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.
| Price | $459,997 | |
| Bedrooms | 5 | |
| Full Baths | 4 | |
| Half Baths | 0 | |
| Total Baths | 4 | |
| Lot Size Area | 9257 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.21 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Features | Thermostat | |
| Exterior Features | Private Mailbox, Sidewalk | |
| Year Built | 1954 | |
| Subdivision | AZALEA PARK SEC 07 | |
| Roof | Membrane | |
| Heating | Central | |
| Foundation | Slab | |
| Laundry Features | Inside | |
| Directions | From Colonial Dr, head North Semoran Blvd, make a left on Dahlia Dr and left on Alder Dr, property will be on the left | |
| County | Orange | |
| Latitude | 28.547753 | |
| Longitude | -81.299422 | |
| Market Area | 32807 – Orlando/Azalea Park/Park Manor | |
| Address | 38 N ALDER DRIVE, ORLANDO, FL 32807 | |
| Postal Code | 32807 | |
| City | ORLANDO | |
| State | FL | |
| Country | United States | |
| Listing Office | CAISSA REALTY INVESTMENT INC | |
| Listing Office Phone | 407-364-3056 | |
| Listing Agent | Elizabeth Rodriguez | |
| Listing Agent Phone | 407-480-8829 | |
| Special listing conditions | None | |
| Ownership | Fee Simple | |
| Terms | Cash, Conventional | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/stellar/O6377013 | |
| Days on market | 39 | |
| MLS Status | Active | |
| Listing Date | Jan 27, 2026 | |
| Listing Last Modified | Mar 7, 2026 | |
| Tax ID | 272230039004190 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 3952 | |
| MLS Area | 32807 – Orlando/Azalea Park/Park Manor | |
| MLS # | O6377013 | |
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