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For sale
  • Price cut: $10K (8/10)
    $515,000

    542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

    6beds
    3baths
    2,529sqft
    : 
    $3,374/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $204/sqft
    $-- HOA

    What's special

    Fresh interior paintSeparate family roomInside laundryStunning new kitchenLuxury vinyl plank flooringNew ceiling fansNew cabinetry
    Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bath—ideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!
    43 days
    |
    310
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Debbie Ward-Terry 863-660-7927,

    REGAL REAL ESTATE LLC 863-660-7927

    Source: Stellar MLS,MLS#: L4963551MLS LogoOriginating MLS: Lakeland

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Microwave, Range, Refrigerator
      • Laundry: In Garage, Laundry Room
      Features
      • Ceiling Fan(s), Eating Space In Kitchen
      • Flooring: Luxury Vinyl
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,529 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached
      • Attached garage spaces: 1
      Lot
      • Size: 0.29 Acres
      • Dimensions: 48.6 x 61
      Details
      • Additional structures: Outbuilding
      • Parcel number: 242819218000003010
      • Zoning: RB-1
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1953

      Utilities & green energy

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

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $204/sqft
      • Annual tax amount: $3,319
      • Date on market: 7/15/2026
      • Cumulative days on market: 43 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/10/2026Price change$515,000-1.9%$204/sqft
        Source: Stellar MLS #L4963551 Report a problem
        7/15/2026Listed for sale$525,000$208/sqft
        Source: Stellar MLS #L4963551 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.
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        Climate risks

        Neighborhood: Francis Blvd

        Getting around

        49 / 100
        Car-Dependent
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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