Photo 1 of 1
$324,900
Sold on 2/27/26
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 4 |
0.00 |
2,055 |
$2,931 |
1978 |
|
On the market:
23 days
|
View full details, photos, school info, and price history
Well-maintained full duplex on a corner lot with dual addresses in South Lakeland. Welcome to 4604 Sandy Ln / 816 W Alamo Dr—an income-producing property that combines long-term stability with future upside.
Each unit features 2 bedrooms and 1.5 baths, private entrances, and a large shared driveway. The Alamo unit was refreshed in Summer 2024 with new kitchen cabinetry, granite countertops, updated bathroom with tile surround, new vanities, and new flooring—clean, modern, and rent-ready. The Sandy unit has been well maintained with all major systems updated, making this a low-maintenance asset overall.
Key major systems have been fully updated and documented, offering buyers true peace of mind from day one. Recent 4-Point-worthy improvements include: roof and windows replaced in 2018; HVAC systems updated in 2020 and 2025; water heaters replaced in 2024 and 2026; a full replumb completed January 2026; and an electrical system brought to current safety standards (GFCIs, grounding, and breaker corrections).
Both long-term tenants pay their own utilities and are currently rented at $1,190 per side (under market). Leases expire in May 2026, creating a clear path for future rent adjustments or repositioning. Market rents in the area support approximately $1,450–$1,600 per side (buyer to verify), offering immediate upside potential.
Conveniently located near shopping, schools, parks, Polk Parkway, and I-4, this is a duplex that performs today and improves over time—ideal for an investor seeking stable income with upside or a house-hacker looking to offset living expenses while building equity.
NOTE: Tenant-occupied; 24 hours’ notice required for showings.
Listing courtesy of Cat Calvosa, KELLER WILLIAMS REALTY SMART