1509 WOODWARD STREET
Orlando, FL 32803
$719,000
Triplex investment opportunity in the heart of Colonialtown North / Mills 50, one of Orlando’s most desirable neighborhoods. Nestled on a quiet, tree-lined street, this property features a single-family home in front with a duplex in the rear, providing flexibility for an owner-occupant to live on-site while renting the additional units or for an investor to rent all three.
The units feature functional layouts and have been well maintained, retaining tenants year after year. Major improvements include a roof replacement on both structures, re-piping the entire property, a new HVAC system and new luxury vinyl plank (LVP) flooring in Unit 1. Each unit features a private entrance, private outdoor space, and access to on-site laundry facilities.
Situated on a spacious lot with ample off-street parking and two garages, the property benefits from strong tenant demand and a highly desirable location. Enjoy a short walk to neighborhood restaurants, grocery stores, coffee shops, and everyday conveniences such as Starbucks and Publix, along with close proximity to Downtown Orlando and major thoroughfares including Colonial Drive and I-4.
Whether you're looking to expand your investment portfolio or take advantage of an owner-occupant opportunity with additional rental income potential, this property offers exceptional flexibility in a sought-after Orlando neighborhood.
Call today to schedule a showing and explore the possibilities at this unique triplex property!
Listing Courtesy of: SPECIALIZED PROPERTY MANAGEMENT
407-682-3355
| Listing Id: | O6433654 |
|---|---|
| List Price: | $719,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 3 |
| Living Area: | 2,586 |
| Tax Annual Amount: | $8,890 |
| Lot Size Square Feet: | 6,220 |
| Lot Size Acres: | 0.14 |
| Waterfront?: | No |
| City: | Orlando |
| County Or Parish: | Orange |
| Subdivision Name: | Pinecrest Add |
| Postal Code: | 32803 |
| Year Built: | 1922 |
| Number Of Units Total: | 3 |
| Appliances: | Dishwasher, Dryer, Range, Refrigerator, Washer |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Public Records |
| Building Area Total: | 2064 |
| Building Area Units: | Square Feet |
| Foundation Details: | Crawlspace |
| Construction Materials: | Stucco, Frame |
| Cooling: | Central Air, Wall/Window Unit(s) |
| Fireplace Features: | Living Room |
| Directions: | From E Colonial Dr, head north on N Mills Ave (US-17/92), turn right onto Woodward St. Property will be on the right. |
| Elementary School: | Audubon Park K8 |
| Exterior Features: | Private Entrance, Sidewalk |
| Flooring: | Laminate, Vinyl, Wood |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| Community Features: | Sidewalks |
| Gross Income: | $55,260 |
| Heating: | Central, Ductless |
| High School: | Edgewater High |
| Interior Features: | Built-in Features, Ceiling Fans(s) |
| Laundry Features: | In Garage, Inside |
| Lease Term: | Twelve Months |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | Sidewalk, Street Brick, Street One Way |
| Lot Size Acres: | 0.14 |
| MLS Area Major: | 32803 - Orlando/Colonial Town |
| MLS Area Major: | 32803 - Orlando/Colonial Town |
| Original List Price: | $745,000 |
| Other Equipment: | Private Entrance |
| Parcel Number: | 24-22-29-7060-02-100 |
| Parking Features: | Ground Level, Off Street |
| Patio And Porch Features: | Deck, Front Porch |
| Pets Allowed: | Cats OK, Dogs OK, Yes |
| Township: | 22 |
| Road Surface Type: | Brick |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2025 |
| Security Features: | Smoke Detector(s) |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Tenant Pays: | Electricity, Gas, Sewer, Water |
| Total Actual Rent: | $4,605 |
| Financial Data Source: | Owner |
| Utilities: | BB/HS Internet Available, Natural Gas Connected, Public |
| Water Source: | Public |
| Public Survey Range: | 29 |
| Public Survey Section: | 24 |
| Zoning: | R2ATSPAN |
| Possession: | Close Of Escrow |
| Additional Lease Restrictions: | All lease restrictions to be verified by the buyer/ buyers agent. |
| Annual Net Income: | 35260.00 |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 191.75 |
| Calculated List Price By Calcula: | 278.04 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6433654?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6433654?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | X |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 240.25 |
| Lot Size Square Meters: | 578 |
| Minimum Lease: | No Minimum |
| Number Of Pets: | 4 |
| Pet Restrictions: | Buyer/ buyers agent to verify if there are any pet restrictions with the local county/ city ordnances. |
| Sdeo yn: | No |
| Terms Of Lease: | Gross Lease |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 2 |
| Unit Count: | 3 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Individually Metered: | Electric |
| Association 2 Yn: | 0 |
| Attribution Contact: | 407-682-3355 |
| Originating System Name : | Stellar MLS |
| Audio Surveillance Notice Yn: | No |
| Number Of Separate Electric Meters: | 3 |
| Number Of Separate Water Meters: | 1 |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-08-14 |
| Fireplace?: | Yes |
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Property Last Updated: October 21, 2026 02:40 AM - ET
