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1112 W 12TH STREET

House For Sale
$199,000

BTC: 2.50314465

ETH: 81.82565789

23 days
4 bds
2 ba
1,536 sqft

Overview

Excellent Investment Opportunity with Strong Income Potential! Whether you're looking to start or expand your real estate portfolio, this property offers an attractive combination of immediate rental income and additional income potential. The property currently features 3 income-producing units generating approximately $1,900 month. In addition, there is a separate independent space with an estimated rental potential of approximately $1,400 month, creating an opportunity to significantly increase the property's overall cash flow. Income Potential: * Current rental income: $1,900/month * Additional projected rental income: $1,400/month * Total potential gross income $3,300/month * Potential gross annual income: $39,600/year before expenses With multiple income streams and the opportunity to build long-term equity, this property could be a great addition to an investment portfolio. Don't miss this opportunity! Contact us today to schedule your private showing and explore the income potential this property has .

Location

Florida • LAKELAND • 33805 • House • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1926
Lot:
0.14 Acres
Heating:
Central
Price/sqft:
$130
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$298,750
$237K – $337K
Confidence Low
List vs. estimate
$99K below estimate
List $199,000 · -33.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$129
-34.7% vs. city median $198
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,811
2025
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • High Ceilings

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Private Mailbox / Private Yard

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 232812046000002140

    • Zoning: RA-4

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,811

  • Source details

    • MLS ID: TB8554581

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Washer Hookup

    • Direction Faces: North

    • Living Area: 1536

    • Water Source: Public

    • Lot Size Dimensions: 106 x 117

    • Subdivision Name: PARKLAND ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33805
110
median $249K
Active
Same city
LAKELAND
1,336
median $329K
Active
Same type
House
956
median $350K
Active
Similar price
$139K – $258K
262
median $199K
Active

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: MEGA PROPERTY SOLUTIONS