unit $224,988
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 7,582 SF
No. Stories 2
Year Built 1966
Parking Ratio 1.25/1,000 SF
Zoning R2B/T, Orlando - R-2B/T/AN

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - 700
2+1 4 - 814

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-2229-1040-00-130
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,058,993
  • Listing ID: 39001102

  • Date on Market: 1/7/2026

  • Last Updated:

  • Address: 1123 Elmwood St, Orlando, FL 32801

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