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$299,900
6 Beds 4 Baths L4964496 MLS
Great investment opportunity at 1216 Fairway Drive in Lakeland! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each featuring a desirable split-bedroom floorplan designed for privacy and comfortable living. Both units are currently occupied and secured by 12-month leases, providing immediate rental income and stability for the next owner. The property generates $28,890 in annual rental income, making it an excellent addition to an investment portfolio. Unit 1216 had new AC and Water Heater installed in 2025. Located in Lakeland with convenient access to local shopping, dining, schools, employment centers, and major roadways. Whether you're looking to expand your rental portfolio or seeking a property with established tenants and income from day one, this duplex is worth a look.

1216 Fairway Drive, Lakeland

Listing courtesy of ALL COUNTY POLK PROPERTY MANAG. 863-510-5965

$675,000
8 Beds 8 Baths O6434625 MLS
Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appeal, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

1962 Crystal Grove Drive, Lakeland

Listing courtesy of TRUDEALS REALTY CORP. 833-878-3325

$545,000
6 Beds 7 Baths TB8536707 MLS
Attention Investors or someone wanting a beautiful Lakeland property centrally located to downtown and colleges. This 6 bedroom 6 bath pool home sits on an oversized lot and offers all the amenities for a family or for the savvy investor looking for their next opportunity. The thoughtfully designed layout makes the functionality of this home both practical and inviting. The secluded pool provides an oasis to relax and enjoy the Florida lifestyle. Many additional spaces exist to tailor your lifestyle needs in this home The well equipped kitchen to the inviting bedrooms each with a private bath, make this home versatile while maintaining elegance. The yard is completely fenced in for privacy. This home is close to shopping, public transit , Florida Southern University, Lake Hollingsworth and downtown Lakeland.

503 Prado Place, Lakeland

Listing courtesy of ACE REALTY & AUCTION LLC. 813-567-7198

$670,000
16 Beds 16 Baths O6433196 MLS
GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential. The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential. LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences. Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential. 4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.

901 Pennsylvania Avenue, Lakeland

Listing courtesy of LIST-A-HOUSE REALTY, LLC. 954-292-4012

$850,000
8 Beds 4 Baths L4963370 MLS
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

Listing courtesy of EXP REALTY LLC. 888-883-8509

$515,000
6 Beds 3 Baths L4963551 MLS
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

Listing courtesy of REGAL REAL ESTATE LLC. 863-660-7927

$499,000
8 Beds 4 Baths L4963478 MLS
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 in Lakeland, this rare multifamily property includes three occupied units and one vacant unit, providing immediate rental income while offering flexibility to lease the vacant unit at current market rates or occupy it yourself. Each unit features 2 bedrooms, 1 full bathroom, and washer/dryer hookups for added tenant convenience. Both duplexes received new roofs in 2019, helping reduce future maintenance costs. Ideally situated in a central Lakeland location, the property offers easy access to shopping, dining, schools, major roadways, and everyday conveniences, making it highly desirable for tenants and supporting strong long-term rental demand. Whether you're looking to expand your investment portfolio or acquire a well-positioned multifamily asset, opportunities like this are rare. With established rental income, additional upside through the vacant unit, and a prime location, this is an investment you won't want to miss.

2929 Nine Iron Drive, Lakeland

Listing courtesy of ALL COUNTY POLK PROPERTY MANAG. 863-510-5965

$399,000
7 Beds 5 Baths O6421108 MLS
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

Listing courtesy of BLUE LIGHTHOUSE REALTY INC. 786-268-9772

$399,000
4 Beds 2 Baths L4963189 MLS
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

Listing courtesy of LA ROSA REALTY PRESTIGE. 863-940-4850

$330,000
4 Beds 4 Baths TB8522933 MLS
Two townhouse-style homes included! 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

