Cash-flowing duplex investment in South Lakeland with separate utilities, strong rental demand, and immediate upside. Located at 704–706 W Alamo Drive, this turnkey multi-family property offers a rare opportunity to own an income-producing asset in a rapidly appreciating area. Each unit features private entrances, updated interiors, and durable luxury vinyl plank flooring throughout. One unit is vacant and move-in ready — perfect for house hacking or an owner-occupant. The second unit is tenant-occupied on a month-to-month lease, providing flexibility for investors. Bonus features include an enclosed garage, covered carport, off-street parking, and a large yard with outbuilding/workshop potential. No HOA. Flood zone X. This property is ideal whether you’re building a rental portfolio, looking for low-maintenance cash flow, or seeking future redevelopment potential close to downtown Lakeland, shopping, dining, and major roadways. Income-producing properties like this are rare in today’s market.
IVESTOR SPECIAL DUPLEX. RENTED. 1512 FOR $1100 M2M, 1514 $1250 1YR. NO HOA! Two one bedroom one bath units are located in the heart of Lakeland’s highly sought-after Dixieland Historic District, this charming Mediterranean Spanish–style duplex at 1512 & 1514 Boone Place offers a rare blend of character, flexibility, and strong investment potential. The property features two well-appointed one-bedroom, one-bath units and has been extensively upgraded, including a new roof system 2020, updated plumbing, driveways, landscaping, lighting, irrigation, and a fully fenced backyard. Unit #1514 has been thoughtfully renovated with a modern open floor plan, updated kitchen with quartz countertops and new appliances, refinished wood floors, a ductless AC system, and numerous interior enhancements. With tenants currently in place generating immediate cash flow and options to occupy one unit while leasing the other (or rent both for a solid return) this property delivers exceptional versatility and value. Ideally situated near downtown Lakeland, lakes, parks, colleges, dining, shopping, and with easy access to Tampa, Orlando, major highways, and Central Florida attractions, this truly one-of-a-kind duplex is an opportunity you don’t want to miss. Storage shed in backyard conveys. Seller financing and private financing available. Can be rented short term. Do not wait, this property will not last long!
INCOME POTENTIAL OR MULTIFAMILY COMPLEX. Mobile homes located at 3742 & 3736 Valley Farm Rd included in price. Both parcels have mobile homes with separate electric/water and septic systems but share driveway. Perfect for that handy person.
Don’t miss this rare investment opportunity to acquire two solidly performing duplexes—a total of 4 spacious 2-bed, 2-bath units—located in the rapidly growing North Lakeland corridor at 6024, 6026, 6032 and 6034 Norton Road. Nestled just off Daughtery Rd and US 98 N, this multifamily portfolio offers unbeatable convenience minutes from Walmart, Publix, restaurants, and a wide array of retail options, with seamless access to I-4 connecting you to Tampa and Orlando. Lakeland is experiencing a boom, fueled by major economic drivers like the expansion of Amazon, Publix headquarters, and growing logistics and warehousing industries, placing this area firmly on the map for strong rental demand and future appreciation. All buildings feature new roofs (2025), low-maintenance tile flooring throughout, and several recent upgrades including AC units, appliances, and septic systems. Tenants typically stay 3–5 years, and current rents averaging $1,300/month —providing immediate income with room to grow. Market rent should be closer to $1,400/month. With excellent schools, nearby parks, lakes, and medical facilities, this property combines cash flow, location, and long-term upside in one of Florida’s hottest emerging markets. These are 2 duplexes and are being sold together (1 parcel ID). Please call today with any questions before it is gone!
