728 JOHNSON AVE Lakeland, FL $ 425,000
728 JOHNSON AVE
$ 425,000
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728 JOHNSON AVE

Lakeland, FL, 33801
$ 425,000
Baths0.0 Sq 1,536

Monthly Estimate*

$ 2,617

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Studio

Multi-Family Home for sale in Lakeland, FL

for $425,000. This 1,536 square foot home was built in 1925 on a lot size of 0.16.

Prime investment opportunity right in the heart of Lakeland! This duplex features two exceptional units—a spacious 2-bedroom, 1-bath unit and a charming 1-bedroom, 1-bath unit—both thoughtfully updated and move-in ready. Ideally located just minutes from Florida Southern College, Lake Morton, Lake Hollingsworth, and many shopping, dining, and entertainment options, this property offers the best of Lakeland living. Downtown is less than one mile away, allowing residents and guests to enjoy popular local attractions such as First Friday events, the Saturday Farmers Market, and a vibrant downtown scene as easy as a walk, bike ride, or short drive away. Most recently operated as a successful short-term rental, both units are being sold fully furnished and completely outfitted, making this a true turnkey investment opportunity. The property is equally well-suited for long-term rental income or owner-occupancy with supplemental rental revenue. A shared backyard and common outdoor space provide a welcoming area for relaxation and entertaining, while dedicated parking is conveniently located behind the home. Each unit also includes its own storage shed equipped with a washer and dryer. Recent improvements include upgraded flooring, window treatments, appliances, beautifully renovated bathrooms, and a brand-new roof installed in 2025. Adding to the home's charm is the inviting front porch, the perfect place to unwind and enjoy Florida's beautiful weather. Whether you're looking to expand your investment portfolio or secure a owner-occupied income producing opportunity in one of Lakeland's most desirable locations, this duplex is a rare opportunity you won't want to miss.

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Multi-Family Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,823

Style

Duplex

Lot Size

0.16

Year Built

1925

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

L4962544

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Electricity Connected
Roof Other
Appliances Microwave Range Refrigerator Washer Dishwasher Dryer
Zoning 0850
Patio/Porch Features Covered Front Porch
Construction Materials Wood Frame
Year Built 1925
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential Income
Subdivision Name JOHNSONS T H SUBDIVISION
Garage Y/N false
Other Structures Shed(s)
Status Active
Directions From Frank Lloyd Wright South on Johnson. Home is on right
High School Lakeland Senior High
City LAKELAND
Senior Community Y/N false
MLS Area 33801 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 6752
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Philip O’Brien Elementary
Land Lease Y/N false
Tax Annual Amount 4823.22
Middle/Junior High School Crystal Lake Middle/Jun
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 190
Legal Description JOHNSONS T H SUB PB 4 PG 55 BLK C LOT 19
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Built-in Features
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Other Outside
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Storage
Parking Features Guest Off Street
Lot Features Historic District City Lot
Water Source Public
Lot Size Area 6752
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 1816
Lot Size Acres 0.16
Road Surface Type Brick Concrete
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Watson Realty Corp.

Broker

zachlayrealtor@gmail.com

Email

Affordability Calculator

$3,019
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$402
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.
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Nearby
0 Elementary School
0 Middle School
Lakeland Senior High High School High School
Pricing History
DatePricePrice ChangeDescription
6/7/2026$425,000 Listed Price

Map


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728 JOHNSON AVE, Lakeland, FL, 33801 is a Multi-Family Home for sale at $425,000 with 1,536 sqft and a lot size of 0.16. 728 JOHNSON AVE is a studio with 0.0 baths and was built in 1925. The property's zip code is 33801 which is in Lakeland, FL