506 S Westgate Avenue, Lakeland, FL 33815

Lakeland
Local realty services provided by:ERA Advantage Realty, Inc.
506 S Westgate Avenue,Lakeland, FL 33815
$249,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 1,813 sq. ft.
  • Multi-family
  • Active
Listed by: joe christian
Office: keller williams realty
MLS#:L4964553
Source:MFRMLS

Price summary

  • Price:$249,000
  • Price per sq. ft.:$137.34

About this home

INVESTMENT OPPORTUNITY NEAR DOWNTOWN LAKELAND! This cement-block duplex features two 2-bedroom, 1-bath units, each offering more than 900 square feet of living area. Both units are currently rented, providing immediate rental income for the new owner. Additional highlights include fenced yards and new roof shingles, fascia and soffits completed in 2026. The property also provides ample off-street parking with six designated spaces. Conveniently located near downtown Lakeland with easy access to shopping, dining, employment and major roadways. Priced below market at $249,000. This income-producing property offers an excellent opportunity to add a solid rental property to your investment portfolio. The rents are below normal rents in the area. The rents in the community range in the $1100 to $1400 per side unit. PLEASE CALL TODAY FOR ADDITIONAL INFORMATION!!

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Home facts

  • Year built:1979
  • Subdivision & Development:WESTGATE
  • Listing ID #:L4964553
  • Added:6 day(s) ago
  • Updated:September 07, 2026 at 12:33 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Kitchen Description:Range, Range Hood
  • Living area:1,813 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1979
  • Building area:1,813 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Near Golf Course, Near Public Transit, Paved, Sidewalk
  • Construction Materials:Block, Concrete
  • Exterior Features:Fence
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Kathleen High
  • Elementary school:Rosabelle W. Blake

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$249,000
  • Price per sq. ft.:$137.34
  • Tax amount:$2,020 (2025)

Features and amenities

  • Appliances:Electric Water Heater, Range, Range Hood
  • Laundry features:Electric Dryer Hookup, Laundry Closet, Washer Hookup
  • Amenities:Cable Connected, Ceiling Fans(s)
  • Pool features:Public Pool
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