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.
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.
Property Details
Price:
$389,900
MLS #:
O6355283
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Multi Family (5+)
Subdivision:
LEESBURG ARCHBELL SUB
Neighborhood:
34748leesburg
Listed Date:
Oct 24, 2025
Finished Sq Ft:
10,883
Total Sq Ft:
11,363
Lot Size:
27,860 sqft / 0.64 acres (approx)
Year Built:
1910
Units:
9
See this Listing
Schools
Interior
Cooling
None
Flooring
Hardwood
Heating
None
Interior Features
Ninguno
Laundry Features
None
Exterior
Construction Materials
Wood Frame
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$3,357
Map
Community
- Address1502 HIGH STREET LEESBURG FL
- SubdivisionLEESBURG ARCHBELL SUB
- CityLEESBURG
- CountyLake
- Zip Code34748
Subdivisions in LEESBURG
- 0004
- 1925-1925
- ACREAGE
- ACREAGE & UNREC
- ACREAGE & UNREC PLATS
- ARBORMERE SUB
- ARBORS OF LAKE HARRIS
- ARLINGTON RDG – PH 3B
- ARLINGTON RDG PH 01-C
- ARLINGTON RDG PH 2
- ARLINGTON RDG PH 3A
- ARLINGTON RDG PH 3B
- ARLINGTON RDG PH 3C
- ARLINGTON RIDGE
- ARLINGTON RIDGE PH 02
- ARLINGTON RIDGE PH 1-A
- ARLINGTON RIDGE PH 1-B
- ARLINGTON RIDGE PHASE 3C
- ARLINGTON RIDGE PHASE I-A
- AZALEA HILL
- AZALEA HILL APARTMENTS
- AZALEA HILLS
- AZALEA HILLS APARTMENTS
- BASSVILLE PARK
- BENTLEY VILLAS
- BEVERLY SHORES
- BONFIRE MOBILE HOME VILLAGE SUB
- BRADFORD RIDGE
- BRITTANY ESTATES
- BRITTANY ESTATES SUB
- CENTURY ESTATES SUB
- CHESTERBROOK CONDO
- CISKY PARK
- CLEARWATER RESERVE PH 2
- CLEARWATER RESERVE PHASE 2
- COACHWOOD COLONY ADD 01
- COACHWOOD COLONY EAST
- CONSIGNY PLACE SUB
- COUNTRY CLUB VIEW SUB
- COUNTRY CORNER SUB
- CRESTVIEW ESTATES
- CYPRESS HAVEN UNIT 01
- DELOUEST LAND
- DEVELOPMENT MANE FRISCH’S
- EAGLES POINT PH II SUB
- EDGEWOOD PARK ADD
- EDWARDS NEWTOWN ADD/LEESBURG
- EMERALD POND SUB
- ESTATES AT SUNNYSIDE SUB
- FORTY EIGHT ESTATES
- FOX POINTE AT RIVERS EDGE
- FTY EIGHT ESTS
- GOLFVIEW
- GREEN OAKS RETIREMENT COOP INC TR A & B
- GREENLEAF BUS CENTRE
- GREENLEAF BUSINESS CENTRE
- GREENVIEW SUB
- GRIFFIN SHORES
- GROVES AT WHITEMARSH
- HAINES CREEK HEIGHTS
- HAINES LAKE ESTATES
- HARBOR SHORES UNIT 01
- HARBOR SHORES UNIT 02
- HAWTHORNE AT LEESBURG
- HAWTHORNE AT LEESBURG A COOP
- HAWTHORNE/LEESBURG
- HERITAGE COVE SEC 24
