$320,000
- 7 Beds
- 5 Baths
- 2,696 Sq Ft
Unlisted Address
De Bowles ENGEL & VOLKERS ST. PETE
4
Downtown Lakeland Multifamily Homes & Duplexes for Sale
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Unlisted Address
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Explore Downtown Lakeland
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$499,000
- 4 Beds
- 2 Baths
- 1,518 Sq Ft
838 E Lime St, Lakeland, FL 33801
838 E Lime St, Lakeland, FL 33801Sandra Hernandez LA ROSA REALTY INTERNACIONAL LLC
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$825,000
- 6 Beds
- 6 Baths
- 5,060 Sq Ft
701 E Lime St, Lakeland, FL 33801
701 E Lime St, Lakeland, FL 33801Anthony Fridovich REMAX EXPERTS
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$275,000
- 3 Beds
- 2 Baths
- 1,580 Sq Ft
945 E Orange St, Lakeland, FL 33801
945 E Orange St, Lakeland, FL 33801Laurie Bargfeldt FUTURE HOME REALTY INC
Why Live in Downtown Lakeland
Downtown Lakeland is a vibrant neighborhood at the city's center, known for its unique dining options and local shopping within a walkable layout featuring wide stone sidewalks. The area hosts food and craft fairs and boasts niche boutique stores selling restored furniture and other unique items. Residents can enjoy the scenic Mirror Lake, the Frances Langford Promenade, and Hollis Gardens. The Lake Morton Historic District on the south end showcases early 20th-century architecture, including buildings designed by Frank Lloyd Wright. Dining options include upscale Nineteen61, offering modern Spanish cuisine, and Harry’s Seafood Bar & Grille, known for its New Orleans-inspired dishes. The neighborhood has a crime rate comparable to the national average, with recent security enhancements including 14 new cameras in commercial districts. Downtown Lakeland hosts the annual Mayfaire-by-the-Lake Art Festival and a popular Christmas Parade. Housing options range from colorful 1920s bungalows to Spanish Revival-style houses and modern Craftsmen-style bungalows. Highly rated schools include McKeel Academy Central, McKeel Academy of Technology, and Lawton Chiles Middle Academy. The neighborhood is well-connected with U.S. Route 98 and Route 92, and residents have access to Interstate 4, CitrusConnection bus service, and an Amtrak station. Nearby amenities include the Lakeland Linder International Airport and Lakeland Regional Health Medical Center.
Home Trends in Downtown Lakeland, FL
On average, homes in Downtown Lakeland, Lakeland sell after 6 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Lakeland, Lakeland over the last 12 months is $707,000, up 11% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$707,000
Median Single Family Sale Price
$355,099
Average Price Per Sq Ft
$179
Number of Homes for Sale
1
Last 12 months Home Sales
2
Months of Supply
6.00
Median List Price
$381,999
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
11%
In Downtown Lakeland, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $275,000 to $825,000, there's something for every budget. As of August, 2025 the median home price in Downtown Lakeland, Lakeland is $381,999, while the average sale price is $707,000, providing insight into local market trends. On average, multi-family homes spend 6 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Downtown Lakeland, Lakeland.
Downtown Lakeland Types of Homes for Sale
Downtown Lakeland Real Estate Listings
More About Living in Downtown Lakeland
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