515 DUCHESS COURT Lakeland, FL
$ 396,000
Property Attributes
  • ID#L4922648
  • TypePending
  • CountyPOLK
  • CityLakeland
  • AreaLakeland
  • Zip33803
  • StyleQuadruplex
  • Year Built1972
  • Taxes$ 2489
  • Price$ 396,000
  • Bedrooms20
  • Full Bathrooms13
  • Half Bathrooms0
  • Sqr Footage3304
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
Data Source:
Stellar MLS
Property Description

Incredible location with serious upside income potential. Quadplex containing 2 units that are 2/1.5 and 2 units are 2/1. Property is block construction and was re-plumbed in 2012. Each unit has a separate electric meter but water is paid by owner. Assigned parking in front with shared private green space for tenants. Includes a coin operated laundry room creating additional income. Each unit is occupied but the tenants are month-to-month or with current lease expiring shortly. With a little work units can rent for so much more. Each unit contains a refrigerator, stove, microwave, ceiling fans and dishwasher. Cap rate currently exceeds 7%. This is a rare opportunity to purchase multi-family block construction units in a highly desirable location.

Elementary School Middle School High School
Southwest Elem Southwest Middle School Kathleen High
Price History
5/10/2021 Listed $396,000

General Features

Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Construction Materials Block
Cooling Central Air
Elementary School Southwest Elem
Exterior Features Other
Flooring Carpet, Ceramic Tile, Vinyl
Heating Central
High School Kathleen High
Interior Features Living Room/Dining Room Combo
MLS Area 33803 - Lakeland
Middle/Junior High School Southwest Middle School
Other Structures Other
Parking Features Assigned
Patio/Porch Features Porch
Pet Restrictions Some units have pets per lease.
Pets Allowed Yes
Property SubType Quadruplex
Property Type Residential Income
Roof Built-Up
Sewer Public Sewer
Special Listing Conditions None
Status Pending
Terms Cash, Conventional
Total Num Buildings 1
Total Units 4
Township 28
Utilities Cable Connected, Public
Year Built 1972

Interior Features

Laundry Features Laundry Room
Living Area 3304.00
Unit Count 4

Exterior Features

Building Area Total 3666.00
Foundation Details Slab
Lot Features In City Limits
Lot Size Acres 0.19
Lot Size Square Feet 8276


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33803

AVG $290K
AVG $2,390
AVG 77
Year Built
AVG 1965

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