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Angie Gooden

LPT Realty, LLC

agoodenrealtor@gmail.com +1(843) 576-9551

$ 599,900

Est. payment | -/mo

4 Beds

4 Baths

2,624 SqFt

Save Virtual Tour

$ 599,900

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

2,624 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,624 sqft

Price per Sqft $228

Subdivision Dixieland Rev

MLS Listing ID TB8493723

Bedrooms 4

HOA Y/N No

Year Built 1925

Annual Tax Amount $4,103

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x125

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Exceptional opportunity to acquire a fully occupied, income-producing quadplex in one of Lakeland's most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern College—driving consistent, high-demand tenancy, particularly among scholars.

Each of the four units is a well-designed 1-bedroom, 1-bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacy—an amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one.

This property presents a strong value-add opportunity for investors looking to maximize returns. With below-market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity.

Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long-term appreciation potential.

Investment Highlights:

Fully occupied 4-unit property – immediate cash flow
All units: 1BR/1BA, ~650 sq ft each
Private screened porches for every unit
Current rents: $1,200/month each unit
Walking distance to Florida Southern College – high student demand
Strong rental market with upside potential
Ideal for investors seeking stable income + value-add growth

This is a rare opportunity to secure a turnkey multi-family property in a high-demand location with built-in income and future upside.
*now priced under appraised value

Location

State FL

County Polk

Community Dixieland Rev

Area 33803 - Lakeland

Zoning RA-4

Interior

Interior Features Ceiling Fans(s)

Heating Ductless

Cooling Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Balcony, French Doors, Sidewalk

Community Features Street Lights

Utilities Available Cable Connected, Electricity Connected, Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Other

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8493723

Listed by Stephen Hachey FLAT FEE MLS REALTY

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My daughter and I decided to move to Summerville, SC from Kansas last year. We flew out to SC for a few days to look around and at this time, I didn't have a realtor yet. By chance, we stopped at an open house and met Angie!!! She was so nice and easy to talk with, almost like we had known each other for years! The next month, we flew back out and Angie had the day lined up with showings. She was great on pointing out the positives/negatives of each house. She wanted us to feel comfortable about our new home. Angie was extremely helpful with our long distance move. She was always available to answer any questions. We definitely made the right decision on Angie being our realtor!!! DeeAnna

DeeAnna McClendon

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

201 ARIANA ST #1, 2, 3, 4 Lakeland, FL 33803

Angie Gooden

Key Details

Location

Interior

Exterior

Building

Others

201 ARIANA ST #1, 2, 3, 4

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