Lakeland FL Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
255.00
MLS#:
L4947741
Subdivision:
Highway Heights

ADDITIONAL INFORMATION

Investment opportunity! This Property has 3 total units with huge upside potential. Two out of the 3 units are currently rentals making this a great buy and hold option. The Main home offers 2 bedrooms and 1 large bathroom. It also has a large living open kitchen, and bonus room in the back of the house. The second home is located behind the main house and has 1 bedroom and 1 bath. The other unit on the property is the biggest asset, situated to the left of the main house, the 3rd home is completely empty and in need of a rehab. This is a great opportunity to add tons to future value. This property is located close to downtown Lakeland, shopping, medical facilities, and makes for an easy commute being just minutes to I-4. Don’t miss out on this amazing multifamily investment.

Type:
Duplex
Sq.Ft.:
4,788
Status:
Active
Beds:
n/a
Year built:
1923
Baths:
MLS#:
O6241812
Subdivision:
Bowyers Sub

ADDITIONAL INFORMATION

This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1925
Baths:
2.00
MLS#:
TB8302872
Subdivision:
Dixieland Pb 1 Pg 67 Lettered

ADDITIONAL INFORMATION

Historic home in Dixieland area just a few blocks from South Florida Ave in beautiful Lakeland, Florida. Two story home is made with Florida brick and features awnings, upstairs and downstairs with covered screened porches facing other well maintained historic homes. Newly painted exterior pops blue against the white awnings and is currently used as 2 apartments with 2 bedrooms, 1 bath each. Apartments have original hardwood flooring in bedrooms, living dining combo and a brick wood burning fireplace in the living/dining area. The kitchen and bathroom have been redone with tile flooring, new kitchen cabinets and has gas stove and water heater, fixtures and tub in bathroom were also redone. Downstairs currently has a tenant and upstairs is vacant. Plumbing and electric was redone in 2022-23 and a/c heat units were added in the living/dining area (21.7 feet by 13 feet). Upstairs feature attic storage with stairs. The enclosed screened porches were rescreened and updated as well. The lot is large (135 deep by 75 feet wide). An alley runs the entire length of the rear of Lenox St with access from New York Ave to the rear of the building featuring ample parking and a large storage shed. The front facing Lenox has a driveway and a covered car port.

Type:
Fourplex
Sq.Ft.:
3,139
Status:
Active
Beds:
n/a
Year built:
1926
Baths:
MLS#:
B4901715
Subdivision:
Parkhill Add

ADDITIONAL INFORMATION

Welcome to 724, 726, 728/730 Park Hill - your gateway to historical charm and modern comfort! Nestled in the heart of the historical district, this property boasts three separate buildings with a total of four distinct units, each offering its own unique allure. Let's begin with 724 Park Hill, where two spacious bedrooms await, complemented by a refreshing bath. Step onto the screened porch and savor the tranquility of the surrounding landscape. And with a generous yard, there's ample space for outdoor enjoyment. Next door at 726 Park Hill, discover another gem featuring two inviting bedrooms and a well-appointed bath complete with a separate shower and shower/tub combination. Then, journey to 728/730 Park Hill, where a single-family home has been thoughtfully divided into two separate 1-bedroom, 1-bath apartments. Whether you're seeking privacy or convenience, these units offer a cozy retreat to call your own. All units provide easy alley access, ensuring hassle-free parking and entry. Immerse yourself in the beauty of the lush tree-lined streets, just a leisurely stroll away from the serene shores of Lake Morton. And with downtown shopping, dining, parks, and bike trails within walking distance, every convenience is at your fingertips. Don't miss this opportunity to experience the historic charm at 724, 726, 728/730 Park Hill. Schedule your viewing today and make your dream of refined living a reality!

Type:
Duplex
Sq.Ft.:
1,526
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
P4931890
Subdivision:
Lake Parker Terrace Sub

ADDITIONAL INFORMATION

One or more photo(s) has been virtually staged. Welcome to this inviting duplex located in a fantastic area, just minutes from Lakeland and convenient shopping options. This home features high ceilings and an open-concept design that creates a spacious, airy feel throughout. Perfect for both relaxation and entertaining, each unit offers comfortable living spaces filled with natural light. The layout is designed for modern living, making it easy to enjoy everyday life. Whether you’re an investor looking for a rental opportunity or a homeowner seeking a multi-generational living space, this duplex is a must-see. Don’t miss your chance to own this property in a great location—schedule a showing today!

