450 S Hill Avenue, DeLand, FL 32724 (MLS# 1230301)

450 S Hill Avenue, DeLand, FL 32724

New Listing

$329,900

Property Type: Residential Income Bedrooms: 4 Baths: 4 Square Footage: 870 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $329,900 List Date: 9/01/2026 Last Modified: 9/01/2026

Overview

Description

Income-Producing Deland Duplex Near Downtown Great investment opportunity in a desirable Deland location close to downtown! This duplex features *two spacious 2-bedroom, 2-bath units*, with each side offering approximately *870 square feet of living space* and its own *1-car detached garage*. One unit has already received some renovations, while the other offers an opportunity for the new owner to update and add value. The current owner has intentionally kept rents below market at just *$700 per month per side*, while similar units on the same street are reportedly renting for approximately *$1,500-$1,700 per month*. Current leases expire in *June 2027*, providing an excellent opportunity for a new owner to reposition the property and increase rental income. With a convenient location near downtown Deland, solid unit sizes, private garages, and significant rental upside, this property offers an attractive opportunity for investors looking for *long-term income potential and value-add*

Listing Details MLS# 1230301

General Property Information

Number Of Units Total: 2
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 870
Year Built: 1988
Lot Size Acres: 0.11
Lot Size Dimensions: 38.0 ft x 136.0 ft
CDD Fee YN: No
Furnished: Unfurnished
Senior Community YN: No
Directions: 44 east to right on S Hill Ave. 450/452 S Hill on right about a mile down
Public Remarks: Income-Producing Deland Duplex Near Downtown Great investment opportunity in a desirable Deland location close to downtown! This duplex features *two spacious 2-bedroom, 2-bath units*, with each side offering approximately *870 square feet of living space* and its own *1-car detached garage*. One unit has already received some renovations, while the other offers an opportunity for the new owner to update and add value. The current owner has intentionally kept rents below market at just *$700 per month per side*, while similar units on the same street are reportedly renting for approximately *$1,500-$1,700 per month*. Current leases expire in *June 2027*, providing an excellent opportunity for a new owner to reposition the property and increase rental income. With a convenient location near downtown Deland, solid unit sizes, private garages, and significant rental upside, this property offers an attractive opportunity for investors looking for *long-term income potential and value-add*
List Price/SqFt: 379.2

Property Features

Construction Materials: Block Cooling: Central Air Current Use: Investment; Residential Flooring: Carpet; Tile; Vinyl Heating: Central Levels: One Listing Terms: Cash; Conventional Lock Box Type: See Remarks Lot Features: Corner Lot Parking Features: Garage Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Utilities: Electricity Connected

Contract Information

Listing Contract Date: 2026-08-31
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 450
Street Direction Prefix: S
Street Name: Hill
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32724
Subdivision Name: Not In Subdivision
MLS Area Major: 92 - Deland

Status Change Information

Major Change Timestamp: 2026-09-01T14:34:32Z
Major Change Type: New Listing

Income and Expenses

Gross Income: 1400

More Information

Unit 1 Details

Unit ID: 450
Actual Rent: 700
Unit SqFt: 870
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: updated

Unit 2 Details

Unit ID: 452
Actual Rent: 700
Unit SqFt: 870
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: not updated

Location, Tax, and Legal

Country: US
Parcel Number: 7015-18-02-0110
Tax Annual Amount: 1902.02
Tax Year: 2025
Flood Zone: X
Tax Legal Description: N 1/2 OF LOT 11 BLK B SMATHERS SUB BLK 173 DELAND MB 23 PG 202 PER OR 3527 PG 1049 PER OR 8391 PG 0855 PER OR 8510 PG 4126 Also Parcel ID: 701518020111 S 1/2 OF LOT 11 BLK B SMATHERS SUB BLK 173 DELAND MB 23 PG 2 02 PER OR 2676 PG 1123 PER OR 8391 PG 0855 PER OR 8510 PG 41 25

Currently Not Used

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Half: 0
Bathrooms Total: 4
Living Area Source: Public Records
Year Built: 1988
New Construction YN: No
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Pool Private YN: No

Lock Box Type

See Remarks: Yes

Construction Materials

Block: Yes

Cooling

Central Air: Yes

Current Use

Investment: Yes
Residential: Yes

Flooring

Carpet: Yes
Tile: Yes
Vinyl: Yes

Heating

Central: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Parking Features

Garage: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Utilities

Electricity Connected: Yes

Listing Office: Worth Clark Realty

Last Updated: September - 01 - 2026

Information deemed reliable but not guaranteed.

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