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    1125 W Olive St Lakeland, FL 33815

    For Sale
    $525,000

    Four units with strong rental income potential in Lakeland, Florida.

    Lot size:
    0.27 Acres

    Property Features for 1125 W Olive St

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1947

    Source: TRIBUTE REALTY LLC Agent Mindy Emerson-Hunley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplexes on One Lot

    This property features four income-producing units, consisting of two duplexes situated on a single lot, presenting a solid investment opportunity. Unit 1125, located on the first floor, is a 2-bedroom, 1-bathroom unit with a monthly rent of $1150 on a month-to-month lease. The second floor unit, 1125 apartment 2, is a one-bedroom unit renting for $1150 per month, with the lease expiring on August 31, 2026. Units 1123 and 1121 are located in the same one-story building, both with month-to-month leases. Unit 1123 is a one-bedroom unit with a monthly rent of $950, while unit 1121 is a 2-bedroom, 1-bathroom unit renting for $1085 per month.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.972544
    Latitude
    28.0395068

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    FAQs

    What type of property is this?
    Duplex - Four units with strong rental income potential in Lakeland, Florida.
    Where is this duplex located?
    The property is located at 1125 W Olive St Lakeland, FL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Four income-producing units on one lot.; - Strong rental income potential.; - Unit 1125 (2nd floor) has a lease until August 31, 2026.
    (863) 669-0528
    Request Owner's contact information
    1125 W Olive St Lakeland, FL 33815
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    Lakeland, FL 33815
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1125 W Olive St Lakeland, FL 33815
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