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For sale
  • $499,000

    2929 NINE IRON DRIVE, LAKELAND, FL 33801

    8beds
    4baths
    3,400sqft
    : 
    $3,341/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1983
    -- sqft lot
    $488,900 Zestimate®
    $147/sqft
    $-- HOA

    What's special

    Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive in Lakeland, this rare multifamily property includes three occupied units and one vacant unit, providing immediate rental income while offering flexibility to lease the vacant unit at current market rates or occupy it yourself. Each unit features 2 bedrooms, 1 full bathroom, and washer/dryer hookups for added tenant convenience. Both duplexes received new roofs in 2019, helping reduce future maintenance costs. Ideally situated in a central Lakeland location, the property offers easy access to shopping, dining, schools, major roadways, and everyday conveniences, making it highly desirable for tenants and supporting strong long-term rental demand. Whether you're looking to expand your investment portfolio or acquire a well-positioned multifamily asset, opportunities like this are rare. With established rental income, additional upside through the vacant unit, and a prime location, this is an investment you won't want to miss.
    19 days
    |
    329
    |
    19
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Derek McGehee 309-265-8257,

    ALL COUNTY POLK PROPERTY MANAG 863-510-5965

    Source: Stellar MLS,MLS#: L4963478MLS LogoOriginating MLS: Lakeland

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Electric Dryer Hookup, Laundry Closet, Washer Hookup
      Features
      • Primary Bedroom Main Floor, Thermostat
      • Has fireplace: No
      Interior area
      • Total structure area: 3,880
      • Total interior livable area: 3,400 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Lighting
      Lot
      • Size: 0.35 Acres
      • Dimensions: 78 x 180
      Details
      • Parcel number: 242822000000042098
      • Zoning: PUD
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Concrete
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1983

      Utilities & green energy

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

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: NOT IN A SUBDIVISION
      HOA
      • Has HOA: No
      Location
      • Region: Lakeland

      Financial & listing details

      • Price per square foot: $147/sqft
      • Annual tax amount: $5,441
      • Date on market: 7/13/2026
      • Cumulative days on market: 20 days
      • Listing terms: Cash,Conventional,FHA
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Dirt, Gravel

        Estimated market value

        $488,900

        $464,000 - $513,000

        $1,103/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$499,000$147/sqft
        Source: Stellar MLS #L4963478 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Crystal Lake

        Getting around

        19 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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