Type:
Duplex
Sq.Ft.:
1,854
Status:
Active
Beds:
n/a
Year built:
1984
Baths:
MLS#:
L4947161
Subdivision:
Lake Beulah Heights Div 02

ADDITIONAL INFORMATION

Investment opportunity. Great potential on duplex. Unit A is tenant-occupied property currently rented for $1000.00/month on a month-to-month basis. Unit B is currently vacant. The property needs some work, but its location close Bonnet Springs Park and five minutes drive from downtown offers promising upside for future rental income or resale. Ideal for investors looking to add value in a growing area! In addition to this property 1136 Sycamore St MLS#L4947161, Seller also selling 1118 W Lime St MLS#L4947163, 1115 W Lime St MLS# L4947162, 1114 W Lime St MLS #L4947164 Seller willing to accept bundle offers including all properties, tenant occupied, no do disturb.

Type:
Duplex
Sq.Ft.:
2,500
Status:
Active
Beds:
4
Year built:
1980
Baths:
3.00
MLS#:
L4946436
Subdivision:
Acreage

ADDITIONAL INFORMATION

Welcome to 1318 Fairway Dr, a well-maintained duplex in the heart of Lakeland, FL. This property offers a fantastic investment opportunity with both units currently occupied by long-term tenants who are eager to stay. Each unit features spacious layouts that provide a comfortable living environment. The property generates great rental income, making it a solid addition to any investment portfolio. Located in a desirable community, the duplex is surrounded by convenient amenities including shopping centers, restaurants, and parks. The area is known for its excellent schools and friendly neighborhoods, making it attractive to a variety of tenants. The exterior of the property is well-kept with ample parking. New water heater, new roof 2016, new HVAC 2022, new flooring and cabinets in unit B. This duplex is a perfect opportunity for investors looking to capitalize on a property with stable, long-term tenants and great potential for future growth. Don’t miss out on this chance to own a valuable income-generating property in a prime location.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
U8250359
Subdivision:
Acreage

ADDITIONAL INFORMATION

CASH COW HERE! This incredible FULLY OCCUPIED INCOME PRODUCING PROPERTY is a must-see! With a fantastic 9.98% CAP RATE and 14.15% CASH ON CASH RETURN, this asset offers a reliable source of PASSIVE INCOME for savvy investors. OFFERING MEMORANDUM AVAILABLE VIA EMAIL. FINANCING PACKAGE AVAILABLE for the new buyer. The property consists of a wonderful 3-bedroom SINGLE FAMILY HOME and an attached 3-unit TRIPLEX, providing an excellent potential for substantial revenue. The entire property has undergone a COMPLETE RENOVATION and boasts NEW KITCHENS AND BATHROOMS, a NEW ROOF and NEW SEPTIC TANK, providing ultimate peace of mind for the owner. The ample parking space available on the property is another great feature, making it easy for tenants and guests to have a convenient parking experience. If you're in search of a TURN-KEY investment opportunity, look no further than this exceptional property. Schedule a viewing today and take the first step towards making a wise investment choice!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
L4946108
Subdivision:
Dixieland Rev

ADDITIONAL INFORMATION

This updated duplex is ready for its next buyer to begin their real estate portfolio. This duplex includes two renovated and immaculate living spaces: one side is a 2 bedroom, 1 bathroom and the other side is a 1 bedroom, 1 bathroom home with a current established renter. This makes this property income producing on day 1. Both sides of the duplex have their own indoor laundry rooms with brand new washers and dryers that are staying with the property, stainless steel appliances, updated cabinets and tile backsplash in the kitchens, and fully renovated bathrooms. This property is truly move-in-ready. Have an investment property while you live on the 2 bedroom 1 bathroom side as your primary residence, or purchase the home as an investment and rent both sides. This home has all new windows (2024), updated electric (2024), and also an updated metal roof (2023). The house carries a current termite bond which is transferable to the new owners. Call today for a showing.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1980
Baths:
2.00
MLS#:
L4945939
Subdivision:
Chestnut Woods Sub

ADDITIONAL INFORMATION

EXCELLENT INVESTMENT OPPORTUNITY, CASH FLOW PROPERTY, RENTED AT COMPATIBLE MARKET VALUE.. this 2 bedroom 1 bath duplex building is conveniently located close to schools, shopping area, distribution warehouses, and easy access to I4, located on a dead end street making this neighborhood quite and with very low motorized traffic. Units feature, carport, tile floors, nice size inside laundry room, cozy kitchen, split bedrooms and large living room. Live in one and rent the other or rent both, either way, great income source.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1980
Baths:
2.00
MLS#:
L4945937
Subdivision:
Chestnut Woods Sub

