902 E Lime Street, Lakeland, FL 33801

Lakeland
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
902 E Lime Street,Lakeland, FL 33801
$499,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,048 sq. ft.
  • Multi-family
  • Active
Listed by: tony acosta
Office: century 21 myers realty
MLS#:L4965488
Source:MFRMLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$178.02

About this home

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...

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Home facts

  • Year built:1948
  • Subdivision & Development:MORTONS ADD
  • Listing ID #:L4965488
  • Added:6 day(s) ago
  • Updated:October 08, 2026 at 12:57 PM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile, Laminate
  • Kitchen Description:Microwave, Range, Refrigerator
  • Basement Description:Crawlspace
  • Living area:2,048 sq. ft.

Heating and cooling

  • Cooling:Mini-Split Unit(s)
  • Heating:Propane

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Building area:2,048 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Paved, Sidewalk
  • Construction Materials:Frame
  • Exterior Features:Enclosed, Fence, Front Porch, Sidewalk
  • Levels:1 Story

Schools

  • High school:Lakeland Senior High
  • Middle school:Sleepy Hill Middle
  • Elementary school:Philip OBrien Elementary

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$178.02
  • Tax amount:$2,187 (2025)

Features and amenities

  • Appliances:Microwave, Range, Refrigerator
  • Laundry features:Electric Dryer Hookup, In Common Area, Washer Hookup
  • Amenities:BB/HS Internet Available, Cable Available, Ceiling Fans(s)
  • Pool features:Public Pool

Parking

  • Parking description:Driveway, Ground Level, Off Street, Parking Pad
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