$695,000
Active214 N Chestnut Rd #6, Lakeland, FL 33815
2,975 sq ft
Listing courtesy of LOKATION · MLS# TB8534756
51 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
Fully leased 6-unit multifamily in the heart of Lakeland — six 1BD/1BA units at approximately 496 sq ft each, all occupied and producing from day one. Every unit has its own electric meter and central A/C, keeping tenants self-sufficient and owner expenses lean. Solid concrete construction means durability and low maintenance year after year. City water with private septic. Steps from the best of downtown: Lake Mirror, Hollis Garden, Bonnet Springs Park, the Polk Theatre, and Florida Southern College. True turnkey cash flow in one of Central Florida's fastest-growing markets — the kind of asset that rarely comes available.
Facts
- Property type
- Multi-Family 5+
- Year built
- 1982
- Flood zone
- X
- Annual taxes
- $11,702/yr
- Listed
- 2026-07-31
- MLS #
- TB8534756
Commercial details
Building & site
- Building size
- 3,999 SF
- Lot size
- 0.2 acres (8,756 SF)
- Zoning
- PUD
- Road frontage
- City Street
- Buildings
- 1
- Occupancy
- Tenant-occupied
Investor metrics
- Price per SF (MLS)
- $173.79/SF
- Gross income
- $74,400/yr
- Units
- 6
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
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214 N Chestnut Rd #6, Lakeland, FL 33815
Listing courtesy of LOKATION · MLS# TB8534756 · Active
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



