201 ARIANA STREET 1 Lakeland, FL $ 649,900
201 ARIANA STREET 1
$ 649,900
Recently Listed
Share Save

201 ARIANA STREET 1

Lakeland, FL, 33803
$ 649,900
Baths0.0 Sq 2,624

Monthly Estimate*

$ 4,002

201 ARIANA STREET 1, Lakeland, FL 33803 - Image 1
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 2
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 3
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 4
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 5
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 6
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 7
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 8
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 9
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 10
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 11
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 12
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 13
201 ARIANA STREET 1, Lakeland, FL 33803 - Image 14
View a Virtual Tour
Studio

Multi-Family Home for sale in Lakeland, FL

for $649,900. This 2,624 square foot home was built in 1925 on a lot size of 0.14.

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.

See more

Multi-Family Active

Price

$ 649,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,103

Style

Duplex

Lot Size

0.14

Year Built

1925

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

TB8493723

Features
General
Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Public Street Lights
Roof Shingle
Zoning RA-4
Construction Materials Other
Year Built 1925
Unit Number 1
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential Income
Subdivision Name DIXIELAND REV
Garage Y/N false
Status Active
Directions Located on Ariana St just off S. Florida Ave. Parking is located in rear of building and accessible via Ariana St and/or the alley.
City LAKELAND
Senior Community Y/N false
MLS Area 33803 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 6233
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 4103.61
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8493723
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 18
Legal Description DIXIELAND PB 1 PG 67 BLK S LOT 18
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
See more
Interior
Interior Amenities Ceiling Fan(s)
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 0
Total Baths 0
See more
Exterior
Exterior Amenities Balcony French Doors Sidewalk
Water Source Public
Lot Size Area 6233
Foundation Details Crawlspace
Number of Buildings 1
Lot Dimensions 50 x 125
Lot Size Acres 0.14
Road Surface Type Other
Private Pool false
Waterfront Y/N false
See more
* Excluded Features
List By
Flat Fee Mls Realty

Broker

Team@flatfeemlsrealty.com

Email

Affordability Calculator

$4,343
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$342
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$649,900 Listed Price

Map


See all

201 ARIANA STREET 1, Lakeland, FL, 33803 is a Multi-Family Home for sale at $649,900 with 2,624 sqft and a lot size of 0.14. 201 ARIANA STREET 1 is a studio with 0.0 baths and was built in 1925. The property's zip code is 33803 which is in Lakeland, FL