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$649,900
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 4 |
|
2,624 |
$4,103.61 |
1925 |
|
On the market:
14 days
|
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