Multifamily

Lakeland, FL Multifamily Properties for Sale

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Duplex With Separate Cottage
Updated: Mar 3
Duplex With Separate Cottage

3221 & 3225 CRUTCHFIELD Road, Lakeland, FL 33805

$299,900
2,515 sqft 0.57 AC lot
Two residences on a 0.57‑acre lot
Primary home includes 3 bedrooms, 2 bathrooms, and a bonus room
Detached 2‑bedroom, 1‑bath cottage with kitchen
Separate driveway access for the cottage
Total property size of 2515 Square Feet
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3221 & 3225 CRUTCHFIELD Road, LAKELAND, FL 33805

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Two-Story Duplex
Updated: May 11
Two-Story Duplex

1031 E LIME Street, Lakeland, FL 33801

$829,900
3,617 sqft 0.24 AC lot
Two‑story duplex with 3,617 square feet total
Each residence offers approximately 1,808 heated square feet
0.24‑acre site zoned RB‑1
Under construction with a 2026 year built designation
10‑foot ceilings, quartz countertops, stainless steel appliances, and walk‑in pantries
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6-Unit Concrete Apartment Building
6-Unit Concrete Apartment Building

214 N CHESTNUT Road, Lakeland, FL 33815

$695,000
2,975 sqft 0.20 AC lot

Fully occupied multifamily property with individually metered units, central air conditioning, public water, and private septic service.

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Two-Story Duplex
Two-Story Duplex

1111 / 1113 JEWEL Avenue, Lakeland, FL 33805

$565,000
3,778 sqft 0.19 AC lot

Concrete-block construction provides separate private entrances, central air, and public utilities for both residences.

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12-Unit Apartment Building
12-Unit Apartment Building

915 E Palmetto Street, Lakeland, FL 33801

$1,390,000
8,348 sqft

Renovated 12-unit apartment building with on-site laundry and a courtyard.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

1134-1136 GILMORE Avenue, Lakeland, FL 33805

$530,000
2,275 sqft 0.16 AC lot

Two refreshed residences feature open living areas, in-unit laundry, and central heating and air conditioning.

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Duplex with Updated Kitchens
Duplex with Updated Kitchens

4710 FERNERY Lane, Lakeland, FL 33809

$350,000
1,510 sqft 0.29 AC lot

Two matching units offer central HVAC, private laundry, and flexible owner-occupant or rental use.

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Duplex with Community Amenities
Duplex with Community Amenities

5739 LACAR Way, Lakeland, FL 33805

$258,999
1,380 sqft 0.09 AC lot

Open-concept residence with a main-level primary suite and access to extensive shared recreation amenities.

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Historic Quadplex with Covered Parking
Historic Quadplex with Covered Parking

211 E Park St, Lakeland, FL 33803

$850,000
3,640 sqft

Fully rented residential property with updated kitchens, separately metered utilities, private decks, and individual HVAC systems.

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Renovated Duplex with Private Patios
Renovated Duplex with Private Patios

907 N WABASH AVE, Lakeland, FL 33815

$279,000
1,480 sqft 0.20 AC lot

Two residences share a 0.2-acre parcel with separate outdoor spaces, expansive driveway parking, and current short-term rental use.

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Triplex Property with Redevelopment Plans
Triplex Property with Redevelopment Plans

115 EMMA Street, Lakeland, FL 33815

$399,000
2,696 sqft 0.10 AC lot

Three residential units across two buildings with MEP plans supporting proposed redevelopment.

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Six-Unit Apartment Building
Six-Unit Apartment Building

214 N CHESTNUT ROAD #6, Lakeland, FL 33815

$695,000
3,999 sqft

Fully occupied residences feature individual electric metering and central air conditioning.

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Duplex With Garages And Porches
Duplex With Garages And Porches

1108 JEWEL Avenue, Lakeland, FL 33805

$399,000
2,040 sqft 0.19 AC lot

Proposed two-unit residence includes three-bedroom layouts, private porches, and garage space for each home.

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Two-Unit Duplex with Central Air
Two-Unit Duplex with Central Air

101 LAKE HUNTER Drive, Lakeland, FL 33803

$190,000
903 sqft 0.02 AC lot

MF-12 zoning, public utilities, and a practical residential layout support flexible occupancy options.

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Remodeled Duplex with Detached Storage
Remodeled Duplex with Detached Storage

542 & 540 S CLAYTON AVENUE, Lakeland, FL 33801

$515,000
2,529 sqft

Two remodeled residences on one lot, plus a detached concrete block storage building with electricity and a half bath.

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Block Duplex with Fenced Yards
Block Duplex with Fenced Yards

506 S WESTGATE Avenue, Lakeland, FL 33815

$249,000
1,813 sqft 0.16 AC lot

Two leased units provide a compact residential income property with off-street parking and established neighborhood access.

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Updated Duplex Property
Updated Duplex Property

1436 SHIRLEY Drive, Lakeland, FL 33810

$255,000
1,256 sqft 0.12 AC lot

No-HOA property with short-term rental permission, recent system upgrades, and a fenced outdoor area.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

2220 N GALLOWAY ROAD, Lakeland, FL 33810

$650,000
3,741 sqft

Four fully occupied units include a 3-bed/2-bath main home and three 2-bed/1-bath apartments; new roof in 2024.

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Duplex with Central HVAC
Duplex with Central HVAC

101 LAKE HUNTER Drive, Lakeland, FL 33803

$190,000
903 sqft 0.02 AC lot

Duplex in MF-12 zoning with tile and carpet flooring, public utilities, and a location near downtown Lakeland.

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6-Unit Apartment Building
6-Unit Apartment Building

214 CHESTNUT ROAD, Lakeland, FL 33815

$695,000
3,999 sqft

Fully leased apartment property with separately metered units, central A/C, concrete construction, and city utilities.

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Two-Residence Duplex Property
Two-Residence Duplex Property

2253 & 2249 GOLFVIEW Street, Lakeland, FL 33801

$325,000
2,012 sqft 0.32 AC lot

R-2 zoning, separate homes, and a fully fenced parcel create a practical multi-unit residential configuration.

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New Construction Duplex
New Construction Duplex

1031 E Lime St, Lakeland, FL 33815

$829,900
3,617 sqft

Two residences combine open living areas, upgraded kitchens, private bedroom suites, and covered outdoor space.

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Two-Unit Duplex with Split Bedrooms
Two-Unit Duplex with Split Bedrooms

1216 FAIRWAY DRIVE, Lakeland, FL 33801

$299,900
2,272 sqft

Both residences are occupied under 12-month leases, supporting ongoing rental operations.

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Duplex Requiring Full Renovation
Duplex Requiring Full Renovation

1047 / 1049 CAPTIVA Point, Lakeland, FL 33801

$303,900
2,278 sqft 0.36 AC lot

Vacant two-unit property with central heating and cooling, public utilities, and block-and-concrete construction.

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Lakeland, FL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lakeland, FL, showcased through 64 active listings on our real estate platform. These investment opportunities span a total of 151,022 square feet of properties for sale, with an estimated market value of $37,624,499.

Sale prices for multifamily properties in Lakeland, FL start at $115,000, averaging $696,749, and reaching up to $6,600,000 — 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

Duplexes 43
Apartment buildings 16
Quadplexes 8
Mobile home & RV parks 5
Short term rental properties 4

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
33813 $199.9K
33809 $271.7K
33803 $332.9K
33810 $423.3K
33815 $466.4K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

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