- HIGHLAND LAKES
- HIGHLAND LAKES PH 01
- HIGHLAND LAKES PH 01B
- HIGHLAND LAKES PH 02A
- HIGHLAND LAKES PH 02B
- HIGHLAND LAKES PH 02C
- HIGHLAND LAKES PH 02D TR A-D
- HIGHLAND LAKES PH 03 TR A-G
- HIGHLAND LAKES PH 2-A
- HIGHLAND LAKES PH 3
- HIGLEY
- HILLTOP
- HILLTOP SUB 3
- HILLTOP VIEW
- HOLLYWOOD HEIGHTS
- HOWELL PARK
- INDIAN HILL
- JOHNSONS MARY K & T S
- KINGS PENINSULA
- LAKE DENHAM ESTATES
- LAKE EUSTIS VILLAGE PARK
- LAKE GRIFFIN PRESERVE
- LAKE GRIFFIN RESERVE
- LAKE YALE COVE PH 01
- LAKE YALE ESTATES
- LAKE YALE ESTATES CONDOMINIUM
- LAKEWOOD PARK
- LANIER
- LEESBURG
- LEESBURG ARBORS LAKE HARRIS
- LEESBURG ARCHBELL SUB
- LEESBURG ARLINGTON RDG PH 3B
- LEESBURG ARLINGTON RIDGE PH 02
- LEESBURG ARLINGTON RIDGE PH 1-A
- LEESBURG ARLINGTON RIDGE PH 1-B
- LEESBURG ARLINGTON RIDGE PH 1-C
- LEESBURG ASHTON WOODS
- LEESBURG BEACH GROVE
- LEESBURG BEL MAR
- LEESBURG BEULAH HEIGHTS
- LEESBURG BEVERLY HARBORS 02 CONDO
- LEESBURG BEVERLY SHORES
- LEESBURG BIRCHWOOD
- LEESBURG BIRCHWOOD SUB
- LEESBURG BLANMAY
- LEESBURG BONAIRE HEIGHTS 02
- LEESBURG BUDDS
- LEESBURG CHESTERBROOK 02 CONDO
- LEESBURG CHESTERBROOK 02 CONDO PH 01
- LEESBURG CLEARVIEW TERRACE
- LEESBURG COACH HOUSES AT LEESBUG CONDO
- LEESBURG COACHWOOD COLONY
- LEESBURG COMMANDER ROAD OFFICE PARK
- LEESBURG COMMONS BUS PARK
- LEESBURG CRESTRIDGE AT LEESBURG
- LEESBURG EAST COACHWOOD COLONY
- LEESBURG EAST COACHWOOD COLONY ADD 01
- LEESBURG FERNERY
- LEESBURG GAMBLE COTTRELL
- LEESBURG GREENLEAF BUS CENTRE
- LEESBURG HAMPTON COURT
- LEESBURG HANSONS SUB
- LEESBURG HILLTOP VIEW
- LEESBURG HILLTOP VIEW SUB
- LEESBURG INDIAN OAKS
- LEESBURG INTERLAKEN PLAZA SUB
- LEESBURG J W LEES SUB
- LEESBURG JAMESTOWNE SUB
- LEESBURG KERLS ADD 02
- LEESBURG KINGSON PARK
- LEESBURG KNOTTS
- LEESBURG KNOTTS ADD
- LEESBURG L R M C PROFESSIONAL OFFICE 01
- LEESBURG LAGOMAR SHORES
- LEESBURG LAKE HARRIS ESTATES
- LEESBURG LAKE POINTE AT SUMMIT
- LEESBURG LAKEWOOD PARK
- LEESBURG LEES
- LEESBURG LEESBURG COMMERCE PARK PH 01
- LEESBURG LEGACY LEESBURG UNIT 02 LT 163
- LEESBURG LEGACY LEESBURG UNIT 05
- LEESBURG LEGACY LEESBURG UNIT 06
- LEESBURG LEGACY OF LEESBURG UNIT 07
- LEESBURG LEGACY UNIT 03 LT 259
- LEESBURG LIBERIA
- LEESBURG LOVES POINT ADD
- LEESBURG LOVES POINT ESTATES