Listing courtesy of WRIGHT DAVIS REAL ESTATE. 813-251-0001

$799,000
L4962690 MLS
Rare 8.70-acre investment and development opportunity in North Lakeland. This unique multi-family property currently includes 3 mobile homes, each with its own electric meter, plus 5 additional home sites already equipped with separate electric service + 2 wells. Whether you're seeking rental income, a multi-generational family compound, or future development potential, this property offers exceptional flexibility. With NO HOA or Deed Restrictions, the property features open pasture areas, a storage shed, ample parking, and plenty of space for RVs, boats, equipment, or livestock. Existing zoning and land use may support a variety of residential, multifamily, or commercial possibilities, subject to county approval and buyer verification. Conveniently located with quick access to I-4, Lakeland, Tampa, Orlando, shopping, dining, healthcare, and major employment centers. The existing mobile homes are in need of substantial renovation or replacement. Private financing or cash offers only. Sold As-Is with the right to inspect.

3146 Mount Tabor Road, Lakeland

Listing courtesy of AMPLIFY REAL ESTATE SERVICES FL. 813-501-5473

$390,000
4 Beds 4 Baths O6410973 MLS
Exceptional investment opportunity — or the perfect way to own your home and have someone else help pay the mortgage! This fully rented duplex in Lakeland, Polk County is generating $3,300/month in gross rental income, delivering strong day one cash flow with room to grow. Each unit features 2 bedrooms and 2 full bathrooms, offering a spacious and desirable floor plan that attracts quality, long term tenants. The fully fenced backyard adds privacy and appeal that keeps vacancy rates low. For the savvy investor, this property delivers an estimated cap rate of approximately 6.5 at the $395,000 asking price — with upside potential as leases renew. For the owner occupant, the opportunity is equally compelling: live in one unit and let the rental income from the other significantly offset your monthly mortgage payment, a true house hack in one of Central Florida's fastest growing rental markets. Whether you're building a portfolio or simply looking for a smarter way to own, this turn key duplex checks every box. Schedule your showing today!

2121 S San Gully Road Unit 14 - 15, Lakeland

Listing courtesy of LIFESTYLE INTERNATIONAL REALTY. 305-809-8085

$540,000
6 Beds 4 Baths TB8512308 MLS
Positioned in the heart of rapidly growing Lakeland, this fully remodeled income-producing duplex at 1134-1136 Gilmore Ave presents an exceptional opportunity for both seasoned investors and owner-occupants looking to offset living expenses with strong rental income potential. Built in 1988 and offering approximately 2,275 total square feet, this multi-family property features two spacious units, each thoughtfully designed with 3 bedrooms and 2 bathrooms — a highly desirable layout rarely found in duplex inventory throughout the area. Recent renovations throughout the property create a modern and attractive living environment with updated kitchens, refreshed bathrooms, stylish finishes, fresh interior paint, upgraded flooring, and bright open-concept living spaces that appeal to today’s tenants and buyers alike. Both units have functional floor plans with abundant natural light, comfortable bedroom sizes, in-unit laundry space, central heating and air conditioning, and private living areas designed for long-term tenant satisfaction and minimal maintenance concerns. Situated on a generous lot in an established neighborhood, the property benefits from convenient access to shopping, dining, parks, schools, medical facilities, and major transportation corridors including nearby access to I-4, making commuting to both Tampa and Orlando easily accessible. The property’s strong rental appeal, modern upgrades, and desirable unit mix make it an ideal addition to any investment portfolio while also providing flexibility for house hacking or multigenerational living. With continued growth throughout the Lakeland market and increasing demand for quality rental housing, this duplex offers immediate cash flow potential along with long-term appreciation upside. Whether you are seeking a stable performing asset, a low-maintenance multifamily investment, or a move-in-ready property with excellent income potential, this beautifully updated duplex checks all the boxes. Opportunities like this are becoming increasingly difficult to find in Central Florida — don’t miss your chance to own a fully renovated duplex with strong tenant appeal in one of Polk County’s fastest growing markets

