Skip main navigation
Sold for $550,000
  • $550,000

    1016 MISSISSIPPI AVENUE #101, 102 & 103, LAKELAND, FL 33803

    5beds
    2,454sqft
    Single Family Residence
    Built in 1947
    7,248 Square Feet Lot
    $550,500 Zestimate®
    $224/sqft
    $2,453 Estimated rent

    Home value

    $550,500

    $506,000 - $600,000

    $2,453/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,453/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,453/mo

    Rent Zestimate®

    Refinance and save

    $3,715/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,715/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Exceptional investment opportunity featuring three rental units (101, 102 and 103) across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property. Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities. Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The buildings were completely renovated and remodeled in 2020. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments. An added bonus: the sale includes the existing property website; professionally designed to showcase and advertise the property—offering a turnkey marketing advantage for continued rental success. A well-maintained, income-producing property with solid upgrades and built-in marketing—an outstanding opportunity for investors or owner-occupants alike. Accessible unit will not be ready until the 15th of March.

    Zillow last checked:

    Listing updated:

    Listed by:

    Solomon Gallant 863-608-8882,

    S & D REAL ESTATE SERVICE LLC 863-824-7169

    Bought with:

    Jackson Kimsey, 3608995

    SHAWN R MCDONALD REALTYGRP INC

    Source: Stellar MLS,MLS#: L4959775MLS LogoOriginating MLS: Lakeland

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Primary bedroom
    • Features: Built-in Closet
    • Level: Second
    Kitchen
    • Level: First
    Kitchen
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: Second
    Living room
    • Level: First
    Living room
    • Level: Second
    Living room
    • Level: First
    Living room
    • Level: First
    Living room
    • Level: First
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Other
    • Laundry: Inside
    Features
    • Other
    • Flooring: Luxury Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 2,635
    • Total interior livable area: 2,454 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Other
    Lot
    • Size: 7,248 Square Feet
    • Dimensions: 72.5 x 100
    Details
    • Parcel number: 242819220100013083
    • Zoning: RA-4
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: DIXIELAND ADD/LAKELAND
    HOA
    • Has HOA: No
    Location
    • Region: Lakeland

    Financial & listing details

    • Price per square foot: $224/sqft
    • Annual tax amount: $7,017
    • Date on market: 3/4/2026
    • Cumulative days on market: 34 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/19/2026Sold$550,000-8.2%$224/sqft
    Source: Stellar MLS #L4959775 Report a problem
    4/9/2026Pending sale$599,000$244/sqft
    Source: Stellar MLS #L4959775 Report a problem
    3/4/2026Listed for sale$599,000$244/sqft
    Source: Stellar MLS #L4959775 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: South Lake Morton

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $550,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $550,500