- LEESBURG LSBG REALTY COS ADD
- LEESBURG MAJESTIC OAKS LANDING
- LEESBURG MAJESTIC OAKS SHORES
- LEESBURG MC WILLMAN SUB
- LEESBURG MEADOWS LEESBURG
- LEESBURG N C LEE ESTATE
- LEESBURG OAK CREST
- LEESBURG OAKHILL PARK
- LEESBURG OAKHURST AT LEESBURG CONDO
- LEESBURG OAKRIDGE CONDO PH 01
- LEESBURG ORANGE HEIGHTS
- LEESBURG OVERLOOK AT LAKE GRIFFIN
- LEESBURG PALM HARBOR SUB
- LEESBURG PALMORA GREEN SUB
- LEESBURG PALMORA PARK
- LEESBURG PALMORA PARK ANNEX
- LEESBURG PALMORA PLACE
- LEESBURG PALMORA SUB
- LEESBURG PULP MILL SUB
- LEESBURG ROYAL OAK ESTATES
- LEESBURG ROYAL OAK ESTATES SUB
- LEESBURG S MAIN ST
- LEESBURG SCHOOL VIEW
- LEESBURG SHERWOOD HIGHLANDS
- LEESBURG SLEEPY HOLLOW
- LEESBURG SLEEPY HOLLOW FIRST ADD
- LEESBURG SLEEPY HOLLOW SUB
- LEESBURG SPANISH OAKS CONDO
- LEESBURG SUNNSIDE TRAILS PH 02 LT 11 O
- LEESBURG SUNSET TERRACE
- LEESBURG SUNSHINE PARK
- LEESBURG TERRACE GREEN
- LEESBURG THE FERNERY SUB
- LEESBURG THE PULP MILL SUB
- LEESBURG VILLAGE AT LAKE POINTE LT 66 PB 05
- LEESBURG VINEWOOD SUB
- LEESBURG W C WILKINS 06
- LEESBURG W C WILKINS SUB
- LEESBURG WATERS EDGE
- LEESBURG WATERS EDGE SUB
- LEESBURG WESTSIDE OAKS
- LEESBURG WESTSIDE OAKS FIRST ADD
- LEESBURG WHISPERING PINES
- LEESBURG WHISPERING PINES ANNEX
- LEESBURG, PALM HARBOR
- LEGACY LEESBURG
- LEGACY OF LEESBURG
- LEGACY OF LEESBURG UNIT 07
- LEGACY/LEESBURG UN 04
- LEGACY/LEESBURG UN 05
- LIBERTY PRESERVE
- LIBERTY PRESERVE PH TWO
- LISBON
- LSBG LOVES SUB
- MAGDA ESTATES
- MAGDA ESTATES SUB
- MAGNOLIA PARK TR C
- MEADOW RDG/GRAND ISLAND PH 2
- MEADOW RIDGE OF GRAND ISLAND
- MEADOW RIDGE OF GRAND ISLAND
- MEADOW RIDGE/GRAND ISLAND PH 2
- MEADOWS AT SUNNYSIDE
- MOLOKAI
- MOLOKAI CO-OP
- MOLOKAI MHP LT 02-HA
- MOLOKAI MOBILE HOME PARK
- MOLOKAL MOBILE HOME PARK
- MORNINGVIEW AT LEESBURG
- MOUNT VERNON
- NEW BRADFORD MOBILE HOME ESTATES
- NON
- OAK CREST
- OAK PARK HOMESITES
- OAKMONT AT SILVER LAKE SUB
- OAKS/LEESBURG CONDO PH 1
- OVERLOOK/LK GRIFFIN
- PALM PLAZA
- PALM SHORES RV RESORT LT 136 AMD
- PALMS MOBILE HOME ESTATES
- PARK HILL PH 02
- PARK HILL SUB
- PARKSIDE
- PENNBROOKE FAIRWAYS
- PENNBROOKE PH 01A
- PENNBROOKE PH 01D
- PENNBROOKE PH 01F TR A-D & STREETS
- PENNBROOKE PH 01G TR A-B
- PENNBROOKE PH 01H
- PENNBROOKE PH 01K UNITS 01 & 02
- PENNBROOKE PH 1E SUB
