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    Lakeland, FL Residential Income Properties for Sale

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    Updated Four-Unit Residential Property
    Updated: Sep 30
    Updated Four-Unit Residential Property

    1125 OLIVE Street, Lakeland, FL 33815

    $505,000
    2,400 sqft 0.40 AC lot
    Four updated residential units in two duplex buildings
    2,400 square feet across both buildings
    1947 duplex: 1,120 square feet; 1954 duplex: 1,280 square feet
    0.40‑acre site comprising 3 parcels
    Current cap rate of 8.3%; pro forma cap rate of 9.3%
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    4-Unit Duplex Package
    Updated: Oct 14
    4-Unit Duplex Package

    822 & 830 SHIRLEY ANN Trail, Lakeland, FL 33809

    $673,500
    1,938 sqft 0.54 AC lot
    Four occupied units across two duplexes; each apartment has 2 bedrooms and 2 bathrooms
    Combined site area of 0.54 acres; R‑2 zoning
    One duplex has a 2025 architectural shingle roof; a new roof is planned for the other before closing
    Ceramic tile flooring, central air conditioning, electric central heat, and driveway parking
    Package includes 822/824 and 830/832 Shirley Ann Trail in Lakeland
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    Historic Four-Unit Quadplex
    Historic Four-Unit Quadplex

    211 E PARK Street, Lakeland, FL 33803

    $850,000
    3,640 sqft 0.20 AC lot

    Updated four-unit property with separately metered utilities, covered parking, private decks, and preserved architectural details.

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    See hot listings in Lakeland

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Concrete Block Duplex
    Concrete Block Duplex

    822 SHIRLEY ANN TRAIL, Lakeland, FL 33809

    $673,500
    1,938 sqft

    Two two-bedroom residences feature tile floors, updated paint, and a 2025 architectural-shingle roof.

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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

    $549,999
    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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    Two-Story Duplex
    Two-Story Duplex

    1031 E LIME Street, Lakeland, FL 33801

    $725,000
    3,617 sqft 0.24 AC lot

    Two residences offer open layouts, contemporary finishes, private upstairs bedrooms, and covered lanais.

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    Updated Two-Building Duplex Property
    Updated Two-Building Duplex Property

    1125 OLIVE STREET, Lakeland, FL 33815

    $505,000
    2,400 sqft 0.40 AC lot

    Four renovated units occupy two separate duplex buildings on a combined parcel assemblage.

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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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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    902 E LIME Street, Lakeland, FL 33801

    $499,000
    2,048 sqft 0.23 AC lot

    Two buildings hold the leased residences, with a pair of units in each structure.

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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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    Duplex with Covered Carports
    Duplex with Covered Carports

    2538 Chestnut Woods Dr, Lakeland, FL 33815

    $285,000
    2,006 sqft

    One residence is rented, while the second unit is vacant and ready for occupancy.

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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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    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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    Duplex Property with Resort Amenities
    Duplex Property with Resort Amenities

    5739 LACAR Way, Lakeland, FL 33805

    $255,000
    1,380 sqft 0.09 AC lot

    Updated duplex property with an open layout, private yard, and access to extensive community recreation.

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    Triplex Property with Redevelopment Plans
    Triplex Property with Redevelopment Plans

    115 EMMA Street, Lakeland, FL 33815

    $334,990
    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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    Two-Unit Duplex with Central Air
    Two-Unit Duplex with Central Air

    101 LAKE HUNTER Drive, Lakeland, FL 33803

    $175,000
    903 sqft 0.02 AC lot

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

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    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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    Renovated 2-Unit Duplex
    Renovated 2-Unit Duplex

    617 PLATEAU Avenue, Lakeland, FL 33815

    $347,000
    1,320 sqft 0.18 AC lot

    Both concrete-block residences have updated interiors, new mechanical systems, and separate laundry hookups.

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    Two-Unit Concrete Duplex
    Two-Unit Concrete Duplex

    1111 / 1113 JEWEL AVE, Lakeland, FL 33805

    $549,999
    3,778 sqft

    The newly built property has no HOA and offers a two-story configuration.

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    Duplex with Updated Interiors
    Duplex with Updated Interiors

    613 PLATEAU Avenue, Lakeland, FL 33815

    $297,000
    1,096 sqft 0.17 AC lot

    The RB-2-zoned property pairs an occupied residence with a second unit currently available for lease.

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    Updated Duplex with New Roof
    Updated Duplex with New Roof

    613 PLATEAU AVENUE, Lakeland, FL 33815

    $297,000
    1,096 sqft

    Two matching residences offer refreshed finishes, individual mini-split systems, laundry hookups, and included kitchen appliances.

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    Duplex with Central HVAC
    Duplex with Central HVAC

    101 LAKE HUNTER Drive, Lakeland, FL 33803

    $175,000
    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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    Lakeland, FL Residential Income Properties Market Trends and Statistics

    Explore 77 residential income properties for sale in Lakeland, FL, showcased through 77 active listings on our real estate platform. These investment opportunities span a total of 192,457 square feet of properties for sale, with an estimated market value of $42,796,348.

    Sale prices for residential investment properties in Lakeland, FL start at $99,900, averaging $586,251, 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 81
    Duplexes 48
    Apartment buildings 14
    Quadplexes 14
    Short term rental properties 5

    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
    33811 $239.9K
    33809 $271.7K
    33813 $300K
    33810 $359.5K
    33803 $401.4K

    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 Residential Income pricing trends in Polk County

    Residential Income

    How Realmo verifies these figures

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    Popular Searches in Lakeland, FL

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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.

    La Rosa Realty Prestige
    123 S. Tennessee Ave Suite 1 Lakeland, FL 33801
    Phone: (863) 940-4850
    www.lrrlakeland.com/
    Smart Realty of Polk Inc dba Keller Williams Realty
    218 E Pine St Lakeland, FL 33801
    Phone: (863) 577-1234
    www.KWPolk.com
    Lakeland Homes and Realty, LLC
    2161 E County Rd. 540A, S153 Lakeland, FL 33813
    Phone: (863) 899-6030
    www.lakelandhomesandrealty.com
    Why this one?
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