ADDITIONAL INFORMATION

EXCELLENT INVESTMENT OPPORTUNITY, CASH FLOW PROPERTY, RENTED AT COMPATIBLE MARKET VALUE.. this 2 bedroom 1 bath duplex building is conveniently located close to schools, shopping area, distribution warehouses, and easy access to I4, located on a dead end street making this neighborhood quite and with very low motorized traffic. Units feature, carport, tile floors, nice size inside laundry room, cozy kitchen, split bedrooms and large living room. Live in one and rent the other or rent both, either way, great income source.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1980
Baths:
2.00
MLS#:
L4945935
Subdivision:
Chestnut Woods Sub

ADDITIONAL INFORMATION

EXCELLENT INVESTMENT OPPORTUNITY, CASH FLOW PROPERTY, RENTED AT COMPATIBLE MARKET VALUE.. this 2 bedroom 1 bath duplex building is conveniently located close to schools, shopping area, distribution warehouses, and easy access to I4, located on a dead end street making this neighborhood quite and with very low motorized traffic. Units feature, carport, tile floors, nice size inside laundry room, cozy kitchen, split bedrooms and large living room. Live in one and rent the other or rent both, either way, great income source.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1980
Baths:
2.00
MLS#:
L4945934
Subdivision:
Chestnut Woods Sub

ADDITIONAL INFORMATION

EXCELLENT INVESTMENT OPPORTUNITY, CASH FLOW PROPERTY, RENTED AT COMPATIBLE MARKET VALUE.. this 2 bedroom 1 bath duplex building is conveniently located close to schools, shopping area, distribution warehouses, and easy access to I4, located on a dead end street making this neighborhood quite and with very low motorized traffic. Units feature, carport, tile floors, nice size inside laundry room, cozy kitchen, split bedrooms and large living room. Live in one and rent the other or rent both, either way, great income source.

Type:
Fourplex
Sq.Ft.:
3,720
Status:
Active
Beds:
8
Year built:
1925
Baths:
4.00
MLS#:
A4615822
Subdivision:
Winfree Sub

ADDITIONAL INFORMATION

PRICE REDUCED: Rare Lake Morton investment opportunity! If you're looking to add to your investment portfolio or perhaps become a first-time investor, this established Quadplex is the perfect opportunity to own a piece of Lakeland’s history. Built in 1925, this 4 plex features 2 bedrooms and 1 bath units and approximately 930 sq/ft. Packed with charm and nostalgia, the units have original hardwood flooring, solid wood doors, french doors, and large windows that let in tons of natural light, washers and dryers in each unit, and some units have a sunroom and a skylight! Lovingly owned by the same owners for 50 years, it is time to turn the page to the next chapter and allow the next owners to create their own vision with this timeless gem. Nestled in the Lake Morton Historic District, just steps from Florida Southern College, Library, Museum, quaint restaurants, beautiful Lake Morton, and all that downtown Lakeland bringsThis property could even the next area’s Airbnb or upscale professional housing, the possibilities are endless. Properties in this desirable area rarely come on the market, so don’t delay…contact us today for more details and a private showing.

Type:
Duplex
Sq.Ft.:
1,870
Status:
Active
Beds:
3
Year built:
1950
Baths:
2.00
MLS#:
O6215447
Subdivision:
Biltmore Park Sub

ADDITIONAL INFORMATION

This nice duplex is located in the highly desirable Biltmore District located in the heart of the beautiful city of Lakeland. One unit is a 2 bedroom/1 bath, and the other unit is a 1 bedroom/1 bath. Both have a carport; one is attached and the other detached with a communal laundry room. Both units are occupied. Excellent location just blocks away from nice eateries, restaurants, schools, and Harrison Fine Arts. Close proximity to Lake Hollingsworth, downtown, parks, shopping and medical centers. This is a splendid opportunity to own an investment property with immediate cash flow with current leases on both units. Call today for a showing!!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
13
Year built:
1922
Baths:
6.00
MLS#:
T3533001
Subdivision:
Dixieland Rev

ADDITIONAL INFORMATION

This property is located in the city limits and within the historic district of Lakeland, FL. The property offers a unique opportunity with three separate buildings: one single-family home (3/2) and two multi-family units. One building has two 2 bedroom/1 bathroom units and the second has two 3 bedroom/1 bathroom units. These properties are being sold as is and currently have tenants in place. The property offers easy access to local amenities, schools, shopping centers and recreational facilities. The neighborhood and friendly community make it an ideal place to call home or to invest in.

