Investment opportunity in Orlando's growing rental market. This four-unit multifamily property offers investors the rare combination of immediate income, stable occupancy and future value-add potential. Consisting of four 2-bedroom, 1-bath units, the property provides a straightforward and desirable unit mix that continues to be in demand among renters. The property is currently occupied and below market rental rate with month to month leases. With long-term ownership and established tenancy, investors have the opportunity to implement their own management strategy and explore future income enhancement opportunities over time. Additional income potential may also exist through the on-site laundry facilities. Major capital improvements include a newer roof installed in 2025, helping reduce near-term maintenance concerns. Tenants are responsible for their own electric service, while water is currently included in rent. Whether you're expanding an existing portfolio, completing a 1031 exchange or seeking a multifamily asset with both current cash flow and long-term upside, this property deserves a closer look. Conveniently located with access to major employment centers, transportation corridors, shopping, dining and area amenities. Do not disturb tenants. Showings by appointment only.
Multi-familyProperty Type
1972Year Built
0.31 acresLot Size
$152Price/Sq.Ft.
Listed by Tania Matthews• KELLER WILLIAMS ELITE PARTNERS III REALTY
The areas included in R-3 multiple-family dwelling districts are primarily residential in character. Residential uses are permitted at high population densities.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Hotel / motel
Fire house
Police station
Property details
Interior
Bedroom Information
# of Bedrooms: 8
Laundry Room Information
Laundry Features: Common Area, Inside
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Living Room/Dining Room Combo, Thermostat
Utilities: Electricity Connected, Sewer Connected, Water Connected
Location
HOA Information
MFR_Association2YN: 0
Location Information
Directions: From Florida’s Turnpike, take Exit 259 and merge onto Hwy 50 / W Colonial Drive heading west toward Orlando/Ocoee. Continue on Hwy 50 approximately 2.5 miles and turn right onto N Powers Drive. Proceed north on N Powers Drive for approximately 1 mile. Turn left onto Pioneer Road, 2800 Pioneer Drive, Orlando, FL 32808, will be on the right-hand side
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,724
Stories: 2.0
Lot Size: 0.31 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 1975
County: Orange County
APN: 282213805800330
Home facts updated by county records on Aug 27, 2026
Other
Miscellaneous Information
Third Party YN: 0
Listing Information
Attribution Contact: murraycoleman@kw.com
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 37
BOM Date: 2026-06-02T00:00:00.000
Status Contractual Search Date: 2026-08-17
Listing Price Information
Calculated List Price By Calculated Sq Ft: 161.12
Green Information
Green Verification Count: 0
Home Information
Living Area: 3724
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 345.97
Building Area Units: Square Feet
Foundation Details: Slab
Around this home
Schools
Ridgewood Park Elementary School
Public PreK-5 • Assigned • 0.4mi
5/10
Meadowbrook Middle School
Public 6-8 • Assigned • 1.0mi
4/10
Maynard Evans High School
Public 9-12 • Assigned • 0.9mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 108° expected this year, 22 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Orlando, FL • 32808
Average low and high temperatures (°F)
68
47
75
54
80
60
84
65
89
72
91
75
93
76
91
76
88
73
82
68
78
59
73
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in Orlando. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$547,000 – $662,000
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