← Back to homesACTIVE · MLS MFRO6377013

Orlando, FL · Single Family Residence

38 N Alder Dr

$448,997
MLS MFRO6377013
5Bedrooms
4Bathrooms
1,658Square feet
0.21Acres

THE SETTING, AND THE DETAILS

A closer look.

One or more photo(s) has been virtually staged. BACK IN THE MARKET. 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.

The details that help you decide.

Details supplied with the listing. Information that was not provided is marked below.

Home essentials
Price per square foot
$271
Full bathrooms
4
Half bathrooms
0
Heated living area
1658
Lot size (acres)
0.21
Lot size (sq ft)
9257
Year built
1954
Property type
Residential
Property style
Not provided
Interior & rooms
Interior features
Thermostat
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Flooring
Tile
Additional rooms
Not provided
Land, water & community
Waterfront
No
Waterfront type
Not provided
Water body / lake name
Not provided
Water view
Not provided
Dock
Not provided
Dock features
Not provided
Other views
Not provided
Lot features
Not provided
Exterior features
Private Mailbox, Sidewalk
Community amenities
Not provided
Zoning
R-1A
Current use
Not provided
Horse amenities
Not provided
Fencing
Not provided
Other structures
Not provided
Pool, parking & systems
Private pool
No
Pool features
Not provided
Garage
No
Garage spaces
Not provided
Carport
Yes
Carport spaces
2.00
Parking features
Not provided
Fireplace
No
Fireplace features
Not provided
Heating
Central
Cooling
Central Air
Water supply
Private
Sewer
Public Sewer
Utilities
Public
Construction
Construction materials
Block, Stucco
Roof
Membrane
Foundation
Slab
Stories
Not provided
Levels
Two
Location & schools
City
ORLANDO
Subdivision
AZALEA PARK SEC 07
County
Orange
ZIP code
32807
Elementary school
Azalea Park Elem
Middle school
Roberto Clemente Middle
High school
Not provided
Association, taxes & listing
HOA / association
No
Association fee
Not provided
Fee frequency
Not provided
Included services
Not provided
Association amenities
Not provided
Additional association fee
Not provided
Additional fee frequency
Not provided
Condo fee
Not provided
Condo fee frequency
Not provided
Annual property taxes
$3,952
Tax year
2024
Other annual assessments
Not provided
CDD
No
Listing status
Active
Days on market
87
Listing broker
CAISSA REALTY INVESTMENT INC
MLS number
MFRO6377013

Explore the area

Location supplied with the listing. Confirm boundaries and access for the property.

Listed by CAISSA REALTY INVESTMENT INC · MLS MFRO6377013
Source: mfrmls · Listing updated 2026-05-30 19:05:21 UTC.
Information is deemed reliable but is not guaranteed. Availability and details may change.

Listing photograph

MLS MFRO6377013 · CAISSA REALTY INVESTMENT INC

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