38 N Alder Drive, Orlando, FL 32807

Orlando
Local realty services provided by:ERA Grizzard Real Estate
38 N Alder Drive,Orlando, FL 32807
$459,997
Virtual Tour
  • 5 Beds
  • 4 Baths
  • 1,658 sq. ft.
  • Single family
  • Active
Listed by: elizabeth rodriguez, gisela rojas
Office: caissa realty investment inc
MLS#:O6377013
Source:MFRMLS

Price summary

  • Price:$459,997
  • Price per sq. ft.:$263.46

About this home

FULLY RENOVATED property located in a highly sought-after, high-demand rental area of Orlando. The home features 5 bedrooms and 4 bathrooms, plus two bonus units with independent entrances, ideal for generating two additional income streams while maintaining complete privacy for the main residence. The layout is perfect for house hacking—live in the main home while the independent units help offset the mortgage—or use it strictly as an investment property with multiple income sources. An excellent option for long-term rentals, room-by-room rentals, or a hybrid strategy. Conveniently located near major roadways, shopping, and essential services, in an area with consistent rental demand. This is a move-in-ready property, designed for buyers who want to turn their purchase into an asset, not a liability. Opportunities like this—fully renovated properties with separate income potential—are rare in today’s market.

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Home facts

  • Year built:1954
  • Listing ID #:O6377013
  • Added:48 day(s) ago
  • Updated:March 17, 2026 at 12:29 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile
  • Kitchen Description:Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Living area:1,658 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Membrane
  • Year built:1954
  • Building area:1,658 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Block, Stucco
  • Exterior Features:Private Mailbox, Sidewalk
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • Middle school:Roberto Clemente Middle
  • Elementary school:Azalea Park Elem

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$459,997
  • Price per sq. ft.:$263.46
  • Tax amount:$3,952 (2024)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Laundry features:Dryer, Inside, Washer
  • Amenities:Thermostat
  • Pool features:Public Pool

Parking

  • Parking description:2 Car Carport
  • Carport spaces:2
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