1201 BUDDWOOD ROAD Lakeland, FL $ 550,000
1201 BUDDWOOD ROAD
$ 550,000
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1201 BUDDWOOD ROAD

Lakeland, FL, 33801
$ 550,000
Bedrooms8 Baths4.0 Sq 3,364

Monthly Estimate*

$ 3,386

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Multi-Family Home for sale in Lakeland, FL

for $550,000 with 8 bedrooms and 4 full baths. This 3,364 square foot home was built in 1976 on a lot size of 0.38.

Under contract-accepting backup offers. Quadruplex investment opportunity at 1201 Buddwood Rd in Lakeland offering approximately 3,364 square feet of total living area across four units on a 16,679 square foot lot (0.38 acres). Built in 1976 and updated in 2021, the property features a functional layout with three of the four units currently occupied, providing immediate income with additional upside potential. Each unit offers a practical floor plan with private entrances, natural light, and efficient living spaces designed for tenant use. The configuration supports consistent occupancy and straightforward management, making it suitable for both experienced and entry level investors. Opportunity exists to increase revenue through lease adjustments, interior improvements, or stabilization of the remaining unit. The property is located in an established Lakeland area with convenient access to Highway 98 and surrounding roadways, providing connectivity to employment centers, shopping, dining, and everyday services. The location supports steady rental demand and long term tenant retention. This asset presents a strong foundation for cash flow with value add potential. Suitable for investors seeking to expand a portfolio or acquire a multi unit property with in place income, operational stability, and future growth opportunity. Note: This cannot be a child-care facility.

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Multi-Family Pending

Price

$ 550,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,777

Style

Quadruplex

Lot Size

0.38

Year Built

1976

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

O6399970

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Connected Public
Possession Close Of Escrow
Roof Shingle
Zoning RB-1
Construction Materials Block Brick
Year Built 1976
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential Income
Subdivision Name GOLCONDA
Garage Y/N false
Status Pending
Directions From Highway 98 turn onto Lake Parker Avenue. Continue to Parker Street East and turn right then take an immediate left onto Golconda Road. Follow to Fortner Road and turn left then make a right onto Buddwood Drive. The duplexes are located on the curve to your right. There is no sign on the property. Please do not disturb the tenants.
City LAKELAND
Senior Community Y/N false
MLS Area 33801 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 16679
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 3777.38
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://mls.ricoh360.com/7ac3710a-adf9-4569-aa12-ec7b0c68db9b
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Tenant
Tax Lot 24
Legal Description GOLCONDA PB 8 PG 34 BLK 4 LOTS 24 & 25
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Eating Space In Kitchen
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 8
Total Baths 4
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Exterior
Exterior Amenities Other
Parking Features Parking Pad
Water Source Public
Lot Size Area 16679
Foundation Details Slab
Number of Buildings 2
Lot Dimensions 65 x 130
Lot Size Acres 0.38
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Lpt Realty, Llc

Broker

tyler@gpghome.com

Email

Affordability Calculator

$3,701
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$315
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$550,000 Listed Price

Map


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1201 BUDDWOOD ROAD, Lakeland, FL, 33801 is a Multi-Family Home for sale at $550,000 with 3,364 sqft and a lot size of 0.38. 1201 BUDDWOOD ROAD has 8 bedrooms, 4.0 baths, and was built in 1976. The property's zip code is 33801 which is in Lakeland, FL