$699,900

1014 S Tennessee Ave Lakeland, FL 33803

Downtown Lakeland Neighborhood

Estimated payment $4,280/month

Total Views 1,776
2 Beds
1 Bath
2,019 Sq Ft
$347 Price per Sq Ft

Highlights

  • Guest House
  • Furnished
  • No HOA
  • Lincoln Avenue Academy Rated A-
  • Solid Surface Countertops
  • Family Room Off Kitchen

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

Heather Padgett

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3347541 Listed on: 08/22/2025

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,690

Year Built

  • Built in 1920

Lot Details

  • 6,752 Sq Ft Lot
  • West Facing Home
  • Historic Home
  • Property is zoned MF-12

Home Design

  • 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

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Pad
  • Alley Access
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Rear Porch

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Futch & Rogers Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,690

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historic
  • Construction Materials: Frame
  • Fireplace: Yes
  • Living Area: 2019
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1920
  • Building Area Total: 2019
  • Lot Size Sq Ft: 6752
  • Directions to Property: Go North on S Florida Ave, Turn down Tennessee, house will be on your right. 1012 is the main Blue house, 1014 is the back apartments.
  • Status: Active
  • Street Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 346.66
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: Two
  • Street Number Modifier: 1014
  • Living Area Meters: 187.57
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Other Structures: Guest House
  • Exterior Features: Lighting, Sidewalk
  • Roof: Metal, Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Porch, Rear Porch, Side Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0315G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Alley Access, Driveway, Guest, Parking Pad

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: MF-12
  • Parcel Number: 24-28-19-231000-001102
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 627

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 5690
  • Tax Block: A
  • Tax Book Number: 2-118
  • Tax Lot: 10

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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Source: Stellar MLS

MLS Number: L4955337

Stellar MLS

APN: 242819231000001102

Florida Polk County Lakeland 33803 Downtown Lakeland

1014 S Tennessee Ave, Lakeland, FL

This home is located at 1014 S Tennessee Ave, Lakeland, FL 33803 and is currently priced at $699,900, approximately $346 per square foot. This property was built in 1920. 1014 S Tennessee Ave is a home located in Polk County with nearby schools including Philip O'brien Elementary School, Rochelle School Of The Arts, and Winston Academy of Engineering.

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

Nearby Homes
Heather Padgett
Listing Agent
Heather Padgett
Section Image
EXP REALTY LLC
(863) 334-2204