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318 S Clake Street, Deland, FL 32720

Deland
Local realty services provided by:CENTURY 21 Affiliates
318 S Clake Street,Deland, FL 32720
$465,000
Virtual Tour
  • 4 Beds
  • 4 Baths
  • 2,221 sq. ft.
  • Multi-family
  • Active
Listed by:
MLS#:V4947850
Source:MFRMLS

Price summary

  • Price:$465,000
  • Price per sq. ft.:$184.16

About this home

Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place—Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.

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Home facts

  • Year built:1941
  • Listing ID #:V4947850
  • Added:3 day(s) ago
  • Updated:April 05, 2026 at 07:49 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Dining Description:Living Room/Dining Room Combo
  • Kitchen Description:Attic Ventilator, Kitchen/Family Room Combo
  • Bedroom Description:High Ceilings
  • Basement Description:Crawlspace, Pillar/Post/Pier
  • Living area:2,221 sq. ft.

Heating and cooling

  • Cooling:Central Air, Mini-Split Unit(s)
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:1941
  • Building area:2,221 sq. ft.
  • Lot area:0.34 Acres
  • Construction Materials:Block, Cedar, Frame
  • Foundation Description:Pillar/post/pier, Slab
  • Levels:Multi/Split Story

Schools

  • High school:Deland High
  • Middle school:Deland Middle
  • Elementary school:Blue Lake Elem

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$465,000
  • Price per sq. ft.:$184.16
  • Tax amount:$4,604 (2025)

Features and amenities

  • Laundry features:In Common Area, In Kitchen
  • Amenities:Attic Ventilator, BB/HS Internet Available, Cable Connected, Fiber Optics, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments
  • Pool features:Public Pool
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