**Lakeland Duplex for Sale – Excellent Investment Opportunity!** 1,560 ft.², this well-maintained duplex is a fantastic cash flow investment. It features two 2-bedroom, 1-bath units, both offering private living spaces and reliable rental potential. Start earning from day one with this income-producing property in Lakeland. ROOF replaced in 2021, and the water heater and HVAC system were updated within the past five years. Recent updates and consistent maintenance keep ownership costs low, and the single-story design offers convenience for residents. Set on a generous lot, it provides ample space and privacy for tenants. Inside, you'll find inviting floor plans filled with natural light, kitchens equipped with major appliances, and comfortable bedrooms with storage options. Each unit has separate water and electric meters, and the property is connected to public water and sewer. There are washer and dryer hookups available, and the duplex is constructed of solid concrete with tile flooring throughout—no carpet. **UNIT 709 is currently leased through February 2027 at $1,100 per month, while **UNIT 711 is vacant and expected to rent for $1,100-$1,300 per month. This property delivers steady cash flow in one of Central Florida’s strongest rental markets. Located in Lakeland, this duplex is conveniently close to shopping, dining, and recreational parks, with quick access to major roadways connecting you to Orlando, Tampa, and other Central Florida attractions. Nearby employers include: **Publix Super Markets:** One of the largest employers in Lakeland, with headquarters and distribution centers nearby, **Amazon:** Fulfillment center located on County Line Road, just a few miles from the Chestnut Woods area, **GEICO:** The regional office is located on W. Pipkin Road, **Lakeland Regional Health: ** This primary healthcare provider and hospital network is headquartered locally and employs thousands. Other notable employers within a short drive include FedEx Corporate Services, Watson Clinic (healthcare), Southern Glazer's Wine & Spirits, Pepperidge Farm (bakery), and Florida Southern College. Don’t miss out on this exceptional investment opportunity!
One or more photo(s) has been virtually staged. 2359 / 2361 Chestnut Hills Drive Lakeland, FL 33805 Turnkey Duplex – Ideal for Owner-Occupant or Investor Excellent opportunity to own a well-maintained concrete block duplex offering two separate units, each designed for comfortable living and easy rental appeal. Whether you’re looking to house-hack, expand your rental portfolio, or secure a low-maintenance investment, this property checks the boxes. Each unit features a functional open layout with durable tile flooring throughout, making upkeep simple and tenant turnover easy. Bright living spaces flow into practical kitchens equipped with ample cabinetry, laminate countertops, tile backsplash, and full appliance packages. In-unit washer and dryer add everyday convenience—an attractive feature for both owners and tenants. Both units include spacious bedrooms, updated bathrooms with tiled tub/shower surrounds, and neutral finishes ready to suit any style. Ceiling fans and abundant natural light enhance comfort throughout. Outside, enjoy a large fenced yard, private entrances, and off-street parking. The concrete block construction and straightforward layout provide long-term durability and reduced maintenance costs. Conveniently located with quick access to major roads, shopping, dining, and employment centers, this property offers strong rental demand and long-term upside in the Lakeland market.
A Fresh, Spacious Duplex With Room to Grow—And Income Potential From Day One Welcome to 466 & 468 Oregon Ave—full duplex now available for sale. Both units have high ceilings, so the moment you step inside, the space opens up in a way that just feels good. Even with a modest footprint, the homes feel airy, comfortable, and roomy. Each side offers generously sized bedrooms—one set at 16' x 12' and the other at 14' x 11'—giving you the kind of space that’s perfect for oversized furniture, a quiet home office, or simply stretching out at the end of the day. Both units have been beautifully refreshed with new flooring, fresh paint, and updated bathrooms, so they’re move-in ready from the start. You’ll also love the convenience of having a brand-new washer and dryer in each unit—a huge bonus whether you're living here or renting them out. Each home has its own style: 466 features classic black kitchen appliances, 468 offers stainless steel appliances and a brand-new A/C for comfort and efficiency. Major system updates include a permitted 2016 roof, two A/C units (2025 & 2015), electric water heaters (2015 US Craftmaster and 2010 GE). Copper wiring and electrical panel in satisfactory condition with Four Point Inspection Attached. Step outside and you’ll notice something rare—no rear neighbors, giving the property a sense of privacy that’s hard to find. The exterior has also been freshly painted, adding to the clean, cared-for feel. What truly makes this property special is the flexibility it gives you. Live in one side and let the other help pay your mortgage… rent both for steady income… or keep one available for family while still maintaining independence. This duplex works for whatever stage of life you’re in. If you’re looking for a place that feels like home and makes financial sense, 466 & 468 Oregon Ave is the kind of opportunity that doesn’t show up often—spacious, updated, and ready for its next owner.
