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    Lakeland, FL Residential Income Properties for Sale

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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
    Updated: Jul 31
    6-Unit Concrete Apartment Building

    214 N CHESTNUT Road, Lakeland, FL 33815

    $695,000
    2,975 sqft 0.20 AC lot
    Six 1BD/1BA apartments, each approximately 496 sq ft
    2,975‑square‑foot multifamily building on 0.2 acres
    Fully leased with all units occupied
    Concrete construction completed in 1982
    Separate electric meter and central A/C for every unit
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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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    See what stands out in Polk County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    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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    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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    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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    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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    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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    Fully Leased 6-Unit Apartment Building
    Fully Leased 6-Unit Apartment Building

    6-214 N Chestnut Rd, Lakeland, FL 33815

    $695,000
    2,975 sqft

    Fully occupied apartments feature individual electric meters, central A/C, and durable concrete construction.

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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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    Two-Bedroom Half Duplex
    Two-Bedroom Half Duplex

    503 MARKET Square W, Lakeland, FL 33813

    $224,900
    1,042 sqft 0.10 AC lot

    R-2 residential property with an enclosed patio, private fenced yard, and attached garage with workshop space.

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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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    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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    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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    Tenant-Occupied Duplex on Acre Lot
    Tenant-Occupied Duplex on Acre Lot

    1882 CRYSTAL GROVE DRIVE, Lakeland, FL 33801

    $400,000
    2,184 sqft 1.00 AC lot

    Two occupied residences feature updated plumbing and a separate storage shed on a spacious Lakeland property.

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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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    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 Separate Cottage
    Duplex With Separate Cottage

    3221 & 3225 CRUTCHFIELD Road, Lakeland, FL 33805

    $299,900
    2,515 sqft 0.57 AC lot

    Two residences share an oversized parcel, with separate access and tenant occupancy supporting flexible residential use.

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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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    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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    Half Duplex with Workshop Garage
    Half Duplex with Workshop Garage

    503 MARKET SQUARE W, Lakeland, FL 33813

    $224,900
    1,042 sqft

    Updated interiors, an enclosed patio, and fenced synthetic-lawn grounds create a low-maintenance residential setting.

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    Duplex With Existing Tenants
    Duplex With Existing Tenants

    1053 / 1055 CAPTIVA Point, Lakeland, FL 33801

    $331,000
    2,278 sqft 0.36 AC lot

    Both units are occupied and served by central heating, central air, public water, and public sewer.

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    Lakeland, FL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Lakeland, FL, showcased through 62 active listings on our real estate platform. These investment opportunities span a total of 149,803 square feet of properties for sale, with an estimated market value of $33,739,999.

    Sale prices for residential income properties in Lakeland, FL start at $115,000, averaging $602,499, 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

    Multifamily properties 64
    Duplexes 38
    Apartment buildings 15
    Quadplexes 6
    Short term rental properties 3

    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 $216.6K
    33809 $257.5K
    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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    Most Searched ZIP Codes in Lakeland, FL

    • 33801
    • 33815
    • 33805
    • 33803
    • 33809
    • 33810
    • 33813

    Featured Lakeland Real Estate Agencies

    Realmo connects you with licensed Lakeland CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Smart Realty of Polk Inc dba Keller Williams Realty
    218 E Pine St Lakeland, FL 33801
    Phone: 18635771234
    www.KWPolk.com

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