For sale Multi-Family Home

Listed May 15, 2026

$2,247,000 Est. $14,862/mo

1104 Truman Avenue

  • 5

    Beds

  • 4

    Baths

  • 3,136

    Sq ft

The story

LOTS OF OPTIONS! Prime Old Town Key West Location with Off Street Parking.A variety of uses; long-term rentals, monthly vacation rentals, employee housing, or mixed-use potential with possible commercial use on the ground level and residential above. The flexible interior layout offers the potential to be a duplex or reimagined as a spacious single-family residence. Conversion to four condos offers the highest investment return. (Buyer to verify) Generous off-street parking; a rare and valuable feature in Old Town, enhances desirability for business and/or residential occupants. Classic Conch-style construction with covered porches adds to the property's island appeal and long-term value. The property currently consists of four apartments; one 2BR/1BA unit and three 1BR/1BA units, all licensed rentals.. This is an extremely well-located property with multiple use possibilities in a high-demand market.

Facts & features

Home type

Multi-Family Home

Year built

1928

Floors

2

Price per sq ft

$717

Parking

4-car garage

Included features

  • Cooling

    Central Air, Wall/Window Unit(s), Ceiling Fan(s)

  • Heating

    Varies by Unit

  • Appliances

    Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer

  • Roof

    Metal

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$14,862 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $11,959
  • Property tax $2,247
  • Insurance $655

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Location 3 Real Estate of KW Inc (KW)

Broker Name

Location 3 Real Estate of KW Inc (KW)

Agent

Nancy Swift