1134-1136 Gilmore Avenue, Lakeland

Listing courtesy of IMPACT REALTY TAMPA BAY. 813-321-1200

$829,900
6 Beds 6 Baths L4961736 MLS
Brand New Hulbert Homes Duplex – Live in One, Rent the Other! Exceptional opportunity to own a newly constructed Hulbert Homes duplex offering quality craftsmanship, modern design, and outstanding income-producing potential in a highly desirable in-town Lakeland location. Whether you are looking to offset your mortgage with rental income or expand your investment portfolio, this property offers flexibility, functionality, and long-term value. Each spacious two-story unit offers approximately 1,808 heated square feet with thoughtfully designed layouts and stylish finishes throughout. While each side features a slightly different floorplan, both offer an open and inviting design perfect for everyday living and entertaining. The first floor showcases a spacious great room and dining area with soaring 10-foot ceilings, creating a light, bright, and open feel. The kitchens are designed with both style and function in mind, featuring large center islands, stainless steel appliance packages, quartz countertops, abundant cabinetry, walk-in pantries, and convenient access to the inside laundry room. A downstairs powder bath and covered lanai add additional comfort and convenience. All bedrooms are privately located upstairs, including spacious owner’s suites featuring walk-in closets, double sink vanities with quartz countertops, private water closets, and walk-in showers. Hulbert Homes’ signature quality craftsmanship and attention to detail are evident throughout both residences. Enjoy the peace of mind and energy efficiency that comes with new construction, along with low-maintenance living and excellent rental potential. Live in one side while generating income from the other, or lease both units for maximum return. Ideally located near Downtown Lakeland, residents can enjoy easy access to local lakes, parks, recreational areas, shopping, dining, and everything Lakeland has to offer. Conveniently located near Florida Southern College and Southeastern University, with quick access throughout

1031 E Lime Street, Lakeland

Listing courtesy of EXP REALTY LLC. 888-883-8509

$360,000
4 Beds 2 Baths O6405508 MLS
Investment Opportunity – Income-Producing Duplex in the Heart of Lakeland This fully occupied, cash flowing duplex is the turnkey investment you've been waiting for. Located just minutes from vibrant downtown Lakeland, this well-maintained property delivers immediate rental income from day one — no vacancy headaches, no waiting period. Each unit features 2 bedrooms and 1 bathroom, attracting quality tenants and offering strong rental demand in one of Central Florida's fastest-growing markets. Recent updates include a new roof (2022), new flooring, and fresh paint, meaning the heavy lifting is already done. Whether you're a seasoned investor looking to strengthen your portfolio or a first time buyer ready to start building wealth through real estate, this duplex checks every box. The numbers work, the tenants are in place, and the updates are already in. Lakeland's continued growth and proximity to major employment corridors make this a smart, long term hold and a property that will be hard to replace at this price point. Don't let this one slip away. Schedule your showing today!

101 Lake Hunter Drive Unit 15 & 16, Lakeland

Listing courtesy of LIFESTYLE INTERNATIONAL REALTY. 305-809-8085

$303,900
4 Beds 4 Baths L4961126 MLS
Lake View Investor Special – Full Rehab Opportunity! Duplex property (both sides) ready for renovation and priced accordingly. This is a true value-add opportunity for investors looking to bring a property back to life and maximize rental income or resale potential. Property is vacant and will require a full renovation, making it ideal for experienced investors or contractors seeking their next project. Strong rental demand in the area supports long-term income potential once improvements are completed. Conveniently located near shopping, dining, and major roadways, with easy access to downtown Lakeland. Bring your vision and unlock the potential this property has to offer.

