Lakeland Multi Family

8 Beds ⋅ 4 Baths ⋅ Van Deusen & Shannons SubDv. ⋅ 33803 Zip Code

Must-see historic Lakeland quadruplex in the sought-after South Lake Morton Historic District. This rare 1920s income-producing property blends timeless architectural character with thoughtful modern updates, offering an exceptional opportunity in one of Lakeland’s most desirable locations. Ideally situated near Lake Hollingsworth, this fully rented quadruplex provides steady rental income and strong long-term appeal. A brand-new roof was installed in March 2026, adding valuable peace of mind for the next owner. Each of the four units features two bedrooms and one bathroom, offering comfortable living spaces with abundant natural light, practical storage, and a welcoming atmosphere tenants will appreciate. Thoughtful updates include renovated kitchens with contemporary appliances, fresh interior paint, newer carpeting, individual refrigerators, ranges, water heaters, and air conditioning systems. All utilities are separately metered for efficient management and transparency. While updated for modern convenience, the property preserves its original charm with classic wall casing, crown molding, built-ins, and period details that reflect the character of Lakeland’s historic neighborhoods. Residents enjoy desirable amenities including separate washer and dryer hookups located outside the living areas, assigned covered carport parking, and private outdoor decks for each unit—perfect for relaxing or entertaining. The location further enhances the property’s appeal, placing residents just blocks from beloved local destinations such as Cob & Pen, Concord Coffee, The Peach House, Patio 850, and the scenic Lake Hollingsworth area. With its combination of historic character, modern updates, private outdoor spaces, covered parking, and a prime central Lakeland location, this quadruplex stands out as a compelling investment property. Opportunities like this are rare in the South Lake Morton Historic District. Don’t miss your chance to own a distinctive piece of Lakeland history with income potential and lasting appeal.

211 E Park Street, Lakeland

$525,000

6 Beds ⋅ 3 Baths ⋅ Biltmore Park Sub SubDv. ⋅ 33801 Zip Code

Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bath—ideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!

542 & 540 S Clayton Avenue, Lakeland

$499,000

8 Beds ⋅ 4 Baths ⋅ 33801 Zip Code

Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive, all four units are currently occupied with 12-month leases in place, providing stable rental income from day one. Each duplex features 2 bedrooms, and 1 full bathroom and a washer/dryer hookups for added convenience. Both roofs were replaced in 2019. This property is centrally located in Lakeland, offering convenient access to shopping, dining, major roadways, schools, and everyday amenities, making it an attractive location for tenants and helping support long-term rental demand. Whether you're looking to expand your investment portfolio or secure a multifamily asset, opportunities like this are hard to find. With four occupied units, strong income potential, and a central location, this is an investment you won't want to miss.

2929 Nine Iron Drive, Lakeland

$650,000

9 Beds ⋅ 5 Baths ⋅ Unincorporated SubDv. ⋅ 33810 Zip Code

Great investment opportunity in Lakeland! This fully occupied, income-producing four unit property features a 3 bedroom 2 bath main home and three 2 bedroom 1 bath apartments ideal for generating consistent rental income or on site living in main home and rent the others. Property provides convenient access to shopping, dining, major roadways. A new roof installed in 2024 adds peace of mind and reduces near-term maintenance costs. Whether you're a seasoned investor or just getting started, this multi-unit property offers strong income potential in a growing market. Don’t miss your chance to secure!

2220 N Galloway Road, Lakeland

$399,000

7 Beds ⋅ 5 Baths ⋅ Patterson & Cox Sub SubDv. ⋅ 33815 Zip Code

Don’t miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings: * One duplex with separate electric meters for each unit. * One detached single-family home. Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction. Proposed Redevelopment Plans * Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence. * Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property. The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility. Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.

115 Emma Street, Lakeland

$399,000

4 Beds ⋅ 2 Baths ⋅ Biltmore Park Sub SubDv. ⋅ 33801 Zip Code

Fully renovated income-producing duplex in the heart of Lakeland! This turnkey property features two spacious units, each offering 2 bedrooms, 1 bathroom, and thoughtfully updated finishes throughout. Both units boast brand-new flooring, modern kitchens with granite countertops, new cabinetry, stainless steel appliances, and beautifully remodeled bathrooms featuring new tile and stylish vanities. Fresh interior and exterior paint, a brand-new roof, and dedicated laundry rooms for each unit provide added value and peace of mind. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property is an exceptional opportunity. Conveniently located near shopping, dining, schools, parks, medical facilities, and major roadways, you'll enjoy easy access to everything Lakeland has to offer. Move-in ready and packed with upgrades, this duplex is one you won't want to miss!

