Homes for sale - 1014 S TENNESSEE AVE, Lakeland, FL 33803

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Joseph Kipping

joek@tampabayhome.com +1(813) 321-4663

$699,900

Est. payment - /mo

5 Beds

3 Baths

2,019 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,019 sqft

Price per Sqft $346

Subdivision Futch & Rogers Sub

MLS Listing ID L4955366

Bedrooms 5

HOA Y/N No

Year Built 1920

Annual Tax Amount $5,690

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Triplex

Source Stellar MLS

Property Description

Prime Location– TURNKEY MULTI-UNIT Investment Property! (All 3 units are currently listed on AIR B&B & VRBO.) Minutes from downtown Lakeland, this historic gem offers walking-distance access to award-winning restaurants, shopping, weekend markets, entertainment, and more. Just a short 5-minute stroll to Lake Hollingsworth and Lake Morton, this property combines charm, convenience, and strong income potential. Main Bungalow (Front Blue House) – Updated 2BR/1BA that's been fully remodeled, NEW metal roof (2024), and NEW AC (2023), entire outside of home & back unit have been repainted. Move-in ready and beautifully maintained. Detached Two Story back units– Downstairs Unit (2BR/1BA): Brand new tile flooring, remodeled bathroom, and an updated kitchen. New A/C window units. Upstairs Unit (1BR/1BA): Fully remodeled in 2025 with brand new kitchen cabinets & appliances, with all-new finishes & modern upgrades. 3 rental units that produce amazing income returns for an investor. All units are currently operating as successful short-term rentals (Airbnb & VRBO). Seller can provide full rental history and income documentation. YTD income already exceeds $41,000 with additional upside as the upstairs unit has only recently come online after its remodel in April. These properties come FULLY FURNISHED & TURNKEY READY! Flexible use: Live in one unit and rent the others, or keep as a high-performing investment property. This is a rare opportunity to own a fully updated multi-unit property in the heart of Lakeland with immediate income and long-term growth potential.

Location

State FL

County Polk

Community Futch & Rogers Sub

Area 33803 - Lakeland

Zoning MF-12

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Flooring Luxury Vinyl, Tile

Fireplaces Type Decorative

Furnishings Furnished

Fireplace true

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry Inside

Exterior

Exterior Feature Lighting, Sidewalk

Parking Features Driveway, Guest, Parking Pad

Utilities Available Cable Available, Electricity Connected, Public

Roof Type Metal,Shingle

Porch Porch, Rear Porch, Side Porch

Garage false

Private Pool No

Building

Entry Level Two

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by EXP REALTY LLC

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Joseph Kipping

+1(813) 321-4663

Broker Associate | BK3207023

Broker Associate BK3207023

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1014 S TENNESSEE AVE Lakeland, FL 33803

Joseph Kipping

Key Details

Location

Interior

Exterior

Building

Others

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1014 S TENNESSEE AVE