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5140 & 5142 CORNELL STREET

Multi-family Recently Sold
$300,000

BTC: 4.76190476

ETH: 171.82130584

Sold on: 2025-03-17
New
4 bds
2,040 sqft

Overview

Attention Investors and Homebuyers! Unlock the potential of this sturdy BLOCK DUPLEX located in the heart of Lakeland! Perfect for investors seeking a strong return or families ready to house-hack their way to financial freedom, this property offers the chance to live in one unit, rent out the other, and potentially live for FREE—the ultimate gateway to the American Dream. 2 Bed / 2 Bath 1020sqft on each side, All concrete block construction makes for easy maintenance, and updates include a new roof in 2019, updated electrical panels in both, and unit 5140 has a new AC. Duplex is in a secure area with an EMT station across the street. The units have ceramic tile, beautiful laminate/wood floors and updated kitchen and bathroom. Property has a large yard with plenty of shade to enjoy the outdoors. Located very close to shopping, restaurants, and an easy drive to I4 and everything Lakeland has to offer. Parcel ID: 5140 Cornell St. 23-27-26-010000-004207 & 5142 Cornell St. 23-27-26-010000-004206

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1985
Lot:
0.16 Acres
Heating:
Central
Price/sqft:
$157
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$320,000
$258K – $340K
Confidence Low
List vs. estimate
At estimate
List $320,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$156
-15.2% vs. city median $184
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,929
2024
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 232726010000004206

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $1,929

  • Source details

    • MLS ID: O6275329

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Fireplace Features: Circulating

    • Laundry Features: Laundry Closet

    • Living Area: 2040

    • Water Source: Public

    • Subdivision Name: LAKE GIBSON POULTRY FARMS INC

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS CLASSIC