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Bartow Duplex Investment Opportunity

1040 AUSTIN STREET Bartow, FL 33830

Claim this Listing
For Sale
$410,000

Duplex - BARTOW, FL

Type:Duplex
Property size:
2,450 SF
Lot size:
0.12 Acres
Price / SF:
$167/SF
Added:
Feb 17, 2026
Days on Market:
146
Last Refresh:
Jul 13 at 1:06 am

Property Features for 1040 AUSTIN STREET

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
6
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Interior features
Ceiling Fans(s), Primary Bedroom Main Floor
Appliances
Range, Refrigerator
Standard status
Active
APN
25-30-06-387500-001040
Size
2,450 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3712

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
2007
Number of units
2
Building materials
Block
Roof type
Shingle
Architectural style
Other

Listing agent Casandra Vann License #3078575

Listing office KELLER WILLIAMS REALTY SMART 218 E. Pine Street, Lakeland, FL

Listing date Feb 17, 2026

MLS# L4959484 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex, located in Bartow, Florida, offers an investment opportunity with convenient access to shopping, dining, and major roadways. Each of the two units features 3 bedrooms and 2 bathrooms. The property has tile flooring throughout and includes inside laundry. The property is zoned R-2. The building size is 2450 square feet and the lot size is 0.12 acres. The property can be rented for cash flow, or the owner can live on one side and rent the other. Another duplex is available next door at 1060 W Austin, presenting the opportunity to own a total of four units.

Key Highlights

  • Duplex: Great opportunity for cash flow or owner‑occupancy!
  • Each unit features 3 bedrooms and 2 bathrooms.
  • Convenient Bartow location with easy access to amenities and major roadways.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $39.7k $16.20
− Vacancy −$2.6k −$1.05
EGI $37.1k $15.15
− OpEx −$11.1k −$4.54
NOI $26.0k $10.60
2,450 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$371.1K
$324.7K – $433.0K (±1% cap)
NOI $25,977 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$331.5K
$290.1K – $386.8K (±1% cap)
NOI $23,206 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$588.8K
$515.2K – $686.9K (±1% cap)
NOI $41,213 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom Pet Grooming Service Bakery Acupuncture Garden Center Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex in Bartow, FL with 3 beds and 2 baths.
Where is this duplex located?
The property is located at 1040 AUSTIN STREET Bartow, FL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Duplex: Great opportunity for cash flow or owner‑occupancy!; Each unit features 3 bedrooms and 2 bathrooms.; Convenient Bartow location with easy access to amenities and major roadways.
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