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Quadplex with Alley Access
For Sale
$250,000

126 S WATERLOO AVENUE, Lakeland, FL 33801

Four residential units near downtown parks, dining, shopping, and public transportation, with parking reached from a rear alley.

Property Size3,040 SF
Price / SF$82.24
Days on Market551

Property Features for 126 S WATERLOO AVENUE

General Information

Standard status Active
Size 3,040 SF
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence restore its charm

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,002

Building Details

Year Built 1917
Listing Agency: LAND SOUTH REALTY, LLC
Listed By: Ron Denney · License #3009440
Source: Exitrealty
Added: Feb 28, 2025 Changed: Sep 2 Last Checked: Sep 1 at 2:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LAND SOUTH REALTY, LLC

Investment Insights

Based on property information with market context.

This four-unit residential property contains four one-bedroom, one-bathroom units in a building constructed in 1917. The asset is positioned as a restoration project, offering an older multifamily structure that requires renovation work before its next phase of use.

The property is located in downtown Lakeland near parks, restaurants, shopping, and public transportation. Rear alley access serves the parking area and provides an additional point of access to the property.

At 126 S Waterloo Avenue, the configuration is straightforward: four residential units with the same one-bedroom, one-bathroom layout, supported by alley access and on-site parking.

Key Highlights

  • Four‑unit multifamily property with four one‑bedroom, one‑bathroom units
  • Building constructed in 1917
  • Restoration project requiring renovation work

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,663
Businesses Nearby

Demographics for 33801, FL

36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units near downtown parks, dining, shopping, and public transportation, with parking reached from a rear alley.
Where is this quadplex located?
The property is located at 126 S WATERLOO AVENUE Lakeland, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four‑unit multifamily property with four one‑bedroom, one‑bathroom units; Building constructed in 1917; Restoration project requiring renovation work
More about this property
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