$
220 N ADELLE AVE
Deland, Volusia, FL, 32720
Active$329,500
$186/sqft
3Beds
3Baths
1,776Sq Ft
1947Built
55Days on Market
About this home
Fully leased triplex with three separate electric meters. Current rents: main house $1,100/mo (lease ends December 2026), studio $725/mo (lease ends April 2027), 1BR cottage $950/mo (lease ends December 2026). Gross income $33,300/yr. Estimated cap rate approximately 7.8% at list price. Water is one meter, landlord paid. Notable improvements include: new sewer lines to all three units (2015), new water supply lines to each building (2015), main house plumbing replaced with PVC/CPVC (2015), roof replaced (2013), studio roof replaced at closing (2024), electrical upgrades to meet 4-point inspection requirements (2024), main house HVAC (2017-2018), R30 blown-in attic insulation (2024), refinished original wood floors (2019), stainless appliances (2024), and studio fully renovated with interior paint, tile floors, and new A/C (2024). Zoned 05R-2 with three separate electric meters. Whether you’re expanding a portfolio or looking to live in one unit while the others pay the mortgage, this property delivers.
Facts & Features
MLS ID#MFRO6434214
Price$329,500
StatusActive
Bedrooms3
Bathrooms3
Full BathsN/A
Half BathsN/A
Square Footage1,776 sqft
Acres0.2500
Year Built1947
TypeResidential Income
SubtypeTriplex
StyleN/A
Community Information
Address220 N ADELLE AVE
SubdivisionRichs Add Deland
CityDeland
CountyVolusia
StateFL
Zip Code32720
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontNo
PoolNo
Interior
Interior FeaturesCeiling Fans(s), Eat-in Kitchen, Thermostat
HeatingDuctless
CoolingWall/Window Unit(s)
FlooringTile, Wood, Luxury Vinyl
FireplaceN/A
StoriesN/A
AppliancesDryer, Refrigerator, Washer
Exterior
Exterior FeaturesPrivate Mailbox, Private Yard, Outbuildings
ConstructionFrame
FoundationCrawlspace
RoofShingle
FencingN/A
Lot FeaturesPaved
School Information
ElementaryN/A
MiddleN/A
HighN/A
Additional Information
Date ListedAugust 17, 2026
Days on Market55
Zoning05R-2
Direction FacesN/A
New ConstructionNo
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55 days on market
Listed by: Dave Zembala PA · 407-234-9744—ZEMBALA GROUP · 407-234-9744
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 2:03 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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