Multi-Unit Income Property with
605 S JACKSON Avenue Bartow, FL 33830
605 S JACKSON Avenue, Bartow, FL, 33830
$350,000
For Sale
$350,000
MULTI_FAMILY - BARTOW, FL
Property Size3,018 SF
Lot Size0.42 Acres
Price / SF$115.97
Days on Market29
Property Features for 605 S JACKSON Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 2
- Interior features
- Built-in Features, Ceiling Fans(s)
- Exterior features
- Fence, Private Entrance
- Fencing
- Fenced
- Standard status
- Active
- APN
- 25-30-08-000000-033050
- Size
- 3,018 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEG 482 FT S & 30 FT W OF NE COR OF NW1/4 OF NW1/4 RUN S 92 FT W 200 FT N 92 FT E 200 FT TO POB
- Tax Annual Amount
- 3266
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood
- Building materials
- Frame
- Roof type
- Membrane, Metal
Listing agency
IMPACT REALTY TAMPA BAY
(813) 321-1200
Listed by
Michele Roling · License #3446832
(727) 999-0068
Added: Jun 23 Updated: Jul 21 at 6:09PM Checked: Jul 21 at 10:06PM
MLS# TB8517821
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 multi-unit income property is currently configured as a two-level, multi-entrance setup. The upper level includes a private 2-bedroom, 1-bath apartment with its own kitchen and two separate entrances. The lower level is being used as a larger 3-bedroom, 3-bath living area, along with an additional studio featuring a full bathroom and a private entrance that is currently operating as a home hair salon.
The property sits on a 0.42-acre lot in Bartow, Florida, and offers parking on-site. A key operational feature is the presence of three separate electric meters, which may support further unit separation (buyer to verify zoning and permitted use).
With multiple entrances and separate utility metering already in place, the layout provides flexibility for different occupancy arrangements. The property is offered for sale as an income-focused opportunity in Polk County.
The property sits on a 0.42-acre lot in Bartow, Florida, and offers parking on-site. A key operational feature is the presence of three separate electric meters, which may support further unit separation (buyer to verify zoning and permitted use).
With multiple entrances and separate utility metering already in place, the layout provides flexibility for different occupancy arrangements. The property is offered for sale as an income-focused opportunity in Polk County.
Key Highlights
- Multi‑unit configuration with multiple bedrooms and 5 bathrooms plus additional studio space currently used as a home hair salon
- Upper level includes a private 2‑bedroom, 1‑bath apartment with its own kitchen and two separate entrances
- Lower level currently used as a spacious 3‑bedroom, 3‑bath living area plus an additional studio with a full bathroom and private entrance
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 | $48.9k | $16.20 |
| − Vacancy | −$3.2k | −$1.05 |
| EGI | $45.7k | $15.15 |
| − OpEx | −$13.7k | −$4.54 |
| NOI | $32.0k | $10.60 |
3,018 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$457.1K
$400.0K – $533.3K
NOI $32,000 @ 7.0% cap · market cap 9.14%
Second Best
Apartment 5plus
$408.4K
$357.3K – $476.4K
NOI $28,586 @ 7.0% cap · market cap 8.17%
Theoretical Best
Office A
$725.3K
$634.6K – $846.1K
NOI $50,768 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Multi-unit income property on a 0.42-acre lot with three electric meters and multiple private entrances.
Where is this triplex located?
The property is located at 605 S JACKSON Avenue Bartow, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Multi‑unit configuration with multiple bedrooms and 5 bathrooms plus additional studio space currently used as a home hair salon; Upper level includes a private 2‑bedroom, 1‑bath apartment with its own kitchen and two separate entrances; Lower level currently used as a spacious 3‑bedroom, 3‑bath living area plus an additional studio with a full bathroom and private entrance
