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$220,000
3 Beds 3 Baths Alberta Park Annex Replat SubDv. 33823 Zip Code
Virtually Staged. INVESTMENT OPPORTUNITY IN AUBURNDALE! Income-producing duplex located at 229 McKean Street, just minutes from Downtown Auburndale. Each unit features 1 bedroom, 1 bathroom, and dedicated storage space, with estimated market rents of approximately $950/month per unit, offering potential gross rental income of approximately $1,900/month or $22,800 annually. Major improvements include a BRAND-NEW ROOF, updated electrical systems, and A/C systems approximately 3 to 4 years old, along with additional property upgrades, helping reduce some of the larger upfront expenses for a new owner. Conveniently located near Lake Myrtle Sports Park, the Auburndale/TECO Trail, Lake Ariana Park, with easy access to Winter Haven, Lakeland, and surrounding Central Florida communities. Whether you’re looking to add a multifamily property to your portfolio or secure an investment with income potential from two units, this Auburndale duplex is worth a look. Schedule your showing today!

229 Mckean Street, Auburndale

$605,575
8 Beds 8 Baths Lake Hart Estates SubDv. 33823 Zip Code
Solid block fourplex in Auburndale (Lake Hart Estates) offering strong current cash flow and clear value-add upside. With lake views in front of Lake Ariana and in Flood Zone X. 4 units, each 2 bed / 1 full + 1 half bath, totaling 4,352 sq ft. Currently fully occupied with total gross rents of $5,300/month ($63,000 annually). Current leases: • Unit 201 – $1,350 – expires 11/30/26 • Unit 205 – $1,300 – expires 9/1/27 • Unit 209 – $1,300 – expires 4/30/27 • Unit 213 – $1,350 – expires 5/31/27 Tenants pay all utilities. 2025 taxes: $5,982 | Insurance: $5,910 | Lawn: $80/mo. Rents are slightly below market, providing upside potential with unit updates. Solid brick construction, new development next door, and desirable location. Showing Instructions: 48-hour notice required. Property is fully occupied. Please coordinate all showings in advance.

201 Century Boulevard Unit A, Auburndale

$750,000
12 Beds 12 Baths Tropical Acres SubDv. 33823 Zip Code
Exceptional opportunity to acquire a fully occupied six-unit multifamily investment consisting of 3 duplex buildings situated on approximately 0.40 acres in a high-demand growth corridor just off US-92. The property features all 2-bedroom, 2-bathroom units with newly updated interiors and new roofs, offering investors a turnkey asset with strong rental appeal and reduced near-term capital expenses. The property is fully occupied with long-term leased tenants in place, providing immediate and stable cash flow. Currently generating $6,600/month in rental income. Efficient operations with separately metered utilities, allowing tenants to pay all utilities directly and helping minimize landlord expenses. Each unit also features its own fully fenced private yard along with washer and dryer hookups, adding convenience, privacy, and increased tenant appeal. Strategically located only 1.5 miles from the US-92/FL-570 interchange with exposure to over 57,300 combined vehicles/ day, the property is surrounded by major national retailers and dining destinations including Walmart Supercenter, Lowe’s, ALDI, Publix, Chili’s, McDonald’s, and more. With 3 duplex buildings, recent capital improvements, updated interiors, long-term tenants, and a prime location in an expanding retail and residential corridor, this property presents an outstanding investment opportunity for buyers seeking stable income, low-maintenance ownership, and long-term appreciation potential.

3011 Ernest Drive, Auburndale