621 Hollingsworth Road, Lakeland

$330,000

4 Beds ⋅ 4 Baths ⋅ Crystal Lake Estates SubDv. ⋅ 33801 Zip Code

Attached duplex-style townhome investment opportunity in Lakeland, made up of 1106 and 1108 Country Club Ln being marketed and sold together but on separate lots (and utility meters)! The front porch is covered and a large utility closet near the front door stores water heater, hvac, and space for more! Each side is a 2 bedroom / 2 bath with massive master bedrooms, cozy living rooms, and a spacious layout overall. Each unit has lake views out the back and separate yards with sliding doors leading to decks out the kitchen. Laundry hookups are located upstairs. 1106 Currently tenant occupied through 10/31/2026 and 1108 through 01/31/2027. Total monthly rents currently are $2,840/month with room for growth.

1108 Country Club Lane, Lakeland

$279,000

7 Beds ⋅ 4 Baths ⋅ Roanoke Hills Sub SubDv. ⋅ 33815 Zip Code

Exceptional Investment Opportunity! Two homes on one lot! Fully renovated in 2022. The main home boasts 1480 square feet of comfortable living space featuring an open floor plan with 4 bedrooms and 2 bathrooms. The second home provides 3 bedrooms and 1 1/2 baths and an open living, dining, and kitchen space. Each home enjoys its own private patio space, perfect for relaxing or entertaining. A large, expansive driveway ensures there is plenty of room for parking. Currently used as an Airbnb. Don't miss out on this unique property, call us today.

907 N Wabash Ave, Lakeland

$425,000

3 Beds ⋅ 2 Baths ⋅ Johnsons T H Subdivision SubDv. ⋅ 33801 Zip Code

Prime investment opportunity right in the heart of Lakeland! This duplex features two exceptional units—a spacious 2-bedroom, 1-bath unit and a charming 1-bedroom, 1-bath unit—both thoughtfully updated and move-in ready. Ideally located just minutes from Florida Southern College, Lake Morton, Lake Hollingsworth, and many shopping, dining, and entertainment options, this property offers the best of Lakeland living. Downtown is less than one mile away, allowing residents and guests to enjoy popular local attractions such as First Friday events, the Saturday Farmers Market, and a vibrant downtown scene as easy as a walk, bike ride, or short drive away. Most recently operated as a successful short-term rental, both units are being sold fully furnished and completely outfitted, making this a true turnkey investment opportunity. The property is equally well-suited for long-term rental income or owner-occupancy with supplemental rental revenue. A shared backyard and common outdoor space provide a welcoming area for relaxation and entertaining, while dedicated parking is conveniently located behind the home. Each unit also includes its own storage shed equipped with a washer and dryer. Recent improvements include upgraded flooring, window treatments, appliances, beautifully renovated bathrooms, and a brand-new roof installed in 2025. Adding to the home's charm is the inviting front porch, the perfect place to unwind and enjoy Florida's beautiful weather. Whether you're looking to expand your investment portfolio or secure a owner-occupied income producing opportunity in one of Lakeland's most desirable locations, this duplex is a rare opportunity you won't want to miss.

728 Johnson Ave, Lakeland

$435,000

4 Beds ⋅ 4 Baths ⋅ Johnsons T H Sub SubDv. ⋅ 33801 Zip Code

Rare opportunity in the highly desirable Lake Morton Historic District! This charming 1925 shotgun bungalow/duplex offers the perfect blend of historic character, in-town convenience, and investment potential in one of Lakeland’s most sought-after locations. Live in one side and rent the other—Unit 833 is currently leased through 8/31/2026—making this an ideal owner-occupant, multigenerational, or income-producing opportunity. Ideally situated on a picturesque one-way brick street, this property places you just moments from Lake Morton, Lake Hollingsworth, Florida Southern College, the Lakeland Public Library, The Ashley Gibson Barnett Museum of Art, coffee shops, restaurants, boutique shopping, and all that Downtown Lakeland has to offer. Built in 1925 and offering approximately 1,764 total square feet under the roof (approximately 882 square feet per side), both units feature much of their original charm along with thoughtful updates for modern living. A welcoming rocking-chair front porch sets the tone, while inside each unit offers 2 bedrooms, 2 bathrooms, separate living areas, updated kitchens with white wood cabinetry, granite countertops, stainless steel appliance packages, stackable washers and dryers, ceramic tile flooring throughout for easy maintenance, tankless hot water heaters, and separate utility meters. Unit 835 is considered a 2-bedroom home, with one bedroom lacking a closet, while the second bedroom features a large walk-in closet, private entrance, and updated ensuite bath with walk-in shower—offering flexibility for guests, roommates, or a private home office setup. Additional updates include new A/C systems for both units, a new refrigerator and newer dishwasher in Unit 835, and a new dishwasher in Unit 833. Outdoor spaces are equally inviting, featuring a brick driveway on one side, brick walkway on the other, and a spacious rear brick terrace offering room for seating, entertaining, or open parking, plus a small storage shed and irrigation system. Whether you are looking for a historic in-town residence, investment opportunity, or flexible live/work lifestyle, this unique property delivers location, charm, and versatility. Welcome home! The main house roof is at the end of its useful life and will be replaced by the seller before closing with an acceptable offer.

833/835 Johnson Avenue Unit 833/835, Lakeland

Lakeland Income Properties