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901 PENNSYLVANIA AVENUE

Multi-family For Sale
$670,000

BTC: 10.35228677

ETH: 352.14228651

3 days
16 bds
3,272 sqft

Overview

GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential. The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential. LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences. Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential. 4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.

Location

Florida • LAKELAND • 33803 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
On Street
Year Built:
1902
Lot:
0.10 Acres
Heating:
Central
Price/sqft:
$205
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$6,997
2025
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Gas Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 16

  • Parking

    • On Street

    Property

    • Levels: Two

    • Exterior Features: Other / Sidewalk

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 242819231500003141

    • Zoning: C-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Natural Gas Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $6,997

  • Source details

    • MLS ID: O6433196

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Other

    • Patio And Porch Features: Covered / Front Porch

    • Living Area: 3272

    • Water Source: Public

    • Lot Size Dimensions: 84 x 50

    • Subdivision Name: SCOTTS LAKELAND HEIGHTS

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
33803
117
median $345K
Active
Same city
LAKELAND
1,259
median $333K
Active
Same type
Multi-family
24
median $345K
Active
Similar price
$468K – $871K
192
median $575K
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: LIST-A-HOUSE REALTY, LLC