$465,000

318 S Clake Street, Deland, FL 32720

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$465,000

Off-Market Date: 04/24/2026

318 S Clake Street Deland, FL 32720

Pending MLS# V4947850

4 beds 4 baths 2,221 sq ft Multi-family

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Data current as of 01/05/2026 03:07:09

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

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 318 S Clake Street

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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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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