Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
6 Beds
4 Baths
2,400 sqft

$505,000

1125 OLIVE ST, LAKELAND FL, 33815

Price per sqft$210.42
Built in1947
Property size2,400 sqft
Property typeMulti-family
Courtesy of COLDWELL BANKER REALTY, Samuel Rudolph  Listing Contact: 727-822-9111

Overview

Active

Listed Oct 8, 2026

Updated 21h ago

8.3% CAP RATE IN PLACE, 9.3% ON PRO FORMA: FOUR UPDATED UNITS. This turnkey fourplex delivers day one cash flow with rent upside already built into the numbers. Two separate duplexes sit on a combined 0.40-acre lot (including 3 parcels). Building one is a 1947 duplex with 1,120 sq ft, and building two is a 1954 duplex with 1,280 sq ft. All four units have been updated, so the heavy lifting is done. Current operations produce an 8.3% cap rate, and bringing rents to market per the pro forma pushes returns to a 9.3% cap rate. Add value through rent increases and efficient management, not capital projects. Four doors, two buildings, one lot, and a clear path to higher NOI. Request the rent roll and financials today.

$3,360/mo

Est. mortgage payment based on a $505,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
TB8553595

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.4 Acres

Other Property Details

Taxes
$4,641
Tax Frequency
Annually
Association Fee Frequency
Monthly
55+/Senior Community
No

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Suncoast Luxury Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 11:31 PM UTC on 10/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Stellar MLS . All rights reserved.

DMCA Notice

Powered by Luxury Presence