1. Florida
  2. Lakeland
  3. 1014 S TENNESSEE AVENUE
$699,900

1014 S TENNESSEE AVENUE, Lakeland, FL 33803

  • 5 beds |
  • 3 baths |
  • 2,019 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $347/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Prime Location– TURNKEY MULTI-UNIT Investment Property! (All 3 units are currently listed on AIR B&B & VRBO.) Minutes from downtown Lakeland, this historic gem offers walking-distance access to award-winning restaurants, shopping, weekend markets, entertainment, and more. Just a short 5-minute stroll to Lake Hollingsworth and Lake Morton, this property combines charm, convenience, and strong income potential. Main Bungalow (Front Blue House) – Updated 2BR/1BA that's been fully remodeled, NEW metal roof (2024), and NEW AC (2023), entire outside of home & back unit have been repainted. Move-in ready and beautifully maintained. Detached Two Story back units– Downstairs Unit (2BR/1BA): Brand new tile flooring, remodeled bathroom, and an updated kitchen. New A/C window units. Upstairs Unit (1BR/1BA): Fully remodeled in 2025 with brand new kitchen cabinets & appliances, with all-new finishes & modern upgrades. 3 rental units that produce amazing income returns for an investor. All units are currently operating as successful short-term rentals (Airbnb & VRBO). Seller can provide full rental history and income documentation. YTD income already exceeds $41,000 with additional upside as the upstairs unit has only recently come online after its remodel in April. These properties come FULLY FURNISHED & TURNKEY READY! Flexible use: Live in one unit and rent the others, or keep as a high-performing investment property. This is a rare opportunity to own a fully updated multi-unit property in the heart of Lakeland with immediate income and long-term growth potential.

Listing Status:
Active
Date Added:
August 22, 2025 at 05:00AM
Listing Office:
EXP REALTY LLC : 888-883-8509
Listing Agent:
Heather Padgett : 863-225-3632
MLS ID:
L4955366
  • General: Ceiling Fan(s)Eating Space In KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboSolid Surface CountersWindow Treatments
  • Appliances: DishwasherDryerMicrowaveRangeRefrigeratorWasher
  • Laundry: Inside
  • Flooring: Luxury VinylTile
  • A/C: Central AirWall/Window Unit(s)
  • Heating: CentralWall Units / Window Unit
  • Fireplace: DecorativeFireplace

This listing courtesy of Heather Padgett, EXP REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dixieland Elementary School

416 Ariana St, Lakeland, FL, 33803

Grades KG-5

0.44 miles away

L

Lakeland Montessori Middle School

1124 N Lake Parker Ave, Lakeland, FL, 33805

Grades 6-8

0.68 miles away

L

Lakeland Senior High School

726 Hollingsworth Rd, Lakeland, FL, 33801

Grades 9-12

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.