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Street View
$225,000
Monthly Est:$1,120
4 Beds
2 Baths2 full baths
1,146sqft
1235 Morgan Dr, Lakeland, FL 33801
$225,000
$1,120/moEst:
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Single Family Residence
Built in 1958
$-- HOA
7,379 sqft lot
$196/sq.ft
Description
Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2027 at $1,875/month (plus tenant pays for a $60 benefits package). Built 1958, 1,146 sqft. The 3/2 configuration is the gold standard in single-family rental, commanding top-of-market rent and longer average tenancy. List $225,000 / estimated ARV $275,000, providing strong equity-capture margin. Lease expiration aligns with peak Florida leasing season for an ideal renewal or rent-reset window. Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of Florida's strongest appreciation paths.
Photo disclosure: Listing photos were taken prior to current tenant occupancy and may not reflect the property's present condition. Showings by appointment with required notice to tenant. Buyer and buyer's agent to verify all material facts. Sellers have never occupied this property.
- Houzeo last checked: 3 minutes ago
- Listing updated: September 25, 2026 at 2:03 pm
- Listing Provided by: Bradley Dreher (863) 346-0500 | GRAYSTONE REAL ESTATE (727) 201-4011
- Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: TB8501961
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
1,146 sqft
Lot Size
7,379 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
TB8501961
MLS Status
Active
Days on Market
185
Cumulative Days on Market
132
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Primary Bedroom
Level: First
Area: 144.00 Square Feet
Dimensions: 12x12
Kitchen
Level: First
Area: 120.00 Square Feet
Dimensions: 10x12
Living Room
Level: First
Area: 110.00 Square Feet
Dimensions: 11x10
Interior
Heating
Electric
Cooling
Central Air
Exterior Features
Other
Interior Features
Ninguno
Appliances
None
Sewer
Other
Flooring
Tile
Construction
Year Built
Year Built: 1958
Home type
Single Family Residence
Foundation Details
Block
Construction Materials
Block
Roof
Shingle
Utilities & Energy
Water Source
None
Laundry Features
Electric Dryer Hookup, Washer Hookup
Utilities
Public
Other Features
Subdivision Name
Woodland Estates
Price History
| Date | Event | Price |
|---|---|---|
09/16/2026 Source: #MFRTB8501961 | Price Decreased | $199,000 -0.50% $174/sqft |
08/29/2026 Source: | Price Decreased | $199,990 -4.77% $175/sqft |
08/17/2026 Source: | Price Decreased | $210,000 -4.50% $183/sqft |
07/27/2026 Source: | Listed for Sale | $219,900 -2.27% $192/sqft |
07/27/2026 Source: | Price Increased | $225,000 +2.32% $196/sqft |
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Based on information from Stellar MLS® through Nov 04, 2026, 08:45AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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