Type:
Duplex
Sq.Ft.:
5,196
Status:
Active
Beds:
n/a
Year built:
2007
Baths:
MLS#:
L4944796
Subdivision:
Mortons Add

ADDITIONAL INFORMATION

2 Units - upstairs is 3BR, 3.5 baths. Downstairs is 2BR, 2.5 baths. Downstairs has a covered porch and upstairs a balcony with views of Hollis Gardens and Lake Mirror. Energy efficient windows, metal roof, and tankless water heaters. Exterior walls are Hardie Board siding. Downstairs has gas range, upstairs has electric range. Located in East Lake Morton Historic District and in Garden District.

Type:
Duplex
Sq.Ft.:
3,626
Status:
Active
Beds:
8
Year built:
1980
Baths:
4.00
MLS#:
L4944371
Subdivision:
Albert Park Add

ADDITIONAL INFORMATION

Two 2BR 1 bath duplexes with washer/dryer hook ups.

Type:
Duplex
Sq.Ft.:
1,700
Status:
Active
Beds:
4
Year built:
1981
Baths:
2.00
MLS#:
L4944316
Subdivision:
Westgate Sub

ADDITIONAL INFORMATION

Duplex with two 2BR 1 bath units with washer and dryer hookups. Freshly painted exterior

Type:
Duplex
Sq.Ft.:
5,227
Status:
Active
Beds:
2
Year built:
1978
Baths:
2.00
MLS#:
T3509184

ADDITIONAL INFORMATION

Seize this fantastic opportunity with a high-potential duplex, already generating income. Situated in a thriving market with rising property values and strong rental demand, this property is a smart addition to your portfolio. With reliable tenants in place, you can start earning immediately. The freedom of no HOA restrictions gives you more control over your investment. Located near major highways, shopping, and dining, this duplex is ideally positioned to attract long-term tenants. A bit of cosmetic work can significantly increase its value and appeal, maximizing your return on investment. The Lakeland area is experiencing a surge in growth and development, making this the perfect time to invest.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Year built:
1926
Baths:
12.00
MLS#:
L4935516
Subdivision:
Winfree Sub

ADDITIONAL INFORMATION

Welcome to your new multifamily apartment investment opportunity in the Lake Morton Historic District! This stunning 12 unit apartment building has been completely remodeled in the North Building and partially remodeled in the South Building. As a contributing building in the historic district, the Mediterranean Revival architecture is sure to impress. You'll love the classic charm and character of the building, which has been carefully restored to maintain its historic integrity. Inside, each unit has been fully renovated to provide modern conveniences and comfortable living. From the brand new appliances to the updated fixtures, you'll love the attention to detail throughout. The building also features an on-site laundry facility, making it easy and convenient for tenants to keep their wardrobe fresh and clean. And with a spacious courtyard, tenants will have plenty of room to enjoy the beautiful Florida weather and relax in a peaceful outdoor setting. This is a rare investment opportunity to own a beautifully restored historic building in the heart of Lakeland. Don't miss out on the chance to add this wonderful multifamily apartment to your investment portfolio!

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Hwy 121 Bypass, Suite 100, Lewisville, TX 75067

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2024, My Florida Regional MLS DBA Stellar MLS.



Lakeland Real Estate

The median home value in Lakeland, FL is $314,950. This is higher than the county median home value of $178,100. The national median home value is $219,700. The average price of homes sold in Lakeland, FL is $314,950. Approximately 46.13% of Lakeland homes are owned, compared to 35.79% rented, while 18.09% are vacant. Lakeland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lakeland real estate agent to arrange a tour today!

Lakeland, Florida has a population of 104,165. Lakeland is less family-centric than the surrounding county with 23.01% of the households containing married families with children. The county average for households married with children is 25.22%.

The median household income in Lakeland, Florida is $42,033. The median household income for the surrounding county is $45,988 compared to the national median of $57,652. The median age of people living in Lakeland is 41.3 years.

Lakeland Weather

The average high temperature in July is 92.5 degrees, with an average low temperature in January of 49.9 degrees. The average rainfall is approximately 52.2 inches per year, with 0 inches of snow per year.

