Lakeland, FL Multifamily Properties for Sale

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Updated: Mar 3

Lakeland Duplex on Oversized Lot

3221 & 3225 CRUTCHFIELD ROAD, Lakeland, FL 33805

$299,900

2,515 sqft 0.57 AC lot

Two Homes on One Oversized Lot: Main house (3 bed, 2 bath + bonus room) and separate 2‑bed, 1‑bath guest cottage.
Immediate Income Potential: Both homes are currently tenant occupied.
Separate Driveway Access: The guest cottage has its own driveway, ensuring privacy.
Versatile Bonus Room: The main house features a large bonus room suitable as a fourth bedroom, dining space, office, or living area.
Convenient Location: Minutes from I‑4 and Highway 92, providing easy access to Lakeland and Central Florida destinations.

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This listing looks promising.

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3221 & 3225 CRUTCHFIELD ROAD, LAKELAND, FL 33805

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$27K
Annual
Price @ 7% Cap

$381K
Above asking
Property Type

Single Family Residence
Built 1960

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Updated: May 26

Remodeled Duplex in Growing Lakeland

1134-1136 GILMORE AVENUE, Lakeland, FL 33805

$540,000

2,275 sqft 0.16 AC lot

Fully remodeled duplex with modern kitchens, refreshed bathrooms, stylish finishes, new flooring and fresh paint.
Each unit features a desirable 3‑bedroom, 2‑bathroom layout.
Income‑producing property with strong rental potential in a rapidly growing area.
Convenient location with easy access to shopping, dining, parks, schools, medical facilities, and I‑4 for commuting to Tampa and Orlando.
Functional floor plans with abundant natural light, in‑unit laundry, and central heating/air.

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Income-Producing Quadplex Near FSC

201 ARIANA STREET, Lakeland, FL 33803

$599,900

2,624 sqft 0.14 AC lot

Fully occupied Lakeland quadplex near Florida Southern College.

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Renovated Duplex on One Lot

907 N WABASH AVE, Lakeland, FL 33815

$299,000

1,480 sqft 0.20 AC lot

Fully renovated 2022 duplex with separate patios and ample driveway parking, currently operated as an Airbnb.

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Iconic Wilsonian Building on Lake Morton

183 Lake Morton Dr, Lakeland, FL 33801

$1,900,000

0.56 AC lot

Historic 16-unit multifamily property in downtown Lakeland, Florida.

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Renovated Duplex in Lakeland, Florida

4710 FERNERY LANE, Lakeland, FL 33809

$350,000

1,510 sqft 0.29 AC lot

Completely renovated duplex in a quiet neighborhood. Investment opportunity.

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Lakeland Duplex: Income Potential

6043 CRAFTON DRIVE, Lakeland, FL 33809

$325,000

1,650 sqft 0.16 AC lot

Income-producing duplex in North Lakeland with long-term investment potential.

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Multifamily Development Opportunity in Lakeland

1205 NEVILLE Ave, Lakeland, FL 33805

$2,500,000

3.53 AC lot

Pre-construction multifamily development package with entitlements in place.

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Lakeland Multifamily Development Opportunity

1205 NEVILLE AVENUE, Lakeland, FL 33805

$2,500,000

2,454 sqft 3.53 AC lot

Pre-construction multifamily development package in Lakeland, Florida.

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Historic Lakeland Multifamily Investment Opportunity

915 E PALMETTO STREET, Lakeland, FL 33801

$1,390,000

8,348 sqft 0.45 AC lot

Renovated 12-unit apartment building in Lake Morton Historic District.

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Income-Producing Duplexes on One Lot

1125 W OLIVE St, Lakeland, FL 33815

$525,000

0.27 AC lot

Four units with strong rental income potential in Lakeland, Florida.

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Duplex - LAKELAND, FL

2253 & 2249 GOLFVIEW STREET, Lakeland, FL 33801

$325,000

2,012 sqft 0.32 AC lot

Duplexes · 2,012 SF

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Lakeland Duplex: Turnkey Investment Opportunity

4418-4416 HIGHLAND LANE, Lakeland, FL 33813

$425,000

2,124 sqft

Fully occupied duplex in South Lakeland with immediate cash flow.

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Lakeland Quadplex: Income Opportunity

1962 CRYSTAL GROVE Dr, Lakeland, FL 33801

$675,000

Income-producing quadplex in Lakeland, generating approximately $70,000 annual gross income.

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Lakeland Duplex Investment Opportunity

2464 CHESTNUT WOODS Dr, Lakeland, FL 33815

$283,900

0.16 AC lot

Centrally located, fully occupied duplex in Lakeland, Florida.

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Lakeland Multifamily Investment Opportunity

203 JANET Ln, Lakeland, FL 33809

$124,000

0.17 AC lot

Multifamily property for sale in Lakeland, Florida.

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Lakeland Mobile Home Community

2620 Reynolds Rd, Lakeland, FL 33801

$1,000,000

20-site mobile home community with infill potential in Lakeland, Florida.

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Lakeland Quadraplex: Investment Opportunity

602 EMMA St, Lakeland, FL 33815

$375,000

Fully occupied quadraplex in Lakeland, great for rental income.

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Renovated Quadruplex with Corner Lot

1102 ROSELLE Ave, Lakeland, FL 33805

$595,000

Renovated 2026 quadruplex on an oversized corner parcel, with three units leased and shared laundry layouts.

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Mobile Home Park with Retail

5435 LEWELLYN ROAD, Lakeland, FL 33810

$5,000,000

4.25 AC lot

46-space mobile home community with retail building in Lakeland.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Lakeland, FL, we suggest to view alternatives - similar 10 Off-Market properties to explore as potential leads.

Off-Market Properties in Lakeland, FL

Consider similar Off-Market properties in Lakeland, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

330 Bracey Rd, Lakeland, FL 33809-6545

Value Estimation by Request

14.01 AC lot

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Multifamily properties

0 Old Dixie Hwy, Lakeland, FL 33823

Value Estimation by Request

38.06 AC lot

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Multifamily properties

6404 Odom Rd, Lakeland, FL 33809

Value Estimation by Request

9,600 sqft 1.34 AC lot

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Multifamily properties

5435 Lewellyn Rd, Lakeland, FL 33810

Value Estimation by Request

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Lakeland, FL Multifamily Properties Market Trends and Statistics

Explore 30 multifamily properties for sale in Lakeland, FL, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 26,992 square feet of properties for sale, with an estimated market value of $7,053,800.

Sale prices for multifamily properties in Lakeland, FL start at $299,000, averaging $705,380, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 269K

Population Growth (5Y) +5.5%

Median Household Income $70,171

College Educated 24.0%

High-Yield Neighborhoods for Investment

Identify Lakeland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
33809	$337.5K
33815	$342K
33813	$425K
33801	$943.1K
33803	$949.5K

Taxes & Financing

Tax Rate (average for all types) 1.57%

Property Tax per SF $25.55 per SF

Tax Rate vs County Average 0.03 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

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