201 Ariana St. #1, 2, 3, 4, Lakeland, FL 33803

201 Ariana St. #1, 2, 3, 4, Lakeland, FL 33803
Photo 1 of 14
$649,900
Beds Baths Sq. Ft. Taxes Built
4 2,624 $4,103.61 1925
On the market: 14 days

Est. Monthly Payment:

$4,233($3,891 + $342 taxes*)

Don't let your dream home get away from you! Be prepared!  Get qualified for a home loan today.

APPROVED
View full details, photos, school info, and price history
Exceptional opportunity to acquire a fully occupied, income-producing quadplex in one of Lakeland’s most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern College—driving consistent, high-demand tenancy, particularly among scholars. Each of the four units is a well-designed 1-bedroom, 1-bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacy—an amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one. This property presents a strong value-add opportunity for investors looking to maximize returns. With below-market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity. Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long-term appreciation potential. Investment Highlights: Fully occupied 4-unit property – immediate cash flow All units: 1BR/1BA, ~650 sq ft each Private screened porches for every unit Current rents: $1,200/month each unit Walking distance to Florida Southern College – high student demand Strong rental market with upside potential Ideal for investors seeking stable income + value-add growth This is a rare opportunity to secure a turnkey multi-family property in a high-demand location with built-in income and future upside.
Listing courtesy of Stephen Hachey, FLAT FEE MLS REALTY