210 S Orange Ave · Bartow, FL 33830

$1,850,000

30 bd · 20.0 ba · 1,976 sqft · MultiFamily public records · 62 Days on market

Built 2000 0.82 ac lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +14.1/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• 1% rule +3.6/10.0
• Schools +3.5/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 10 units. confirmed

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

Well maintained 10 unit apartment complex with 2 duplexes and 2 triplexes. 6 units have 3 bedrooms/2 baths and 4 units have 2 bedrooms/2 baths. Units have washer/dryer hook-ups. 2 parking spaces for each unit. All roofs replaced 2017-2019. HVAC UNITS in 7 out of 10 replaced 2015-2019. Close to downtown and courthouse.

Key facts

• Open floor plan
• Walk in shower
• Turnkey opportunity

Tags

• TURNKEY OPPORTUNITY
• OPEN FLOOR PLAN
• CERAMIC WOOD LOOK TILE
• BREAKFAST BAR SEATING
• TUB SHOWER COMBINATION
• WALK IN SHOWER

Property features AI

Finance

• Other: Property type: Residential income (quadruplex); Total acreage about 0.82 acres; Lot features: city limits, in-county
• Financial info: Annual net income reported; Tenants pay electricity and water; Multiple rental unit types with pro forma rents (approx. $1,550 for 3-bed, $1,275 for 2-bed)
• HOA & community: No association; Street lights in the community

Exterior

• Parking: Assigned parking; Guest parking
• Security: Security lights
• Utilities: Public water; Public sewer; Cable available; High-speed internet available; Electricity connected; Water connected; Sewer connected
• Home design: Residential income property (quadruplex); Completed condition; Single-level buildings; R-3 zoning
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Total of 4 buildings on site
• Exterior features: Patio; Porch; Fenced; Exterior lighting; Sidewalks; Sliding doors; Landscaped grounds; Paved surfaces

Interior

• Kitchen: Dishwasher; Disposal; Range; Refrigerator; Electric water heater
• Bedrooms: Total of 26 bedrooms (building total); Typical unit types include 3-bedroom and 2-bedroom units
• Flooring: Carpet; Tile
• Bathrooms: Units with 2 bathrooms (per unit type: 3-bed units have 2 baths; 2-bed units have 2 baths)
• Heating & cooling: Central heat; Central air conditioning
• Interior features: Ceiling fans; Kitchen/family room combo; Open floor plan; Split bedroom layout; Thermostat; Walk-in closets; Blinds on windows; Inside utility room
• Laundry & utility: Washer hookup; Electric dryer hookup; Inside utility

What this means for you Summary

Snapshot

• This is a 6×3bd/2.0ba + 4×2bd/2.0ba units multifamily listed at $1.85M.

Deal economics

• At list price, monthly cash flow is $270 ($3k/yr) — positive. Per door: $27/mo.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $1.59M (14.2% below list).
• Recommended offer: $1.59M (14.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#526 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D-, amenities F.
• Polk (suburban): math 39% / reading 43% proficiency, ranked #62 of 73 in FL (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Floral Avenue Elementary School (math 36% / reading 38%, grade F, #1,609 of 2,144 statewide, top 77%, 611 students, 56% FRL); Bartow Middle School (math 33% / reading 36%, grade F, #421 of 571 statewide, top 74%, 1,046 students, 63% FRL); Bartow Senior High School (math 26% / reading 46%, grade F, #359 of 667 statewide, top 55%, 2,125 students, 44% FRL).
• Market conditions: Rents rising (+2.7%/yr); 392 active listings in the ZIP; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• At $15,880/mo this rent would consume 298% of the median local household income ($64k/yr) (locally 681% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $13k of loan paydown is wiped out by about $56k of value loss. Plan a longer hold.
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($1.74M) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $1.00M; list at $1.85M implies a 85% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,588,000 (14.2% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.86% ✗
• Cap rate: 6.47%
• Cash-on-cash: 0.63%
• DSCR: 1.03
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.72% rent growth · sell at horizon

5-year hold

• IRR: -15.6%
• Equity multiple: 0.45×
• Total profit: $-287,090
• Equity at exit: $275,841

10-year hold

• IRR: -7.6%
• Equity multiple: 0.52×
• Total profit: $-246,317
• Equity at exit: $159,954

Cash invested: $518,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33830

• Home prices YoY: -19.8%
• Rents YoY: 2.7%
• Active inventory: 392
• Price-to-rent: 88.9×

Monthly cashflow live

• Estimated rent: $15,880 high
• Mortgage (P&I): −$9,702
• Tax from tax record: −$1,802 /mo · $21,628/yr
• Insurance: −$771
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,335
• Net cashflow: $270

Break-even live

Break-even rent $15,538

Max offer price $1,850,000

Occupancy floor 93%

Sensitivity live

Price	-10% $1,318	-5% $794	+0% $270	+5% $-253	+10% $-777
Rent	-10% $-984	-5% $-357	+0% $270	+5% $898	+10% $1,525
Rate	-1.0pp $1,202	-0.5pp $741	base $270	+0.5pp $-209	+1.0pp $-697

10-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 6× units	3	2	$10,404
▸ 4× units	2	2	$5,472
Total (10 units)			$15,880

