Home in 38 N Alder Dr Orlando for sale with MLS# O6377013

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.

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38 N Alder Dr, Orlando, FL 32807

Price
Price:
$448,997.00
Previous Asking Price:
$458,997.00
Original List Price:
$479,997.00
List Price per Sq Ft (Calculated, Approx.):
$270.81
Property Status and Type
Listing Type:
For Sale
Status:
Active
Contract Status:
Inspections
Previous Status:
Pending (An offer has been accepted)
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
O6377013
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
4
Full Bath:
4
Measures
Living Area:
1,658 Sqft
Built-Up Area:
1,746 Sqft
Lot Area:
9,257 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.21
Property Features
Waterfront:
No
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Range
Interior:
Thermostat
Exterior:
Private Mailbox, Sidewalk
Laundry:
Inside
Air Conditioning System:
Central Air
Heating System:
Central
Property Entrance Faces:
West
Construction
Year Built:
1954
Roof:
Membrane
Levels:
Two
Construction Materials:
Block, Stucco
Flooring:
Tile
Foundation Details:
Slab
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$3,952.00
Tax Year:
2024
Parking
Carport Spaces:
2
Carport
Utilities
Sewer:
Public Sewer
Utilities Available:
Public
Water Source:
Private
Community
Minimum Lease Term:
1-7 Days
Subdivision Name:
AZALEA PARK SEC 07
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, Other
Occupant Type:
Vacant
Lease Considered:
Yes
Zoning and Legal
Tax Legal Description:
AZALEA PARK SECTION SEVEN T/48 LOT 19 BLK D
Real Estate Folio Number (Parcel Number):
27-22-30-0390-04-190
Zoning:
R-1A
Title to the property is held by owner as:
Fee Simple
Public Schools Assigned
Elementary School:
Azalea Park Elem
Middle Or Junior School:
Roberto Clemente Middle
Listing History
Originally published on:
January 27, 2026 8:41 pm
Active on the market since:
January 27, 2026
Listing Agreement executed on:
January 27, 2026
Purchase Contract Date:
March 28, 2026
Price change occurred on:
May 5, 2026 1:47 pm
Listing Status Last Changed On:
May 4, 2026 12:05 am
Photos updated on:
February 26, 2026 2:08 pm
Last Modified:
May 30, 2026 7:05 pm
Additional Information
Courtesy of:
CAISSA REALTY INVESTMENT INC
Attribution:
407-364-3056
Road Surface Type:
Paved, Asphalt
Location
Street Name:
ALDER
Street Number:
38
City:
ORLANDO
State:
Florida
Zip Code:
32807
County:
Orange
Latitude:
N28° 32' 51.9''
Longitude:
W82° 42' 2.1''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $59,583
Median Home Value $247,700
Median Rent $1,471/mo
Median Age 36
Population 34,933

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. Listings courtesy of Stellar MLS, as distributed by MLS GRID. IDX information is provided exclusively 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. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House information, if any, is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS and as amended from time to time. Some IDX listings have been excluded from this website. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Based on information submitted to MLS GRID as of May 30, 2026, 7:05 PM.