Building Details

Year Built 1930

Listing Agency: d***@gmail.com Show Phone

Listed By: Derek McGehee Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Aug 4 at 9:26AM

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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 Derek McGehee

Investment Insights

Based on property information with market context.

This fully occupied quadraplex, located in Lakeland, presents an investment opportunity. The property at 602 Emma St features four separate 1-bedroom, 1-bathroom units, suitable for generating rental income. Each unit offers a functional layout. The property's central Lakeland location provides convenient access to shopping, dining, major roadways, and local amenities. A newer roof was installed in 2021. The bike score is 76, indicating it is very bikeable, and the walk score is 67, indicating it is somewhat walkable.

Key Highlights

• Fully occupied quadraplex generating consistent rental income.
• Prime central Lakeland location with convenient access to amenities, shopping, dining, and major roadways.
• Newer roof installed in 2021, reducing near‑term maintenance costs.

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Locksmith Tanning Salon Pet Store & Service

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

Location Intelligence

Trade Area within ½ mile

1,646

Businesses Nearby

Explore this area Business Placement

Demographics for 33815, FL

15,681

Population

7,646

Households

2.1

Avg Household Size

40

Median Age

11%

College-Educated

80%

High-School Grad

7.4 sq mi

ZIP Area

2,119

Density / Sq Mi

$36,445

Median Household Income

$32,637

Median Earnings

$1,078

Median Rent

$42,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Fully occupied quadraplex in Lakeland, great for rental income.

Where is this quadplex located?

The property is located at 602 EMMA St Lakeland, FL.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Fully occupied quadraplex generating consistent rental income.; Prime central Lakeland location with convenient access to amenities, shopping, dining, and major roadways.; Newer roof installed in 2021, reducing near‑term maintenance costs.