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- Description
- Property Details
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- Facts & Features
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$499,000
Monthly Est:$2,484
-- Bed
-- Bath
2,048sqft
902 E Lime St, Lakeland, FL 33801
$499,000
$2,484/moEst:
Get Pre-Approved
Quadruplex
Built in 1948
$-- HOA
10,001 sqft lot
$244/sq.ft
Description
Fully leased four-unit investment opportunity near Downtown Lakeland! Located at 902-904 E Lime Street, this income-producing property features four residential units, each offering 1 bedroom, 1 bathroom, a kitchen, and living area. Two units are located within the main residence, with two additional units situated in the detached rear building, creating a unique multifamily configuration with separation between the structures.
All four units are currently leased and generate approximately $4,450 per month in gross rental income. The owner currently pays utilities, averaging approximately $634 per month, providing prospective investors with established income and operating history from day one. The property has also demonstrated a strong history of occupancy; prior marketing materials report that it maintained full occupancy for more than a decade.
Situated in the Downtown Lakeland area, the property offers convenient access to shopping, dining, employment centers, major roadways, and the amenities of Lakeland’s urban core.
With 100% current occupancy, $53,400 in annual gross rental income based on current rents, and four self-contained living units, this is an opportunity to acquire an established multifamily property in a central Lakeland location. Please do not disturb tenants. Showings by appointment only. Buyer to verify all measurements, unit information, leases, income, expenses, zoning, and property details.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 2, 2026 at 10:49 am
- Listing Provided by: Tony Acosta (863) 224-5956 | CENTURY 21 MYERS REALTY (863) 875-5656
- Source: Stellar MLS-FL | MLS#: L4965488
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1948
HOA Fees
-
Finished Area
2,048 sqft
Lot Size
10,001 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
L4965488
MLS Status
Active
Days on Market
6
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Mini Split Unit(s)
Interior Features
Ceiling Fans(s)
Exterior Features
Fence, Sidewalk
Window Features
Blinds
Flooring
Carpet, Ceramic Tile, Laminate
Appliances
Microwave, Range, Refrigerator
Heating
Propane
Construction
Year Built
Year Built: 1948
Home type
Quadruplex
Foundation Details
Crawlspace
Property Condition
Completed
Roof
Shingle
Construction Materials
Frame
Utilities & Energy
Parking Features
Driveway, Ground Level, Off Street, Parking Pad
Laundry Features
Common Area, Electric Dryer Hookup, Washer Hookup
Water Source
Public
Utilities
Bb/hs Internet Available, Cable Available, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
Security Features
Smoke Detector(s)
Other Features
Patio And Porch Features
Enclosed, Front Porch
Subdivision Name
Mortons Add
Lot Features
Historic District, City Limits, Sidewalk, Paved
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Listed for Sale | $499,000 $244/sqft |
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Based on information from Stellar MLS® through Oct 08, 2026, 07:00AM 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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