Lakeland Real Estate Market Conditions

  • Median sales price

    $314,950
    9.78% change since last quarter
  • # Active listings

    1,146
    30-day change

Lakeland Schools and Demographics

Education near Lakeland, FL

Metric City County
High School Graduates 88.39 84.29
College Degree - 2 year 9.31 8.41
College Degree - 4 year 25.84 19.48
Graduate Degree 6.92 4.96
Expenditures per Student 9,657 9,704
Students per Teacher 15.1 15.7

Elementary Schools near Lakeland, FL

School Grades Students P/T Ratio ZIP
Achievement Academy PK - PK 157 6.5 33805
Carlton Palmore Elementary School PK - 05 528 14.7 33803
Cleveland Court Elementary School KG - 05 384 15.4 33803
Combee Elementary School PK - 05 712 14.2 33801
Crystal Lake Elementary School PK - 05 600 14.3 33801
Dixieland Elementary School PK - 05 460 14.4 33803
Dr. NE Roberts Elementary School PK - 05 661 14.1 33810
Edgar L. Padgett Elementary PK - 05 547 16.6 33809
Griffin Elementary School PK - 05 476 16.4 33810
Highland City Elementary School PK - 05 428 13.8 33846
Highlands Grove Elementary School PK - 05 731 16.6 33813
James W. Sikes Elementary School PK - 05 873 15.1 33811
Jesse Keen Elementary School PK - 05 644 13.7 33815
Kathleen Elementary School PK - 05 555 17.3 33810
Lakeland Montessori School House PK - 06 74 9.3 33805
Lincoln Avenue Academy KG - 05 584 15 33805
Magnolia Montessori Academy KG - 06 92 15.3 33803
McKeel Elementary Academy KG - 06 570 16.8 33801
Medulla Elementary School PK - 05 635 15.9 33813
North Lakeland Elementary School of Choice PK - 05 750 15.6 33805
Oscar J. Pope Elementary School PK - 05 487 11.3 33801
Philip O'Brien Elementary School PK - 05 583 13.6 33801
R. Bruce Wagner Elementary School PK - 05 817 14.1 33811
R. Clem Churchwell Elementary School PK - 05 627 16.1 33810
Rochelle School of the Arts PK - 08 824 15.3 33805
Rosabelle W. Blake Academy PK - 08 729 14.9 33815
Scott Lake Elementary School PK - 05 771 14.8 33813
Sleepy Hill Elementary School PK - 05 675 15 33810
Socrum Elementary School PK - 05 628 16.1 33810
South McKeel Academy PK - 08 1,167 16.7 33803
Southwest Elementary School PK - 05 479 14.1 33803
Valleyview Elementary School PK - 05 726 16.1 33813
Wendell Watson Elementary School PK - 05 741 15.8 33809
Winston Academy of Engineering PK - 05 448 13.2 33810

Middle Schools near Lakeland, FL

School Grades Students P/T Ratio ZIP
Crystal Lake Middle School 06 - 08 942 15.4 33801
Kathleen Middle School 06 - 08 764 18.2 33810
Lake Gibson Middle School 06 - 08 1,130 16.6 33809
Lakeland Highlands Middle School 06 - 08 1,217 18.4 33813
Lakeland Montessori Middle School 06 - 08 61 15.3 33801
Lawton Chiles Middle Academy 06 - 08 660 17.4 33801
Sleepy Hill Middle School 06 - 08 816 16.3 33810
Southwest Middle School 06 - 08 852 16.4 33803

High Schools near Lakeland, FL

School Grades Students P/T Ratio ZIP
George W. Jenkins Senior High 09 - 12 2,319 20 33813
Kathleen Senior High School 09 - 12 2,124 19.9 33815
Lake Gibson Senior High School 09 - 12 1,834 19.9 33809
Lakeland Senior High School 09 - 12 2,139 18.3 33801
Polk State Lakeland Gateway To College Charter High School 11 - 12 121 60.5 33803
Tenoroc High School 09 - 12 1,170 16.3 33801

Ungraded Schools near Lakeland, FL

School Grades Students P/T Ratio ZIP
* Maynard A. Traviss Career Center 08 - 12 243 4 33803
Bill Duncan Opportunity Center 06 - 12 169 12.1 33803
Doris A. Sanders Learning Center PK - 12 88 5.2 33801
ESE Countywide KG - 12 81 8.1 33801
McKeel Academy of Technology 06 - 12 1,166 16.2 33815
Pace Center for Girls 06 - 12 45 7.5 33815
Polk Full Time Eschool KG - 12 104 33801
Polk Virtual Franchise 06 - 12 0 33801
Polk Virtual Instruction (Course Offerings) PK - 12 0 33801
Polk Virtual Instruction Program KG - 12 43 131 33801
West Area Adult/Community School AE - AE 0 33815

Demographics near Lakeland, FL

Metric City County
Neighborhood Type Suburban
Population 104,165 652,256
Population Density 1,575 363
Median Age 41.3 40.4
People per Household 2.5 2.8
Median Household Income 42,033 45,988
Average Income per Capita 24,480 22,579