Excellent investment opportunity in De Leon Springs. This duplex located at 4849 Grand Ave offers strong income potential and flexibility for both investors and owner-occupants. Whether you are looking to expand your rental portfolio, generate passive income, or live in one unit while renting the other, this property presents a great opportunity in a desirable area.
The duplex features two units, each offering 2 bedrooms and 1 bathroom, with a total of 1,728 square feet of living space. Both units feature comfortable layouts with spacious living areas, decent sized kitchens and bedrooms designed for everyday living. Separate entrances provide privacy for each unit, making the property attractive for long-term tenants or multi-generational living arrangements.
Situated on a generous lot, the property provides plenty of outdoor space for tenants to enjoy while still offering privacy between the two units. The yard creates potential for outdoor seating areas, gardening, or simply enjoying the peaceful surroundings that make this area so appealing. A roof approximately 8 years old provides added value and peace of mind for the future owner, helping reduce the likelihood of major near-term expenses. Duplex properties like this are highly sought after due to their versatility and consistent rental demand.
Located in the quiet and charming community of De Leon Springs, the property offers the perfect balance of rural charm and convenient access to nearby amenities. Just minutes away is the popular De Leon Springs State Park, known for its crystal-clear natural spring, swimming, kayaking, hiking trails, and the historic Old Spanish Sugar Mill Restaurant where visitors can cook their own pancakes at the table.
The property is also a short drive to the vibrant and historic downtown area of DeLand, known for its award-winning Main Street, unique boutiques, restaurants, coffee shops, and year-round festivals and community events. Residents enjoy convenient access to shopping, dining, medical facilities, and major roadways while still being able to enjoy the relaxed lifestyle this area is known for.
Income-producing duplexes in this location are becoming increasingly desirable due to the area's growth, rental demand, and proximity to parks, recreation, and downtown DeLand. Whether you are looking for a solid long-term investment, an opportunity to offset your housing costs, or a property with flexible living arrangements, this duplex offers strong potential and lasting value.