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611 N LINCOLN AVENUE

House For Sale
$185,000

BTC: 2.37743366

ETH: 77.08333333

1 days
3 bds
2 ba
1,326 sqft

Overview

Income-producing investment opportunity just minutes from Downtown Lakeland! This 3-bedroom, 2-bath single-family home is currently tenant occupied, with each of the three bedrooms individually rented and tenants sharing the common areas. The home is furnished, and current rents include utilities and Wi-Fi. The property is currently generating $555 a week in gross rental income, providing an established income stream for a potential investor. Additional flex space offers options for an office, hobby area, storage, or other non-bedroom use. Conveniently located near Downtown Lakeland with easy access to shopping, dining, major roadways, and area amenities. Excellent opportunity for an investor looking to add an income-producing property to their portfolio or for a buyer considering future alternative uses. Tenant occupied. Please do not disturb tenants. Showings by appointment only.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1937
Lot:
0.14 Acres
Heating:
Central
Price/sqft:
$140
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$185,000
$89K – $353K
Confidence Low
List vs. estimate
At estimate
List $185,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$139
-30.0% vs. city median $199
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,072
2025
All facts and features
  • Flooring

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Microwave

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 232813067500004080

    • Zoning: MF-22

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

  • Other financial information

    • Annual tax amount: $2,072

  • Source details

    • MLS ID: L4964435

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: In Garage / Other

    • Direction Faces: North

    • Living Area: 1326

    • Water Source: None

    • Subdivision Name: BOWYERS SUB

Private inquiry
Talk to the advisor on this listing.
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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: LA ROSA REALTY PRESTIGE