- PENNBROOKE PH 1H
- PENNBROOKE PH 1J
- PENNBROOKE PH M SUB
- PENNBROOKE PH Q SUB
- PINE HARBOUR
- PINE ISLAND SHORES
- PLANTATION AT LEESBURG
- PLANTATION AT LEESBURG ARBORDALE VILLAGE
- PLANTATION AT LEESBURG ASHLAND VILLAGE
- PLANTATION AT LEESBURG ASHLAND VLG
- PLANTATION AT LEESBURG BELLE GROVE
- PLANTATION AT LEESBURG BRAMPTON VILLAGE SUB
- PLANTATION AT LEESBURG CASA DEL LAGO
- PLANTATION AT LEESBURG CHANTICLEER VILLAGE L
- PLANTATION AT LEESBURG GLEN EAGLE VILLAGE TR A-E
- PLANTATION AT LEESBURG GLENDALE VILLAGE
- PLANTATION AT LEESBURG GOLFVIEW
- PLANTATION AT LEESBURG GREENTREE
- PLANTATION AT LEESBURG HERON RUN
- PLANTATION AT LEESBURG HIDDEN OAK VILLAGE
- PLANTATION AT LEESBURG HIDDEN OAK VILLAGE TR A
- PLANTATION AT LEESBURG LAUREL VALLEY VILLAGE
- PLANTATION AT LEESBURG LAUREL VALLEY VILLAGE SUB
- PLANTATION AT LEESBURG LONG MEADOW VILLAGE
- PLANTATION AT LEESBURG MANOR VIEW VILLAGE
- PLANTATION AT LEESBURG MULBERRY GROVE
- PLANTATION AT LEESBURG MULBERRY GROVE VILLAGE
- PLANTATION AT LEESBURG NOTTOWAY VILLAGE
- PLANTATION AT LEESBURG OAK TREE VILLAGE
- PLANTATION AT LEESBURG RIVER CREST
- PLANTATION AT LEESBURG RIVER CREST UNIT
- PLANTATION AT LEESBURG RIVER CREST UNIT 01
- PLANTATION AT LEESBURG RIVER CREST UNIT 02
- PLANTATION AT LEESBURG RIVERSIDE VILLAGE
- PLANTATION AT LEESBURG RIVERWALK VILLAGE
- PLANTATION AT LEESBURG SABLE RIDGE VILLAGE L
- PLANTATION AT LEESBURG SAWGRASS VILLAGE
- PLANTATION AT LEESBURG SUMMERBROOKE VILLAGE
- PLANTATION AT LEESBURG TARA VIEW
- PLANTATION AT LEESBURG WATERBRIDGE VILLAGE
- PLANTATION OF LEESBURG
- PLANTATION/LEESBURG ARBORDALE
- PLANTATION/LEESBURG ASHLAND VL
- PLANTATION/LEESBURG GLEN EAGLE
- PLANTATION/LEESBURG NOTTOWAY V
- PLANTATION/LEESBURG TARA VIEW
- QUAIL POINTE AT SILVER LAKE
- QUAIL RIDGE ESTATES
- QUAIL RIDGE ESTATES FIRST ADD
- RAVENSWOOD PARK
- RIVERSIDE SUB
- ROYAL HIGHLANDS
- ROYAL HIGHLANDS PH 01 TR B LESS PT LYING W FOL
- ROYAL HIGHLANDS PH 01A
- ROYAL HIGHLANDS PH 01B
- ROYAL HIGHLANDS PH 01CA
- ROYAL HIGHLANDS PH 01D
- ROYAL HIGHLANDS PH 01E
- ROYAL HIGHLANDS PH 02
- ROYAL HIGHLANDS PH 02 LT 992 ORB 1976 PG 173
- ROYAL HIGHLANDS PH 02-A LT 1173 ORB 2040
- ROYAL HIGHLANDS PH 02-B LT 1317 PB 50 PG
- ROYAL HIGHLANDS PH 1 B
- ROYAL HIGHLANDS PH 1 D
