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Sold for $420,000
  • $420,000

    518 N OHIO AVE, LAKELAND, FL 33815

    10beds
    3baths
    3,763sqft
    Duplex, Multi Family
    Built in 1923
    -- sqft lot
    $498,000 Zestimate®
    $112/sqft
    $1,158 Estimated rent

    Home value

    $498,000

    $448,000 - $558,000

    $1,158/mo

    Zestimate® history
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    $1,158/mo

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    $1,158/mo

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    $2,827/mo

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    $2,827/mo

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    What's special

    This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch

    Zillow last checked:

    Listing updated:

    Listed by:

    Non-Member Agent,

    STELLAR NON-MEMBER OFFICE 000-000-0000

    Bought with:

    Danny Dhannu, 3047883

    ELITE INVESTORS REALTY LLC

    Source: Stellar MLS,MLS#: J989671MLS LogoOriginating MLS: Other

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Range, Refrigerator
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Walk-In Closet(s)
    • Flooring: Carpet, Laminate, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 4,788
    • Total interior livable area: 3,763 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Sidewalk
    Lot
    • Size: 9,200 Square Feet
    Details
    • Parcel number: 232813067500010011
    • Zoning: RA-4
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Stucco, Wood Frame
    • Foundation: Crawlspace
    • Roof: Metal,Shingle
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

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

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: BOWYERS SUB
    HOA
    • Has HOA: No
    Location
    • Region: Lakeland

    Financial & listing details

    • Price per square foot: $112/sqft
    • Tax assessed value: $216,216
    • Annual tax amount: $4,338
    • Date on market: 6/2/2025
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/2/2025Sold$420,000+0%$112/sqft
    Source: Stellar MLS #J989671 Report a problem
    3/21/2025Price change$419,995-2.3%$112/sqft
    Source: Stellar MLS #O6241812 Report a problem
    1/28/2025Price change$429,995-2.3%$114/sqft
    Source: Stellar MLS #O6241812 Report a problem
    11/19/2024Price change$439,995-2.2%$117/sqft
    Source: Stellar MLS #O6241812 Report a problem
    10/3/2024Listed for sale$449,995$120/sqft
    Source: Stellar MLS #O6241812 Report a problem
    9/28/2024Pending sale$449,995$120/sqft
    Source: Stellar MLS #O6241812 Report a problem
    9/15/2024Listed for sale$449,995-8.2%$120/sqft
    Source: Stellar MLS #O6241812 Report a problem
    7/1/2023Listing removed--
    Source: Stellar MLS #O6080389 Report a problem
    5/2/2023Listed for sale$490,000$130/sqft
    Source: Stellar MLS #O6080389 Report a problem
    4/29/2023Pending sale$490,000$130/sqft
    Source: Stellar MLS #O6080389 Report a problem
    4/8/2023Listed for sale$490,000$130/sqft
    Source: Stellar MLS #O6080389 Report a problem
    4/4/2023Pending sale$490,000$130/sqft
    Source: Stellar MLS #O6080389 Report a problem
    2/13/2023Price change$490,000-1.6%$130/sqft
    Source: Stellar MLS #O6080389 Report a problem
    12/29/2022Listed for sale$498,000+95.3%$132/sqft
    Source: Stellar MLS #O6080389 Report a problem
    10/11/2021Sold$255,000+18.6%$68/sqft
    Source: Public Record Report a problem
    5/26/2021Sold$215,000-9.7%$57/sqft
    Source: Public Record Report a problem
    2/22/2021Pending sale$238,000$63/sqft
    Source: PROFESSIONAL PROPERTY MGMT & L #S5040221 Report a problem
    2/22/2021Listed for sale$238,000-17.6%$63/sqft
    Source: PROFESSIONAL PROPERTY MGMT & L #S5040221 Report a problem
    1/19/2021Listing removed--
    Source: Stellar MLS Report a problem
    10/8/2020Price change$289,000-10.8%$77/sqft
    Source: PROFESSIONAL PROPERTY MGMT & L #S5040221 Report a problem
    9/24/2020Listed for sale$324,000+545.4%$86/sqft
    Source: PROFESSIONAL PROPERTY MGMT & L #S5040221 Report a problem
    10/18/2018Sold$50,200$13/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,777 +11.4%$206,554 +10%
    2024$3,390 -10.2%$187,776 -9.3%
    2023$3,774 -16.5%$207,038 -15.8%
    2022$4,518 +122.5%$245,980 +277.4%
    2021$2,030 +78.1%$65,183 +10%
    2020$1,140 +8.6%$59,257 +10%
    2019$1,050 $53,870 -65.8%
    2018$1,050 -48.5%$157,637 +121%
    2017$2,038 +47.9%$71,342 +10%
    2016$1,379 +9.4%$64,856 +10%
    2015$1,260 +24.9%$58,960 +10%
    2014$1,009 -25.4%$53,600 -20.9%
    2013$1,352 -14.2%$67,726 -13.4%
    2012$1,576 -29.9%$78,167 -43.3%
    2011$2,248 -0.9%$137,951 +1.4%
    2010$2,268 -20.2%$136,005 -16%
    2009$2,841 -0.2%$161,988 -5.6%
    2008$2,846 $171,684
    2007-- --
    2006$3,125 --
    2005-- --
    2004-- --
    2003$1,259 +19.7%$85,835 +12.7%
    2002$1,051 +2.4%$76,165 +1.6%
    2001$1,027 $74,966
    Find assessor info on the county website

    Neighborhood: North Lake Wire

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $498,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $498,000