318 S. Clake Street, Deland, Florida 32720
1/19

$465,000 USD

Apartment for Sale, 318 S. Clake Street, Deland, Florida 32720

  • MLS#V4947850
  • 3
  • 3

Listed By CENTURY 21 Sundance Realty

The Apartment for Sale located at 318 S. Clake Street, Deland, Florida 32720 is currently for sale. 318 S. Clake Street, Deland, Florida 32720 is listed for $465,000. This property has 3 bedrooms, 3 bathrooms.

Date Updated : Apr 3, 2026

Property features

Construction

  • Year built: 1941
  • Style: Multi-Level

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Total bathrooms: 3
  • Full bathrooms: 3

Description

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.

Location

318 S. Clake Street, Deland, Florida 32720

318 S. Clake Street, Deland, Florida 32720