Under contract-accepting backup offers. Six-Unit Multifamily Investment | Prime Downtown Orlando Location
An exceptional opportunity to acquire a well-located six-unit apartment community in one of Orlando's most desirable rental markets. Situated just minutes from Downtown Orlando, Orlando Health, AdventHealth, Winnie Palmer Hospital, SODO, the Hourglass District, and major highways including SR-408 and I-4, this property offers investors stable cash flow with outstanding long-term appreciation potential.
The property consists of six spacious two-bedroom, one-bathroom residences, designed to attract a broad tenant base including healthcare professionals, young professionals, and long-term residents seeking convenience and affordability. At projected market rents of $1,750 per month per unit, the property offers significant income potential. With a market rents a gross of $126,000. The current tenants are way under market value, this is your opportunity to own in the one the hottest rental markets in 32806
Listing Courtesy of STELLAR as distributed by MLS GRID / Listed By: Edward Johnston, Coldwell Banker Realty
$449,000 (USD)
Orlando Area Multi-Family Home
Pending
223 E Esther Street Orlando, FL 32806
2 Bed
2 Baths
1092 sqft
MLS# O6430684
Under contract-accepting backup offers. Virtually Staged. Exceptional Investment Opportunity in the Heart of SoDo!
Discover an outstanding opportunity to own a versatile property in one of Orlando's fastest-growing and most sought-after neighborhoods. Located in the heart of the vibrant SoDo District, this income-producing duplex offers the perfect blend of investment potential, future appreciation, and unbeatable convenience.
Positioned just minutes from Downtown Orlando, Orlando Health, Arnold Palmer Hospital, and the thriving Orange Avenue corridor, this property places residents within walking distance of popular restaurants, boutique shopping, coffee shops, entertainment, and everyday conveniences. Quick access to I-4, SR-408, and major employment centers makes this an ideal location for both tenants and owner-occupants.
The property features two separate living units with individual electric meters, providing flexibility for investors seeking immediate rental income or homeowners looking to offset their mortgage with rental revenue. Situated on a spacious lot with R-2A/T zoning, the property also presents future redevelopment or value-add possibilities (buyer to verify with the City of Orlando).Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or securing property in one of Orlando's most desirable urban neighborhoods, 223 E. Esther Street is a rare opportunity you won't want to miss. NEW ROOF OCT 2025
Listing Courtesy of STELLAR as distributed by MLS GRID / Listed By: Edward Johnston, Coldwell Banker Realty
An exceptional opportunity to acquire a well-located six-unit apartment community in one of Orlando's most desirable rental markets. Situated just minutes from Downtown Orlando, Orlando Health, AdventHealth, Winnie Palmer Hospital, SODO, the Hourglass District, and major highways including SR-408 and I-4, this property offers investors stable cash flow with outstanding long-term appreciation potential.
The property consists of six spacious two-bedroom, one-bathroom residences, designed to attract a broad tenant base including healthcare professionals, young professionals, and long-term residents seeking convenience and affordability. At projected market rents of $1,750 per month per unit, the property offers significant income potential. With a market rents a gross of $126,000. The current tenants are way under market value, this is your opportunity to own in the one the hottest rental markets in 32806