Four income-producing units — two duplexes on one lot! A solid investment opportunity with strong rental potential. 1125 1st floor 2/1 $1150mo. Month to month lease. 1125 apt 2 (2nd floor) one bedroom $1150 mo. Lease is up August 31, 2026. The 1123 and 1121 are in the same one floor building both tenants are on month to month leases. 1123 is a one bedroom $950mo. 1121 is 2/1 $1085 mo.
Great investment opportunity conveniently located in central Lakeland close to I-4. This 2 bedroom, 1 bath duplex features tile floor throughout both units, inside laundry hookup. Centrally located and currently fully occupied with amazing tenants at a competitive rental rate. Don't miss out on this opportunity!
Investment Property alert! Live in one side and have the other pay your mortgage or simply use as an investment property. The options are endless. One side has been completely updated and has been used as short term rental in the past. Both sides currently have long term tenants, one paying $1500 month and one paying $1300/month. Property encompasses large private back yard with sitting area.
Turn key duplex opportunity in Lakeland! Both units feature 2 bedrooms / 1 bathroom, completely remodeled in 2023 with updated finishes and new appliances. Roof replaced in 2020. Each unit is currently rented at $1,600/month with leases secured until March 2026, providing immediate and stable rental income. Perfect for investors seeking a strong cash flowing property or buyers planning for the future. Located in a great neighborhood, surrounded by other multifamily properties and close to local conveniences. Modern upgrades, reliable tenants, and solid returns make this a rare find, BOTH UNITS SELLING AS A PACKAGE ! don't miss it!
Attention Investors & House Hackers! This block Triplex has one occupied unit and a recently renovated vacant 3/2 & 1/1 unit. Newer Roof (2022), New AC, New Granite countertops in 2/1 unit, new lower kitchen cabinets, updated electrical panels. New Fence. The 3/2 unit has New LVP floors, New Kitchen Cabinets, New Appliances, New Paint, two New Windows, New Light Fixtures, New Tiled Showers, New Vanities and more. The 1/1 Unit has been updated with New Paint, New Kitchen Cabinets, New Granite Counters and New Appliances. Separate water and electric meters paid by tenants. Great income producing property in the heart of Lakeland. Close to major highways, Tampa, and shopping malls. Projected Rents: 1br $1000 (tenant in place 12/25), 2br $1250, 3br $1500
Great Investment Opportunity with stable income stream in Lakeland/Highland City, Florida! Located in a prime area just off the high-traffic State Road 98, a walk distance to restaurants and shopping plaza. This well-maintained mobile home park offers a fantastic opportunity for both new investors or those looking to expand their portfolio. Key Features:(1) 8 total spaces include 2 rent-to-own homes—will be fully tenant-owned by 2026—and 5 tenant-owned homes with lot rent only) 1 vacant space with significant potential (2) Well-run park with strong tenant retention and consistent revenue streams. (3) Tenants are separately metered for water and electric City water with 3 septic tanks. Financials:*Gross Revenue: $54,428 *Estimated Expenses: $12,122 * NOI $42,305 and CAP Rate 7.18% *Potential for an additional $15,000+ in revenue by increasing lot rents and implementing trash charge-backs *Filling the vacant space could bring an additional $14,400-$16,800 annually. Investor Opportunity: Your proforma Cap Rate 9.48% with minimal effort. This property is ready for immediate returns with plenty of room for growth. Don’t miss out on this exceptional opportunity to secure a solid, income-generating asset in a rapidly growing market!
Great Investment Opportunity! This offering includes a total of four apartments across two income-producing duplexes, located at 2228, 2230, 2232, and 2234 Brandy Pl. Each apartment features 2 bedrooms, 1 bathroom, and in-unit washer/dryer connections, making them highly desirable and easy to keep leased. This is an excellent opportunity for both new and experienced investors looking to add a stable, cash-flowing asset to their portfolio.


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Lakeland is located in Florida. Lakeland, Florida has a population of 110,401. Lakeland is less family-centric than the surrounding county with 25.3% of the households containing married families with children. The county average for households married with children is 26.62%.
The median household income in Lakeland, Florida is $52,972. The median household income for the surrounding county is $55,099 compared to the national median of $69,021. The median age of people living in Lakeland is 40.9 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 50 degrees. The average rainfall is approximately 53 inches per year, with 0 inches of snow per year.