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Investment Opportunity in the Heart of Eustis! Welcome to 301 E Atwater Ave - a Single Family 3/1 home with an 2/2 Duplex located adjacent on 1305 S Dewey St, all on one tax parcel! Located just minutes from charming downtown Eustis. This partially occupied income-producing property offers an ideal mix of unit sizes and strong rental potential, making it a perfect addition to any investor's portfolio or a great opportunity for house-hackers. New Roofs on both buildings completed May 2025! The House on 301 E Atwater features a freshly renovated spacious 3-bedroom, 1-bath with a bright and open layout, laundry room with hookups, boasting new paint interior and exterior, new flooring, and granite counters. 1305 S Dewey Duplex offers two, 1/1 comfortable layouts w/ a shared laundry space for tenants along with an outdoor covered rear porch. Apartment #1 upstairs has been fully renovated with new paint interior, new floors, new kitchen cabinets and granite counters, and all new fixtures. Apartment #2 located downstairs is currently occupied on a signed lease. Situated on a generously sized fenced in lot. Located in a growing area of Lake County, this property is conveniently close to schools, parks, shopping, and public transit, with easy access to US-441. Whether you're a seasoned investor or just getting started, this two building/3 unit is a smart buy with reliable cash flow and long-term upside. Don't miss your chance to own a multi-family property in one of Central Florida's most desirable rental markets!
| DAYS ON MARKET | 1 | LAST UPDATED | 2/19/2026 |
|---|---|---|---|
| TRACT | EUSTIS | YEAR BUILT | 1949 |
| COMMUNITY | 32726 - Eustis | COUNTY | Lake |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32726 - Eustis |
| CONSTRUCTION | Block |
| EXTERIOR | Private Yard, Storage |
| HEAT | Heat Pump |
| LOT | 10019 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | EUSTIS |
| TAXES | 4104 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Braden Verkaik, NARROW ROAD REALTY, 352-589-8100
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/20/26 11:49 AM PST.
This IDX solution is (c) Diverse Solutions 2026.