$465,000
Off-Market Date: 04/24/2026318 S Clake Street Deland, FL 32720
Pending MLS# V4947850
4 beds 4 baths 2,221 sq ft Multi-family
Details for 318 S Clake Street
MLS# V4947850
Description for 318 S Clake Street, Deland, FL, 32720
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.
Listing Information
Property Type: Residential, Triplex
Status: Pending
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.34 Acres
Square Feet: 2,221 sq ft
Year Built: 1941
Construction: Block,Cedar,Wood Frame
Construction Display: New Construction
Subdivision: Clakes Blk 14 Howrys Add Deland
Foundation: Crawlspace,Pillar/Post/Pier,Slab
Number Of Units Total: 3
County: Volusia
Construction Status: New Construction
School Information
Elementary: Blue Lake Elem
Middle: Deland Middle
High: Deland High
Additonal Room Information
Laundry: Common Area, In Kitchen
Interior Features
Basement: Crawl Space
Doors/Windows: Window Treatments
Fireplaces: Decorative
Additional Interior Features: High Ceilings, Living/Dining Room, Window Treatments, Attic, Kitchen/Family Room Combo
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,Fiber Optic Available,High Speed Internet Available,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Central Air, Ductless
Heating: Central
Exterior / Lot Features
Roof: Shingle, Metal
Additional Exterior/Lot Features: Private Yard, RV Hookup
Community Features
Community Features: Street Lights
Unit Information
Unit 1 Units Total: 2
Unit 1 Actual Rent: 3000
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 2200
Unit 2 Baths Total: 2
Unit 2 Beds Total: 2
Driving Directions
Going south on Woodland Blvd, turn left onto E Voorhis Ave, in 350 ft turn right onto S Clake St. (FYI- Most GPS wants to change "Clake" to "Lake").
Financial Considerations
Terms: Cash,Conventional
Gross Income: 62400
Tax/Property ID: 00-70-16-12-00-0070
Tax Amount: 4604
Tax Year: 2025
A broker reciprocity listing courtesy: CENTURY 21 SUNDANCE REALTY
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Sales History & Tax Summary for 318 S Clake Street
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 318 S Clake Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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