To schedule a showing of 301 E Atwater Avenue, Eustis, Florida, Call David Shippey at 863-521-4517 TODAY!

$430,000 Reduced -$9,000
301 E Atwater Avenue
Eustis, FL 32726
  • 5Beds
  • 3.00Total Baths
  • 0 Full, 0 HalfBaths
  • 2,341SqFt
  • 1949Year Built
  • 0.23Acres
  • MLS# G5108348
  • Income
  • Triplex
  • Active

  • Approx Time on Market3 months, 17 days
  • Area32726 - Eustis
  • CountyLake
  • Subdivision Eustis

Overview

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 investors 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. Dont miss your chance to own a multi-family property in one of Central Florida's most desirable rental markets!



Agriculture / Farm

Association Fees / Info

Community Features:  Sidewalks

Bathroom Info

Total Baths:  3.00

Building Info

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Exterior Features:  Fence, PrivateYard, Storage

Fees / Restrictions

Financial

Original Price:  $450,000

Garage / Parking

Green / Env Info

Interior Features

Laundry Features:  Inside, Outside

Interior Features:  CeilingFans, SolidSurfaceCounters

Lot Info

Direction Remarks:  From U.S. 441 in Eustis, turn west onto E Orange Ave toward downtown. Continue to Grove St and turn right (north). Proceed one block and turn right onto E Atwater Ave. Follow E Atwater Ave to 301 E Atwater Ave, which will be on the right-hand side.

Lot Size Units:  Acres

Lot Size Acres:  0.23

Lot Sqft:  9,842

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  11

Class Type:  Triplex

Property Sub Type:  Triplex

Construction Materials:  Block

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  2,341

Bulding Area Sqft:  2,341

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  3

Tax Legal Description:  EUSTIS W 74 FT OF S 132 FT OF LOT 3 BLK 144 PB 1 PG 79 ORB 4736 PG 899

Tax Block:  144

Tax Annual Amount:  4104

Tax Book Number:  1-79

Unit Info

Total Units:  3

Total Actual Rent:  3,850

Utilities / Hvac

Heating:  HeatPump

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected, HighSpeedInternetAvailable, MunicipalUtilities, SewerConnected, WaterConnected

Waterfront / Water

Directions

From U.S. 441 in Eustis, turn west onto E Orange Ave toward downtown. Continue to Grove St and turn right (north). Proceed one block and turn right onto E Atwater Ave. Follow E Atwater Ave to 301 E Atwater Ave, which will be on the right-hand side.

This listing courtesy of Narrow Road Realty 

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Price & Status History (on davidshippey.com since Thu, Feb 19th 2026)
  • Original Price: $450,000
  • Current Price: $430,000
  • Price Reduced: $20,000
Date ChangedFromTo
05/27/2026$439,000 $430,000 Reduced by $9,000
04/07/2026$450,000 $439,000 Reduced by $11,000

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If you have any questions on 301 E Atwater Avenue, Eustis, Florida, please call David Shippey at 863-521-4517.


MLS# G5108348 located at 301 E Atwater Avenue, Eustis, Florida is brought to you by David Shippey REALTOR®

301 E Atwater Avenue, Eustis, Florida has 5 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 301 E Atwater Avenue, Eustis, Florida is G5108348.
The price for 301 E Atwater Avenue, Eustis, Florida is $430,000.
The status of 301 E Atwater Avenue, Eustis, Florida is Active.
The subdivision of 301 E Atwater Avenue, Eustis, Florida is Eustis.
The home located at 301 E Atwater Avenue, Eustis, Florida was built in 2026.