$574,400
$76K PRICE DROP

4059 Orange Ave SE Lakeland, FL 33812

Estimated payment $3,558/month

Total Views 5,382
-- Bed
6 Baths
1,728 Sq Ft
$332 Price per Sq Ft

About This Home

6 unit apartment complex 100% occupied!! (All apartments are studios) 1031 TAX EXCHANGE friendly!!! Please bring all offers, seller likes to negotiate! (Three duplexes on a corner lot property). all apartments have separate electric meters. Every Duplex has their own septic tank. Septic Tanks were installed in 2021. Total monthly Income is $5,900 X 12 months = Gross income is $70,800 per year with a net income of $57,297. CASH COW ALERT!! Located in the heart of highland city Lakeland florida close to Publix, Lowe’s, Home Depot, Walmart and other major stores. Property water service is on public water. Call today to schedule a walk Thru today!

Listing Agent

Ramsey Lahham

YOU FIRST REALTY AND ASSOC LLC Brokerage Phone: 813-458-6686 License #3264260 Listed on: 05/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,303

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 130x127

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 6 Bathrooms
  • 1,728 Sq Ft Home
  • Crawl Space

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 2 / 3
  • Assessor Parcel Number 24-29-14-283000-070320

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units
  • Haskell Subdivision

Building Details

  • Operating Expense $13,503
  • Gross Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,303

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 1728
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 16553
  • Directions to Property: 540 East to Right on 9th St to Orange Ave. Across street from Highland City Elementary
  • Status: Active
  • Street Post Direction: SE
  • Ownership: Fee Simple
  • Escrow City: Tampa
  • Escrow Postal Code: 33618
  • Escrow State: FL
  • Escrow Street Name: N. Dale Mabry Hwy. Ste 224
  • Escrow Street Number: 10330
  • List Office Head Office Key Nume: 164165950
  • RATIO Current Price By Calculate: 332.41
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 813-458-6686
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Crawlspace, Slab
  • Street Number Modifier: 4059
  • Living Area Meters: 160.54

Exterior Features

  • Exterior Features: Other
  • Roof: Metal, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 24-29-14-283000-070320
  • Additional Parcels: No
  • Lot Dimensions: 130x127
  • Flood Zone Code: X
  • Lot Size Square Meters: 1538

Green Features

  • Green Verification Count: 0

Multi Family

  • Gross Income: 70800
  • Number Of Units Total: 6
  • Total Num Buildings: 3
  • Unit Count: 6

Tax Info

  • Tax Annual Amount: 6303
  • Tax Block: 3
  • Tax Book Number: 1-5A
  • Tax Lot: 2

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,566 $263,088 -- --
2024 $3,956 $239,171 -- --
2023 $3,956 $217,428 $12,000 $205,428
2022 $3,730 $201,749 $10,000 $191,749
2021 $1,894 $61,232 $0 $0
2020 $1,732 $55,665 $15,000 $40,665
2018 $1,633 $57,699 $15,000 $42,699
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Price Changed $574,400 0.0% $332 / Sq Ft
09/13/2025 09/13/25 Price Changed $574,500 0.0% $332 / Sq Ft
09/09/2025 09/09/25 Price Changed $574,600 0.0% $333 / Sq Ft
09/02/2025 09/02/25 Price Changed $574,700 0.0% $333 / Sq Ft
08/30/2025 08/30/25 Price Changed $574,800 0.0% $333 / Sq Ft
08/28/2025 08/28/25 Price Changed $574,900 -0.8% $333 / Sq Ft
08/25/2025 08/25/25 Price Changed $579,600 0.0% $335 / Sq Ft
08/22/2025 08/22/25 Price Changed $579,700 0.0% $335 / Sq Ft
08/21/2025 08/21/25 Price Changed $579,800 0.0% $336 / Sq Ft
08/16/2025 08/16/25 Price Changed $579,900 -1.7% $336 / Sq Ft
08/11/2025 08/11/25 Price Changed $589,800 0.0% $341 / Sq Ft
08/04/2025 08/04/25 Price Changed $589,900 -1.5% $341 / Sq Ft
08/03/2025 08/03/25 Price Changed $598,800 0.0% $347 / Sq Ft
08/01/2025 08/01/25 Price Changed $598,900 -0.1% $347 / Sq Ft
07/27/2025 07/27/25 Price Changed $599,700 0.0% $347 / Sq Ft
07/24/2025 07/24/25 Price Changed $599,800 0.0% $347 / Sq Ft
07/16/2025 07/16/25 Price Changed $599,900 -1.6% $347 / Sq Ft
07/15/2025 07/15/25 Price Changed $609,800 0.0% $353 / Sq Ft
07/09/2025 07/09/25 Price Changed $609,900 -1.5% $353 / Sq Ft
07/08/2025 07/08/25 Price Changed $618,900 -0.1% $358 / Sq Ft
07/04/2025 07/04/25 Price Changed $619,800 0.0% $359 / Sq Ft
07/02/2025 07/02/25 Price Changed $619,900 -0.8% $359 / Sq Ft
06/26/2025 06/26/25 Price Changed $624,900 -0.7% $362 / Sq Ft
06/25/2025 06/25/25 Price Changed $629,500 0.0% $364 / Sq Ft
06/22/2025 06/22/25 Price Changed $629,600 0.0% $364 / Sq Ft
06/19/2025 06/19/25 Price Changed $629,700 0.0% $364 / Sq Ft
06/17/2025 06/17/25 Price Changed $629,800 0.0% $364 / Sq Ft
06/12/2025 06/12/25 Price Changed $629,900 -1.3% $365 / Sq Ft
06/11/2025 06/11/25 Price Changed $638,500 -0.2% $370 / Sq Ft
06/11/2025 06/11/25 Price Changed $639,500 0.0% $370 / Sq Ft
06/08/2025 06/08/25 Price Changed $639,600 0.0% $370 / Sq Ft
06/05/2025 06/05/25 Price Changed $639,700 0.0% $370 / Sq Ft
06/03/2025 06/03/25 Price Changed $639,800 0.0% $370 / Sq Ft
06/01/2025 06/01/25 Price Changed $639,900 -1.5% $370 / Sq Ft
05/27/2025 05/27/25 For Sale $649,900 -- $376 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $259,000 United Title Affiliates
Warranty Deed $52,000 --
Warranty Deed $37,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,500 New Conventional
Closed $75,000 Construction
Previous Owner $125,000 Balloon
Previous Owner $47,000 Unknown
Previous Owner $50,000 Commercial
Source: Public Records

Source: Stellar MLS

MLS Number: TB8390061

Stellar MLS

APN: 24-29-14-283000-070320

Florida Polk County Lakeland 33812

4059 Orange Ave SE, Lakeland, FL

This home is located at 4059 Orange Ave SE, Lakeland, FL 33812 and is currently priced at $574,400, approximately $332 per square foot. This property was built in 1950. 4059 Orange Ave SE is a home located in Polk County with nearby schools including Highland City Elementary School, Bartow Elementary Academy, and Bartow Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Ramsey Lahham
Listing Agent
Ramsey Lahham
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YOU FIRST REALTY AND ASSOC LLC
(863) 599-5804