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$245,000

512 LONG AVENUE, INVERNESS, FL 34453

Active330 days on market

Beds

4

Baths

2

Sq Ft

1,530 sq ft

Year Built

1987

Lot Size

0.23 acres

Garage

—

About This Property

This income-generating duplex in Inverness, FL, offers a prime investment opportunity with both units currently leased, ensuring immediate rental income. Each unit features 2 bedrooms and 1 bath, with tenants responsible for their own utilities. The property boasts a new roof, separate utility meters, septic system, and public water for added convenience. Located just 3 miles from downtown Inverness, it provides easy access to shopping, dining, and entertainment. Ideal for investors seeking steady cash flow, this well-maintained duplex combines functionality and location, making it a valuable addition to any rental portfolio. Don't miss out on this turnkey investment property!

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #OM705609
StatusActive
Year Built1987
ConstructionBlock, Concrete, Stucco
RoofShingle
FoundationSlab
SubdivisionINVERNESS ACRES UNIT 02 AKA INVERNESS VILLAGE
CountyCitrus
OwnershipFee Simple

Interior Features

InteriorOther
LaundryOther
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorRain Gutters
Lot Size0.23 acres (10,125 sq ft)
Road SurfaceOther
0

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesElectricity Connected, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$245,000
Original Price$250,000
Annual Taxes$3,131 (2024)
FinancingCash, Conventional
ZoningLMD
Parcel #19E19S120120003400070

Schools

ElementaryPleasant Grove Elementary School
MiddleInverness Middle School
HighCitrus High School

Directions

From Highway 44 W, North onto Forest Dr, Right onto Long Ave. Property is on the Right.

Location

512 LONG AVENUE, INVERNESS, FL 34453

Listing Information

OfficeCENTURY 21 J.W.MORTON R.E.
ListedJuly 16, 2025

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Home Price

$245,000

20% ($49,000)
6.75%

Loan Term

Principal & Interest$1,271
Property Tax (est.)$225
Insurance (est.)$150
Total Monthly$1,646
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $245,000 home in INVERNESS.

🏦

Conventional

$12,250 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Citrus County SHIP

Varies

Income-qualifying Citrus residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: September 16, 2026.

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