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4-Unit Quadplex with Detached Building

902 1/2 E LIME ST, Lakeland, FL 33801

For Sale
Contact for pricing

Two apartments occupy the main residence, with two more in a separate rear structure.

Property SizeContact for details
Days on Market30

Property Features for 902 1/2 E LIME ST

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Site & Location

Neighborhood East Lake Morton

Units

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

Additional Details

Gross Income $53,400
Tenant in Place Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Century 21 Myers Realty
Listed By: Tony Acosta · License FL SL3589261
Source: Crexi
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 10 at 5:24AM

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 Century 21 Myers Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This four-unit residential property is arranged across two buildings: the main residence contains two apartments, and a detached rear building holds the other two. Each unit has one bedroom, one bathroom, a kitchen, and a living area. All four units are currently leased, representing 100% occupancy.

The property is in the Downtown Lakeland area. Current occupancy and the two-building layout provide a clear picture of its existing residential configuration.

Key Highlights

  • Four residential units, each with one bedroom and one bathroom
  • Two apartments in the main residence and two in a detached rear building
  • All four units currently leased; 100% occupancy

Property Analytics

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,053
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

Average Price Trend$/SF for Quadplexes in Polk County, FL

$236 Jul
$182 Aug
$185 Sep
$188 Oct

Properties on Market for Quadplexes in Polk County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Two apartments occupy the main residence, with two more in a separate rear structure.
Where is this quadplex located?
The property is located at 902 1/2 E LIME ST Lakeland, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four residential units, each with one bedroom and one bathroom; Two apartments in the main residence and two in a detached rear building; All four units currently leased; 100% occupancy
(863) 224-5956 · Office Call to check price and availability
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