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1201 BUDDWOOD ROAD Lakeland, FL 33801

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$550,000

Quadruplex - LAKELAND, FL

Type:Quadruplex
Property size:
3,364 SF
Lot size:
0.38 Acres
Added:
Apr 16, 2026
Days on Market:
3
Last Refresh:
Apr 18 at 11:06 am

Property Features for 1201 BUDDWOOD ROAD

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RB-1
Bedrooms
8
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Interior features
Eat-in Kitchen
Standard status
Active
APN
24-28-17-193500-004240
Size
3,364 SF
Lot size
0.38 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3777.38

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1976
Number of units
4
Building materials
Block, Brick
Roof type
Shingle
Architectural style
Other

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Listing Contact
Tyler Gibson LLC
Tyler Gibson LLC

Listing agent Tyler Gibson LLC License #3454664

Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

Listing date Apr 16, 2026

MLS# O6399970 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.


Overview

Lakeland Quadruplex Investment Opportunity

This quadruplex investment opportunity is located at 1201 Buddwood Rd in Lakeland. Constructed in 1976 and updated in 2021, the property offers approximately 3,364 square feet of total living area across four units, situated on a 16,679 square foot lot (0.38 acres). The property features a functional layout, with three of the four units currently occupied, providing immediate income with additional upside potential. Each unit offers a practical floor plan with private entrances, natural light, and efficient living spaces designed for tenant use. The configuration supports consistent occupancy and straightforward management, making it suitable for both experienced and entry level investors. There is opportunity to increase revenue through lease adjustments, interior improvements, or stabilization of the remaining unit. The property is located in an established Lakeland area with convenient access to Highway 98 and surrounding roadways, providing connectivity to employment centers, shopping, dining, and everyday services. The location supports steady rental demand and long term tenant retention. This asset presents a strong foundation for cash flow with value add potential and is suitable for investors seeking to expand a portfolio or acquire a multi unit property with in place income, operational stability, and future growth opportunity. Note: This cannot be a child-care facility. The zoning is RB-1.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Lakeland
County
Polk
State
Florida
Longitude
-81.939921
Latitude
28.053038

FAQs

What type of property is this?
Quadplex - Updated quadruplex with income potential in Lakeland, Florida.
Where is this quadplex located?
The property is located at 1201 BUDDWOOD ROAD Lakeland, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Immediate income from three of four units currently occupied.; Updated in 2021, offering modern appeal and reduced maintenance.; Value‑add potential through lease adjustments, interior improvements, or stabilization of the remaining unit.
More about this property
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