ActiveMLS# MFR780310580248 days on market
$448,997
$271 / sq ft
38 N ALDER DR
ORLANDO, FL, 32807
5Bedrooms
4Bathrooms
1,658Sq Ft
1954Year Built
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About This Property

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.

Key Features

  • Built in 1954

Property Details

  • Type: Single Family Home
  • Year Built: 1954
  • Lot Size: 0 sq ft
  • Sq Ft: 1,658
  • Price / Sq Ft: $271
  • HOA: Contact Agent
  • Bedrooms: 5
  • Bathrooms: 4
  • Feature: Built in 1954
  • Status: Active
  • MLS Number: MFR780310580
  • Days on Market: 248
  • Listed By: MLS Listing
  • Zip Code: 32807
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$448,99738 N ALDER DR, ORLANDO, FL
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