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1502 High St
For Sale $459,900 ($42.26 per Sq Ft)
$459,900 ($42.26 per Sq Ft)
- 9 Units
- 10,883 Sq Ft
- 27,860 Sq Ft
- Unknown Cap Rate
Description
Here is a chance to convert this nine-unit property into a cash-flowing, 10-unit multifamily residence. Located in Leesburg, a market with strong tenant demand and long-term growth, this property holds tremendous potential to address an undersupplied rental market and achieve significant returns.
A complete renovation, estimated at $400,000, will be required to achieve its maximum potential. Repairs and upgrades will include reroofing, general system maintenance, cosmetic improvements, updated floor plans, and modern interiors. While this project will require significant work, it presents an opportunity for incredible returns, with an After-Repair Value (ARV) of $1,700,000.
This property is a fantastic opportunity to provide value for tenants in a location where demand is strong. Don't miss out on this chance to create affordable and comfortable housing for 10 families.
Contact your EquityPro Advisor today.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $459,900 |
| Property Type | Multi-Family |
| Usable Sqft | 10,883 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1910 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 271924020000201100 |
| MLS # | O6355283 |
| Property ID | 322294646 |
| Lot Sqft | 27,860 |
| Zoning | R-2 |
| Total Units | 9 |
| Days on Market | 90 |
| Original List Price | $515,000 |
| Date Updated | January 21, 2026 |
| Date Created | October 24, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Navid Rokh an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 21, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT