201 Ariana Street #1, 2, 3, 4, Lakeland, FL 33803
Local realty services provided by:ERA ONETEAM REALTY
Listed by: stephen hachey
Office: flat fee mls realty
MLS#:TB8493723
Source:MFRMLS
Price summary
- Price:$599,900
- Price per sq. ft.:$228.62
About this home
Exceptional opportunity to acquire a fully occupied, income-producing quadplex in one of Lakeland’s most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern College—driving consistent, high-demand tenancy, particularly among scholars.
Each of the four units is a well-designed 1-bedroom, 1-bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacy—an amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one.
This property presents a strong value-add opportunity for investors looking to maximize returns. With below-market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity.
Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long-term appreciation potential.
Investment Highlights:
Fully occupied 4-unit property – immediate cash flow
All units: 1BR/1BA, ~650 sq ft each
Private screened porches for every unit
Current rents: $1,200/month each unit
Walking distance to Florida Southern College – high student demand
Strong rental market with upside potential
Ideal for investors seeking stable income + value-add growth
This is a rare opportunity to secure a turnkey multi-family property in a high-demand location with built-in income and future upside.
*now priced under appraised value...
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Home facts
- Year built:1925
- Listing ID #:TB8493723
- Added:92 day(s) ago
- Updated:July 09, 2026 at 04:53 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Basement Description:Crawlspace
- Living area:2,624 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:2,624 sq. ft.
- Lot area:0.14 Acres
- Exterior Features:Balcony, Sidewalk
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$228.62
- Tax amount:$4,104 (2025)
Features and amenities
- Amenities:Cable Connected, Ceiling Fans(s)
- Pool features:Public Pool
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