907 N WABASH AVE, Lakeland, FL 33815
Duplex - LAKELAND, FL
- Added:
- Jun 15, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 21 at 12:06 am
Property Features for 907 N WABASH AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- C-3
- Bedrooms
- 7
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Driveway
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Stone Counters
- Exterior features
- Paved, Sidewalk
- Appliances
- Dryer, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 23-28-14-079500-003120
- Size
- 1,480 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3323.96
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Number of units
- 2
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Chrissi Jasso License #3253299 (863) 618-4000
Listing office ASSOCIATE REALTY 4100 Spirit Lake Road, Ste 6, Winter Haven, FL (863) 618-4000
Listing date Jun 15, 2026
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.
HighLights
- Two homes on one lot: main home plus a second home, each with its own private patio space
- Main home includes 1,480 SF with 4 bedrooms and 2 bathrooms, open floor plan, and ceiling fans
- Second home features 3 bedrooms and 1.5 bathrooms with open living, dining, and kitchen layout
- Central air conditioning and central electric heat, with tile (ceramic) flooring and stone counters
- Vinyl siding exterior with shingle roof; paved exterior with sidewalk access
- Driveway parking with appliances including refrigerator, range, microwave, and dryer
Overview
The property is zoned C-3 and is located in Lakeland, FL (Polk County). The offering is for 907 N Wabash Ave, where the two residences share the same lot while maintaining distinct outdoor space.
With two independently laid-out homes and dedicated patio areas, the property can suit buyers looking for flexibility in residential income or short-term rental operations. The current use as an Airbnb reflects the property’s setup for separate stays, while the ample driveway helps accommodate guest parking. Please review the unit layouts to confirm fit for your intended tenant or rental strategy.
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 | $24.0k | $16.20 |
| − Vacancy | −$1.6k | −$1.05 |
| EGI | $22.4k | $15.15 |
| − OpEx | −$6.7k | −$4.54 |
| NOI | $15.7k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.989857
- Latitude
- 28.053436
