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Sold for $540,000
  • $540,000

    1201 Buddwood Rd, Lakeland, FL 33801

    8beds
    4baths
    3,364sqft
    Quadruplex, Multi Family
    Built in 1976
    -- sqft lot
    $538,000 Zestimate®
    $161/sqft
    $1,563 Estimated rent

    Home value

    $538,000

    $500,000 - $576,000

    $1,563/mo

    Zestimate® history
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    $1,563/mo

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    $3,548/mo

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    $3,548/mo

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    What's special

    Private entrancesFunctional layoutEfficient living spacesNatural light
    Quadruplex investment opportunity at 1201 Buddwood Rd in Lakeland offering approximately 3,364 square feet of total living area across four units on a 16,679 square foot lot (0.38 acres). Built in 1976 and updated in 2021, the property features a functional layout with three of the four units currently occupied, providing immediate income with additional upside potential. Each unit offers a practical floor plan with private entrances, natural light, and efficient living spaces designed for tenant use. The configuration supports consistent occupancy and straightforward management, making it suitable for both experienced and entry level investors. Opportunity exists to increase revenue through lease adjustments, interior improvements, or stabilization of the remaining unit. The property is located in an established Lakeland area with convenient access to Highway 98 and surrounding roadways, providing connectivity to employment centers, shopping, dining, and everyday services. The location supports steady rental demand and long term tenant retention. This asset presents a strong foundation for cash flow with value add potential. Suitable for investors seeking to expand a portfolio or acquire a multi unit property with in place income, operational stability, and future growth opportunity. Note: This cannot be a child-care facility.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tyler Gibson LLC 877-366-2213,

    LPT REALTY, LLC 877-366-2213

    Bought with:

    Mary Lannin, 3568516

    PREMIER SOTHEBYS INTL REALTY

    Source: Stellar MLS,MLS#: O6399970MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Eating Space In Kitchen
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,364 sqft

    Property

    Parking
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Other
    Lot
    • Size: 0.38 Acres
    • Dimensions: 65 x 130
    Details
    • Parcel number: 242817193500004240
    • Zoning: RB-1
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block, Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Public

    Community & neighborhood

    Location
    • Region: Lakeland
    • Subdivision: GOLCONDA

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/12/2026Sold$540,000-1.8%$161/sqft
    Source: Stellar MLS #O6399970 Report a problem
    4/19/2026Pending sale$550,000$163/sqft
    Source: Stellar MLS #O6399970 Report a problem
    4/17/2026Listed for sale$550,000+14.6%$163/sqft
    Source: Stellar MLS #O6399970 Report a problem
    12/23/2024Listing removed$480,000$143/sqft
    Source: Stellar MLS #L4926780 Report a problem
    9/14/2024Listing removed$1,195
    Source: Zillow Rentals Report a problem
    9/10/2024Listed for rent$1,195+71.9%
    Source: Zillow Rentals Report a problem
    12/23/2021Listing removed--
    Source: Stellar MLS #L4926780 Report a problem
    12/8/2021Pending sale$480,000$143/sqft
    Source: Stellar MLS #L4926780 Report a problem
    12/2/2021Listed for sale$480,000$143/sqft
    Source: Stellar MLS #L4926780 Report a problem
    8/17/2015Listing removed$695
    Source: Your Rental Connection Inc. Report a problem
    7/31/2015Listed for rent$695+20.9%
    Source: Your Rental Connection Inc. Report a problem
    2/19/2013Listing removed$575
    Source: Your Rental Connection, Inc. Report a problem
    6/30/2012Listed for rent$575
    Source: Your Rental Connection, Inc. Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Shore Acres

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $538,000
    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
    $538,000