901 PENNSYLVANIA AVENUE Lakeland, FL $ 670,000
901 PENNSYLVANIA AVENUE
$ 670,000
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901 PENNSYLVANIA AVENUE

Lakeland, FL, 33803
$ 670,000
Bedrooms16 Baths16.0 Sq 3,272

Monthly Estimate*

$ 4,230

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Multi-Family Home for sale in Lakeland, FL

for $670,000 with 16 bedrooms and 16 full baths. This 3,272 square foot home was built in 1902 on a lot size of 0.1.

GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential. The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential. LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences. Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential. 4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.

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Multi-Family Active

Price

$ 670,000

Bedrooms

16

Full Bath

16

Property Type

Multi-Family

Taxes

$ 6,997

Style

Quadruplex

Lot Size

0.1

Year Built

1902

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

O6433196

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Water Connected
Roof Shingle
Appliances Gas Water Heater Range Refrigerator
Zoning C-2
Patio/Porch Features Covered Front Porch
Construction Materials Wood Frame Wood Siding
Year Built 1902
Tenant Pays Electricity
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Gross Income 60000
County Polk
New Construction false
Property Type Residential Income
Subdivision Name SCOTTS LAKELAND HEIGHTS
Garage Y/N false
Status Active
Directions On the corner of Pennsylvania and Frank Lloyd Wright.
City LAKELAND
Senior Community Y/N false
Number Of Units Total 4
MLS Area 33803 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 4199
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 6997
Ok to Lease 12 Months
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Legal Description SCOTTS LAKELAND HEIGHTS DB 75 PG 15 BLK 3 LOT 14 LESS W 51 FT
Pet Size Limit Small (16-35 Lbs.)
Water Access Y/N false
Additional Rooms Florida Room
Water View Y/N false
Flood Zone Code 12105c0315
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Interior
Interior Amenities Ceiling Fan(s)
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Other
Total Bedrooms 16
Total Baths 16
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Exterior
Exterior Amenities Other Sidewalk
Parking Features On Street
Water Source Public
Lot Size Area 4199
Foundation Details Stilt/On Piling
Number of Buildings 1
Building Area Total 3272
Lot Dimensions 84 x 50
Lot Size Acres 0.1
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Road Responsibility Public Maintained Road
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* Excluded Features
List By
james@listahouse.net

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Affordability Calculator

$4,814
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,230
Monthly Property Taxes
$583
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$670,000 Listed Price

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901 PENNSYLVANIA AVENUE, Lakeland, FL, 33803 is a Multi-Family Home for sale at $670,000 with 3,272 sqft and a lot size of 0.1. 901 PENNSYLVANIA AVENUE has 16 bedrooms, 16.0 baths, and was built in 1902. The property's zip code is 33803 which is in Lakeland, FL