3011 Ernest Dr 6 Unit Apartment Building $780,000 ($130,000/Unit) Auburndale, FL 33823

This fully occupied six-unit multifamily complex provides an exceptional investment opportunity in Auburndale’s expanding corridor. The property consists of three duplex buildings totaling over 5,200 square feet set on 0.40 acres. Each unit features a two-bedroom, two-bathroom layout with updated interiors, tenant-controlled HVAC, and fenced private yards. Recent capital improvements include new roofs and interior updates in most units, reducing near-term maintenance and preserving long-term value. Fully leased to long-term tenants, the property currently generates approximately $6,600 in monthly rental revenue, ensuring immediate and predictable cash flow.
Strategically situated less than two miles from the US-92/FL-570 interchange, the site offers convenient access to major transportation routes connecting Orlando, Tampa, and Lakeland. The surrounding area features a dense retail hub anchored by Walmart, Lowe’s, Publix, and national dining chains, supporting strong tenant retention and rental demand. With its strong location fundamentals, modernized units, and proven revenue stream, this asset offers investors stable operations and upside in a high-growth Central Florida market.