704 W Alamo Drive, Lakeland, FL 33813
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: stephen hachey
Office: flat fee mls realty
MLS#:TB8463540
Source:MFRMLS
Price summary
- Price:$449,000
- Price per sq. ft.:$219.02
About this home
Buyer incentive available: Receive up to 1perc. lender credit toward closing costs when using preferred lender Monica Bishop with Benchmark Mortgage (not to exceed $5,590). Terms apply. Ask agent for details.
Cash-flowing duplex investment in South Lakeland with separate utilities, strong rental demand, and immediate upside. Located at 704–706 W Alamo Drive, this turnkey multi-family property offers a rare opportunity to own an income-producing asset in a rapidly appreciating area.
Each unit features private entrances, updated interiors, and durable luxury vinyl plank flooring throughout. One unit is vacant and move-in ready — perfect for house hacking or an owner-occupant. The second unit is tenant-occupied on a month-to-month lease, providing flexibility for investors.
Bonus features include an enclosed garage, covered carport, off-street parking, and a large yard with outbuilding/workshop potential. No HOA. Flood zone X.
This property is ideal whether you’re building a rental portfolio, looking for low-maintenance cash flow, or seeking future redevelopment potential close to downtown Lakeland, shopping, dining, and major roadways.
Income-producing properties like this are rare in today’s market.
Contact an agent
Home facts
- Year built:1977
- Listing ID #:TB8463540
- Added:9 day(s) ago
- Updated:January 23, 2026 at 04:16 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Living area:2,050 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Metal
- Year built:1977
- Building area:2,050 sq. ft.
- Lot area:0.34 Acres
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$449,000
- Price per sq. ft.:$219.02
- Tax amount:$4,184 (2025)
New listings near 704 W Alamo Drive
- New
$325,500Active3 beds 2 baths1,546 sq. ft.412 Emerald Cove Loop, LAKELAND, FL 33813
MLS# L4958355Listed by: FLORIDA REAL ESTATE COMPANY - New
$285,000Active3 beds 2 baths1,372 sq. ft.8053 Kaitlin Circle, LAKELAND, FL 33810
MLS# L4958752Listed by: KELLER WILLIAMS REALTY SMART - New
$305,000Active4 beds 2 baths1,545 sq. ft.5111 Willowbrook Lane, LAKELAND, FL 33811
MLS# TB8467713Listed by: JASON MITCHELL REAL ESTATE FLO - New
$665,000Active4 beds 4 baths3,213 sq. ft.5905 Magnolia Lane, LAKELAND, FL 33810
MLS# L4958649Listed by: PREMIER REALTY NETWORK, INC - New
$465,000Active4 beds 2 baths2,353 sq. ft.6786 Highlands Creek, LAKELAND, FL 33813
MLS# L4958669Listed by: REGAL REAL ESTATE LLC - New
$339,900Active5 beds 4 baths1,176 sq. ft.907 N Wabash Avenue, LAKELAND, FL 33815
MLS# S5142197Listed by: JASON MITCHELL REAL ESTATE FLO - New
$239,900Active2 beds 2 baths905 sq. ft.2308 Everett Street, LAKELAND, FL 33801
MLS# TB8467014Listed by: KELLY RIGHT REAL ESTATE - New
$210,000Active4 beds 3 baths1,536 sq. ft.1112 W 12th Street, LAKELAND, FL 33805
MLS# TB8467575Listed by: MEGA PROPERTY SOLUTIONS - New
$675,000Active3 beds 3 baths2,382 sq. ft.6930 Poley Creek Drive W, LAKELAND, FL 33811
MLS# L4958565Listed by: REMAX EXPERTS - New
$225,000Active0.9 Acres2577 Rogers Rd, LAKELAND, FL 33812
MLS# L4958812Listed by: XCELLENCE REALTY, INC