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House for sale at 542 S & 540 Clayton Ave, Lakeland, FL 33801 | MLS# L4963551 | Listing updated on 2026-10-26
Photo 1 of House for sale at 542 S & 540 Clayton Ave, Lakeland, FL 33801 | MLS# L4963551 | Listing updated on 2026-10-26
Photo 2 of House for sale at 542 S & 540 Clayton Ave, Lakeland, FL 33801 | MLS# L4963551 | Listing updated on 2026-10-26
Photo 3 of House for sale at 542 S & 540 Clayton Ave, Lakeland, FL 33801 | MLS# L4963551 | Listing updated on 2026-10-26
Photo 4 of House for sale at 542 S & 540 Clayton Ave, Lakeland, FL 33801 | MLS# L4963551 | Listing updated on 2026-10-26
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$479,000

Monthly Est:$2,384

  • Beds Icon6 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,529sqft

542 S & 540 Clayton Ave, Lakeland, FL 33801

$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 Stellar MLS-FL as distributed by MLS GRID

This condo is in:

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Polk County

  • City

    Lakeland

  • 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

DateEventPrice

10/21/2026

Source: mls_logoStellar MLS-FL #MFRL4963551

Price Decreased

$479,000 -2.04%

$189/sqft

09/24/2026

Source: mls_logoStellar MLS-FL #MFRL4963551

Price Decreased

$489,000 -2.18%

$193/sqft

08/31/2026

Source: mls_logoStellar MLS-FL #MFRL4963551

Price Decreased

$499,900 -2.93%

$198/sqft

08/10/2026

Source: mls_logoStellar MLS-FL #MFRL4963551

Price Decreased

$515,000 -1.90%

$204/sqft

07/15/2026

Source: mls_logoStellar MLS-FL #MFRL4963551

Listed for Sale

$525,000

$208/sqft

Nearby Homes

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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