1014 S Tennessee Ave Lakeland, FL 33803
Downtown Lakeland NeighborhoodEstimated payment $4,288/month
Highlights
- Very Popular Property
- Guest House
- Solid Surface Countertops
- Lincoln Avenue Academy Rated A-
- Furnished
- No HOA
About This Home
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 Agent
EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3347541 Listed on: 08/22/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,690
Year Built
- Built in 1920
Home Design
- Triplex
- Bi-Level Home
- Frame Construction
- Shingle Roof
- Metal Roof
Interior Spaces
- 2,019 Sq Ft Home
- Furnished
- Ceiling Fan
- Decorative Fireplace
- Window Treatments
- Family Room Off Kitchen
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Parking Pad
- Driveway
Outdoor Features
- Exterior Lighting
- Rear Porch
Utilities
- Central Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Cable TV Available
Additional Features
- 6,752 Sq Ft Lot
- Guest House
Community Details
- No Home Owners Association
- 3 Units
- 2,019 Sq Ft Building
- Futch & Rogers Sub Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 10 / A
- Assessor Parcel Number 24-28-19-231000-001102
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/22/2025 08/22/25 | For Sale | $699,900 | -- | $347 / Sq Ft |
Source: Stellar MLS
MLS Number: L4955366

APN: 242819231000001102
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