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PRICE $599,000 dsIDX morgage calculator
BEDS 5
BATHS 3
HOME SIZE 2,454 sqft
LOT SIZE 7,406 sqft

Exceptional investment opportunity featuring three rental units (101, 102 and 103) across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property. Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities. Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The buildings were completely renovated and remodeled in 2020. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments. An added bonus: the sale includes the existing property website; professionally designed to showcase and advertise the property"”offering a turnkey marketing advantage for continued rental success. A well-maintained, income-producing property with solid upgrades and built-in marketing"”an outstanding opportunity for investors or owner-occupants alike. Accessible unit will not be ready until the 15th of March.

DAYS ON MARKET 22 LAST UPDATED 3/4/2026
TRACT DIXIELAND ADD/LAKELAND YEAR BUILT 1947
COMMUNITY 33803 - Lakeland GARAGE SPACES 2.0
COUNTY Polk STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Other
AREA 33803 - Lakeland
BASEMENT Crawl Space
CONSTRUCTION Block
EXTERIOR Other
GARAGE Yes
HEAT Heat Pump
INTERIOR Other
LOT 7405 sq ft
LOT DIMENSIONS 72.5x100
PARKING Attached
SEWER Public Sewer
STORIES 2
SUBDIVISION DIXIELAND ADD/LAKELAND
TAXES 7017.62
UTILITIES Other
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1016 MISSISSIPPI AVENUE #101
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Listing provided by Solomon Gallant, S & D REAL ESTATE SERVICE LLC, 863-824-7169
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/20/26 12:19 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.