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $462,500
• Closing costs: $55,500
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-22
   days on market $1,850,000 Active 62 DOM
2. 2026-06-18
   days on market $1,850,000 Active 59 DOM
3. 2026-06-17
   days on market $1,850,000 Active 58 DOM
4. 2026-06-16
   days on market $1,850,000 Active 57 DOM
5. 2026-06-15
   days on market $1,850,000 Active 56 DOM
6. 2026-06-13
   days on market $1,850,000 Active 54 DOM
7. 2026-06-10
   days on market $1,850,000 Active 51 DOM
8. 2026-06-09
   days on market $1,850,000 Active 50 DOM
9. 2026-06-08
   days on market $1,850,000 Active 49 DOM
10. 2026-06-07
    days on market $1,850,000 Active 48 DOM
11. 2026-06-05
    days on market $1,850,000 Active 45 DOM
12. 2026-06-03
    days on market $1,850,000 Active 44 DOM
13. 2026-06-03
    days on market $1,850,000 Active 43 DOM
14. 2026-06-01
    days on market $1,850,000 Active 42 DOM
15. 2026-05-31
    days on market $1,850,000 Active 41 DOM
16. 2026-04-20
    listed $1,850,000 Active
17. 2023-06-13
    historical
18. 2021-04-13
    soldstatus $1,000,000 Closed 321-char remark

    Show marketing remark (321 chars)

    Well maintained 10 unit apartment complex with 2 duplexes and 2 triplexes. 6 units have 3 bedrooms/2 baths and 4 units have 2 bedrooms/2 baths. Units have washer/dryer hook-ups. 2 parking spaces for each unit. All roofs replaced 2017-2019. HVAC UNITS in 7 out of 10 replaced 2015-2019. Close to downtown and courthouse.

19. 2021-04-01
    status Pending 321-char remark

    Show marketing remark (321 chars)

    Well maintained 10 unit apartment complex with 2 duplexes and 2 triplexes. 6 units have 3 bedrooms/2 baths and 4 units have 2 bedrooms/2 baths. Units have washer/dryer hook-ups. 2 parking spaces for each unit. All roofs replaced 2017-2019. HVAC UNITS in 7 out of 10 replaced 2015-2019. Close to downtown and courthouse.

20. 2021-02-12
    status Pending 321-char remark

    Show marketing remark (321 chars)

    Well maintained 10 unit apartment complex with 2 duplexes and 2 triplexes. 6 units have 3 bedrooms/2 baths and 4 units have 2 bedrooms/2 baths. Units have washer/dryer hook-ups. 2 parking spaces for each unit. All roofs replaced 2017-2019. HVAC UNITS in 7 out of 10 replaced 2015-2019. Close to downtown and courthouse.

21. 2021-01-29
    listed $1,195,000 Active 321-char remark

    Show marketing remark (321 chars)

    Well maintained 10 unit apartment complex with 2 duplexes and 2 triplexes. 6 units have 3 bedrooms/2 baths and 4 units have 2 bedrooms/2 baths. Units have washer/dryer hook-ups. 2 parking spaces for each unit. All roofs replaced 2017-2019. HVAC UNITS in 7 out of 10 replaced 2015-2019. Close to downtown and courthouse.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $21,628 · $1,802/mo
• Projected year-2 tax: $21,628 · $1,802/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $190,560
• − Mortgage interest: −$103,629
• − Property taxes: −$21,628
• − Insurance: −$9,250
• − Repairs & maintenance: −$15,245
• − Management: −$15,245
• − Depreciation: −$53,818
• Taxable loss: −$28,254
• Est. tax savings @ 24.0%: +$6,781
• After-tax cash flow: $10,026/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Polk
• NCES district ID: 1201590
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $43,979
• Composite: 34.74/100
• National rank: #5132
• State rank: #62 of 73 in FL

Livability — Bartow

• Score: 68/100
• State rank: #526
• US rank: #9835

Category grades

Amenities F Commute F Cost of living A+ Crime D- Employment C- Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bartow, FL
• County: Polk County · 740,051 people
• City population: 33,740
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 33,740
• Household income: $63,918
• Rent vs Own: 31.1% rent · 68.9% own
• Severe rent burden: 681.0

Population outlook (Polk County) Hauer SSP2

• Today (2025): 752,975 people
• By 2030: 804,621 · +6.9%
• By 2040: 906,117 · +20.3%
• By 2050: 1,000,476 · +32.9%
• By 2075: 1,197,520 · +59.0%
• By 2100: 1,271,518 · +68.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 22% Black 18% Two or more races 13% Asian 2%
• Hispanic origin (detail): Mexican 13% Puerto Rican 5%
• Common ancestry: Italian 3% Slovak 1% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 17% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Polk

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -14.6pp toward R · 2008: -6.1pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+14.4 2016: R+14.1 2012: R+6.8 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -82.47%
• Current HPI: 333.3392
• Rent YoY: ▲ 2.72%
• Metro: Lakeland-Winter Haven, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+54.8% since first listed

6 events — show timeline

• 2026-04-20 Listed $1,850,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-13 Rental Removed — RENT.
• 2021-04-13 Sold (MLS) $1,000,000 Stellar MLS as Distributed by MLS Grid
• 2021-04-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-02-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-01-29 Listed $1,195,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+10.0%/yr

Latest (2025): $21,628 · +4.5% YoY. Source: county tax records.