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- Description
- Property Details
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$479,000
Monthly Est:$2,384
6 Beds
- 3 Baths
2,529sqft
542 S & 540 Clayton Ave, Lakeland, FL 33801
$479,000
$2,384/moEst:
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Duplex
Built in 1953
$-- HOA
12,528 sqft lot
$189/sq.ft
Description
Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bath—ideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!
- Houzeo last checked: 3 minutes ago
- Listing updated: October 26, 2026 at 12:55 pm
- Listing Provided by: Debbie Ward-Terry (863) 660-7927 | REGAL REAL ESTATE LLC (863) 660-7927
- Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: L4963551

This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1953
HOA Fees
-
Finished Area
2,529 sqft
Lot Size
12,528 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
L4963551
MLS Status
Active
Days on Market
111
Cumulative Days on Market
103

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Interior
Sewer
Public Sewer
Exterior Features
Outbuildings
Interior Features
Ceiling Fans(s), Eat In Kitchen, Window Treatments
Appliances
Electric Water Heater, Microwave, Range, Refrigerator
Cooling
Central Air
Flooring
Luxury Vinyl
Heating
Electric
Construction
Year Built
Year Built: 1953
Home type
Duplex
Foundation Details
Slab
Construction Materials
Block
Roof
Shingle
Utilities & Energy
Utilities
Cable Connected, Electricity Connected
Water Source
Public
Laundry Features
In Garage, Laundry Room
Other Features
Subdivision Name
Biltmore Park Sub
Price History
| Date | Event | Price |
|---|---|---|
10/21/2026 Source: | Price Decreased | $479,000 -2.04% $189/sqft |
09/24/2026 Source: | Price Decreased | $489,000 -2.18% $193/sqft |
08/31/2026 Source: | Price Decreased | $499,900 -2.93% $198/sqft |
08/10/2026 Source: | Price Decreased | $515,000 -1.90% $204/sqft |
07/15/2026 Source: | Listed for Sale | $525,000 $208/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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