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331 W ALAMO DRIVE

Multi-family Recently Sold
$296,000

BTC: 4.62500000

ETH: 164.44444444

Sold on: 2023-04-04
New
4 bds
1,928 sqft

Overview

This great investment property is located off a private driveway in a popular S. Lakeland location close to restaurants, shopping and easy access to the Polk Parkway/I-4. Tucked away in a secluded neighborhood, this duplex has 2 Bedrooms and 1.5 baths on each side and both units have an outside storage room for washer/dryer. Some of the major expenses/repairs have already been done for you. The roof was replaced in 2023. One unit features a screened in porch, newer A/C unit (2019), and a newer refrigerator (2020). That unit has tile flooring in the main areas and carpeting in the bedrooms. The other unit features a covered porch, updated kitchen cabinets and countertops (2017), a newer A/C (2020), and a vinyl fence along the property line (2022). In addition, that unit features a dishwasher, luxury vinyl tile flooring in the living area, tile in the kitchen and carpet in the bedrooms. Both units are tenant occupied with long term tenants.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1980
Lot:
0.20 Acres
Heating:
Central / Electric
Price/sqft:
$150
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$325,000
$283K – $371K
Confidence Low
List vs. estimate
$35K below estimate
List $289,900 · -10.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$150
-20.7% vs. city median $189
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,803
2022
View
Trees/Woods
Pets
Allowed
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Eating Space In Kitchen

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Storage

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 232901000000022280

    • Zoning: RA-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

  • Other financial information

    • Annual tax amount: $1,804

  • Source details

    • MLS ID: L4935713

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Outside

    • Lot Features: City Lot / Street Dead-End

    • Patio And Porch Features: Covered / Porch / Screened

    • Window Features: Blinds

    • Living Area: 1928

    • Water Source: Public

    • Lot Size Dimensions: 103 x 100

    • Subdivision Name: ACREAGE

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: WEBPRO REALTY, LLC