1047 / 1049 Captiva Point, Lakeland

Listing courtesy of EXP REALTY LLC. 888-883-8509

$325,000
6 Beds 3 Baths L4960619 MLS
Turnkey multi-unit investment with $2,800+ monthly income—two homes on one lot in a prime Lakeland location. Welcome to 2249 & 2253 Golfview Street, a rare income-producing property in Lakeland featuring two separate residences on one spacious, fully fenced lot. This is an ideal opportunity for investors seeking strong cash flow, long-term tenant stability, and a prime Central Florida location. The first residence at 2249 Golfview Street is a well-maintained 3-bedroom, 2-bath mobile home offering approximately 1,224 square feet of living space, complete with updated flooring throughout. The second residence at 2253 Golfview Street is a 3-bedroom, 1-bath wood frame home with approximately 858 square feet, along with an additional outbuilding that provides excellent potential for storage, workshop use, or flex space. Both units are currently tenant-occupied with long-term renters in place, providing immediate and consistent rental income. Combined rental income is approximately $2,830 per month, making this property well-suited for investors utilizing DSCR (Debt Service Coverage Ratio) financing or those looking to expand their rental portfolio with a stabilized, income-generating asset. The dual-residence layout offers diversified income streams and helps reduce vacancy risk. The large fenced-in lot adds significant value, offering privacy, flexibility, and functional outdoor space for tenants. With two separate homes on one parcel, this property presents a unique opportunity for multi-unit investment in one of Central Florida’s fastest-growing areas. Ideally located in Lakeland, this property offers convenient access to I-4, making commuting to Tampa and Orlando seamless. It is just minutes from downtown Lakeland, Lakeland Linder International Airport, shopping, dining, medical facilities, and local colleges including Florida Southern College and Southeastern University. Whether you are searching for a Lakeland investment property, duplex-style rental, multi-unit income property, or a high-performing addition to your Central Florida real estate portfolio, this opportunity delivers immediate cash flow with long-term upside potential.

2253 & 2249 Golfview Street, Lakeland

Listing courtesy of REMAX EXPERTS. adockery@remax.net

$259,000
4 Beds 4 Baths O6393024 MLS
This investment or starter property is available for purchase in its current (AS-IS) condition. It is a duplex located within the Secret Cove subdivision, conveniently positioned near Reynolds Road. The front unit offers two bedrooms and two bathrooms, while the rear unit provides two bedrooms and one-and-a-half bathrooms. Utility costs, including electricity and water, are the responsibility of the tenants. Currently, the front unit is occupied by a long-term tenant on a month-to-month lease, whereas the rear unit is vacant. Notable improvements include a new roof installed in March 2021 and both air conditioning systems replaced approximately six years ago. Both units feature fully tiled interiors for ease of maintenance. For further information or to arrange a viewing, please contact us, thank you.

1050 Captiva Point, Lakeland

Listing courtesy of HOMESTEAD REALTY INC. 407-367-4201

$365,000
4 Beds 4 Baths L4960315 MLS
Under contract-accepting backup offers. Excellent investment opportunity in the heart of Lakeland! This income-producing quadraplex at 602 Emma St features four separate 1-bedroom, 1-bathroom units, ideal for generating consistent rental income or expanding your portfolio. 1 unit is currently vacant, offering flexibility for an owner occupant situation. Each unit offers a functional layout, appealing to a wide range of tenants. Situated in a central Lakeland location, the property provides convenient access to shopping, dining, major roadways, and local amenities, making it attractive for long-term renters. A newer roof installed in 2021 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 a solid asset in a prime location!

602 Emma Street, Lakeland

Listing courtesy of ALL COUNTY POLK PROPERTY MANAG. 863-510-5965

$299,900
5 Beds 3 Baths L4959533 MLS
One or more photo(s) has been virtually staged. Amazing investment opportunity on an oversized 0.57-acre lot featuring two homes on one property, both currently tenant occupied and offering immediate income potential. The main home offers 3 bedrooms, 2 bathrooms plus a large bonus room that can easily serve as a fourth bedroom, dining space, home office, or additional living area. The home features hard flooring and tile, providing easy maintenance and durability. The spacious layout allows for plenty of natural light, while the large yard offers ample space for outdoor enjoyment. Located behind the main home is a separate 2-bedroom, 1-bath guest cottage with its own kitchen and separate driveway access, offering privacy for both residences. This additional unit adds excellent flexibility for long-term rental income or multi-generational living options. Situated just minutes from I-4 and Highway 92, this property offers convenient access to downtown Lakeland, shopping, dining, and major Central Florida destinations. Whether you're looking to expand your investment portfolio or secure a property with multiple income streams, this versatile property presents a rare opportunity.

3221 & 3225 Crutchfield Road, Lakeland

Listing courtesy of REMAX EXPERTS. adockery@remax.net

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