- ROYAL HIGHLANDS PH 1-D
- ROYAL HIGHLANDS PH 2
- ROYAL HIGHLANDS PH I SUB
- ROYAL HIGHLANDS PH IA SUB
- ROYAL HIGHLANDS PHASE 1 B
- ROYAL HIGHLANDS PHASE 1-A
- ROYAL HIGHLANDS PHASE 1-F
- ROYAL HLNDS PH 1-B
- SANDPIPER CO-OP INC MHP LT 101
- SCOTTISH HIGHLANDS
- SCOTTISH HIGHLANDS CONDO
- SCOTTISH HIGHLANDS CONDO PH A & AA
- SCOTTISH HIGHLANDS CONDO PH B
- SCOTTISH HIGHLANDS CONDO PH H
- SCOTTISH HIGHLANDS CONDO PH I
- SCOTTISH HIGHLANDS CONDO PH N
- SCOTTISH HIGHLANDS CONDO PH O
- SCOTTISH HIGHLANDS CONDO PH S
- SCOTTISH HIGHLANDS CONDOMINIUM
- SCOTTISH HLNDS CONDO
- SEASONS AT HILLSIDE
- SEASONS AT SILVER BASIN
- SEASONS/HILLSIDE
- SEASONS/PK HILL
- SEASONS/SILVER BASIN
- SELMA HOMESITES
- SHADEMOOR ACRES FIRST ADD
- SHANGRI LA SHORES
- SHENANDOAH SUB
- SILVER LAKE ESTATES
- SILVER LAKE ESTATES PHASE 1
- SILVER LAKE FOREST
- SILVER LAKE FOREST SUB
- SILVER LAKE MEADOWS SUB
- SILVER LAKE POINTE
- SILVER RIDGE SUB
- STONEGATE AT SILVER LAKE SUB
- SUNNY DELL PARK
- SUNNY DELL PARK FIRST ADD
- SUNNYSIDE SUB
- SUNNYSIDE TRLS PH 1
- SUNSET PARK
- SUNSHINE PARK
- THE MEADOWS OF LEESBURG
- THE PLANTATION AT LEESBURG
- TREASURE ISLAND SHORES FIRST ADD
- TREASURE ISLAND SUB
- UNINCORPORATED
- UNINCORPORATED LAKE COUNTY
- VILLAGE/LK POINTE
- VLG AT LAKE POINTE
- WALNUT RIDGE
- WESTERN SHORES
- WESTERN SHORES ADD 02
- WESTERN SHORES FIRST ADD
- WESTERN SHORES SECOND ADD
- WHITEMARSH
- WHITEMARSH SUB
- WINDSONG AT LEESBURG
- WINDSONG/LEESBURG PH 2
- WOODY ACRES SUB
- X
Market Summary
Current real estate data for Multi Family in LEESBURG as of Apr 29, 2026
5
Multi Family Listed
195
Avg DOM
142
Avg $ / SqFt
$547,980
Avg List Price
Property Summary
- Located in the LEESBURG ARCHBELL SUB subdivision, 1502 HIGH STREET LEESBURG FL is a Multi Family for sale in LEESBURG, FL, 34748. It is listed for $389,900 To schedule a showing of MLS#o6355283 at 1502 HIGH STREET in LEESBURG, FL, contact your Charles Rutenberg Realty agent at (407) 619-0129.
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Courtesy of EQUITYPRO LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than Charles Rutenberg Realty include the name of the listing broker. Neither the listing company nor Charles Rutenberg Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1502 HIGH STREET
LEESBURG, FL