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Investment opportunity in Lakeland's Midtown with this two-story bungalow configured for rental income. Major system updates were completed in 2021 prior to the current owner's purchase, including roof, plumbing, electrical, and HVAC"”providing added confidence for the next owner. Both units offer 3 bedrooms and 2 bathrooms. Unit A features a distinctive multi-level layout, with entry on the lower level where the washer and dryer hookups are located, and the main living areas and kitchen upstairs. While it does not include a formal living room, one of the bedrooms can serve as a flexible living space. Unit B is located on the lower level and offers a more traditional layout. Both units include eat-in kitchens and washer and dryer hookups. Currently tenant occupied through Section 8, both units have indicated plans to vacate in the coming months"”creating an opportunity for repositioning, leasing at market rates, or owner occupancy. Owner currently pays utilities. The property features a large, inviting front porch, gated front yard, spacious driveway for ample parking, and a generous backyard. Conveniently located near downtown Lakeland, shopping, dining, and major roadways.
| DAYS ON MARKET | 18 | LAST UPDATED | 4/27/2026 |
|---|---|---|---|
| TRACT | BON AIR ADD | YEAR BUILT | 1925 |
| COMMUNITY | 33805 - Lakeland / Gibsonia | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Carlton Palmore Elem |
|---|---|
| Jr. High School | Crystal Lake Middle/Jun |
| High School | Tenoroc Senior |
| PRICE HISTORY | |
| Prior to Apr 27, '26 | $410,000 |
|---|---|
| Apr 27, '26 - Today | $399,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | 33805 - Lakeland / Gibsonia |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame |
| EXTERIOR | None |
| HEAT | Central |
| INTERIOR | Eat-in Kitchen, Stone Counters |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Paved |
| LOT DIMENSIONS | 50x135 |
| PARKING | Driveway |
| SEWER | Public Sewer |
| SUBDIVISION | BON AIR ADD |
| TAXES | 4273.62 |
| UTILITIES | Electricity Connected, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Kristin Kellin, KELLER WILLIAMS REALTY SMART, 863-577-1234
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 5/5/26 4:19 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.