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For sale
  • $670,000

    901 PENNSYLVANIA AVENUE, LAKELAND, FL 33803

    16beds
    16baths
    3,272sqft
    : 
    $4,390/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1902
    -- sqft lot
    $-- Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Solid wood doorsOriginal hardwood floorsCharming architectural details
    GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential. The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential. LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences. Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential. 4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    James Migues 954-292-4012,

    LIST-A-HOUSE REALTY, LLC 954-292-4012

    Source: Stellar MLS,MLS#: O6433196MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 16
      Rooms
      • Room types: Florida Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater, Range, Refrigerator
      • Laundry: Other
      Features
      • Ceiling Fan(s)
      • Has fireplace: No
      Interior area
      • Total structure area: 3,272
      • Total interior livable area: 3,272 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Front Porch
      • Exterior features: Other, Sidewalk
      Lot
      • Size: 4,199 Square Feet
      • Dimensions: 84 x 50
      Details
      • Parcel number: 242819231500003141
      • Zoning: C-2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Raised
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1902

      Utilities & green energy

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

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: SCOTTS LAKELAND HEIGHTS
      HOA
      • Has HOA: No
      Location
      • Region: Lakeland

      Financial & listing details

      • Price per square foot: $205/sqft
      • Tax assessed value: $387,840
      • Annual tax amount: $6,997
      • Date on market: 8/12/2026
      • Cumulative days on market: 2 days
      • Ownership: Fee Simple
      • Lease term: 12 Months
      • Total actual rent: 0
      • Tenant pays: Electricity
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listed for sale$670,000+28.8%$205/sqft
        Source: Stellar MLS #O6433196 Report a problem
        12/6/2022Sold$520,000-5.5%$159/sqft
        Source: Public Record Report a problem
        11/11/2022Pending sale$550,000$168/sqft
        Source: Stellar MLS #O6007538 Report a problem
        9/30/2022Listed for sale$550,000$168/sqft
        Source: Stellar MLS #O6007538 Report a problem
        7/20/2022Pending sale$550,000$168/sqft
        Source: Stellar MLS #O6007538 Report a problem
        6/29/2022Price change$550,000-8.3%$168/sqft
        Source: Stellar MLS #O6007538 Report a problem
        3/2/2022Listed for sale$600,000+466%$183/sqft
        Source: Stellar MLS #O6007538 Report a problem
        2/2/2018Listing removed$700
        Source: Zillow Rental Network #78869 Report a problem
        6/17/2017Listed for rent$700+16.7%
        Source: Point 2 Agent #78520 Report a problem
        2/23/2016Listing removed$600
        Source: Point2 #70470 Report a problem
        2/6/2016Listed for rent$600+9.1%
        Source: Point2 #70470 Report a problem
        8/14/2014Listing removed$550
        Source: Point2 #47281 Report a problem
        7/3/2014Price change$550-4.3%
        Source: Point2 #47281 Report a problem
        6/13/2014Listed for rent$575
        Source: Point2 #47281 Report a problem
        9/28/2011Sold$106,000-11.7%$32/sqft
        Source: Public Record Report a problem
        6/11/2011Listed for sale$120,000+200.8%$37/sqft
        Source: 398MLS.com #O5048511 Report a problem
        10/8/2009Sold$39,900-83.4%$12/sqft
        Source: Public Record Report a problem
        10/4/2005Sold$240,000+33.3%$73/sqft
        Source: Public Record Report a problem
        10/8/2004Sold$180,000+18.4%$55/sqft
        Source: Public Record Report a problem
        12/17/2003Sold$152,000+38.2%$46/sqft
        Source: Public Record Report a problem
        4/2/2003Sold$110,000$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,997 -6.3%$387,840 -6.2%
        2024$7,467 -9%$413,568 -8.1%
        2023$8,205 +332.1%$450,072 +335.4%
        2022$1,899 +4.4%$103,364 +9.3%
        2021$1,819 +11%$94,537 +10%
        2020$1,639 -4.9%$85,943 -2.8%
        2019$1,722 $88,381 -1.3%
        2018$1,722 -2.2%$89,543 +0.6%
        2017$1,761 +1.1%$88,981 +2%
        2016$1,742 +2.2%$87,218 +4.1%
        2015$1,704 +8.6%$83,777 +0.5%
        2014$1,569 -7.9%$83,371 -2.4%
        2013$1,704 -3.9%$85,396 -2.9%
        2012$1,774 -3.1%$87,964 -5.8%
        2011$1,830 -10.9%$93,395 -9%
        2010$2,053 -23.8%$102,670 -22.7%
        2009$2,694 -7.4%$132,848 -13.3%
        2008$2,908 $153,266
        2007-- --
        2005-- --
        2004$2,316 +83.1%--
        2003$1,265 -11.7%$61,120 -12.3%
        2002$1,433 +0.8%$69,730 +0.8%
        2001$1,421 $69,170
        Find assessor info on the county website

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        Payment breakdown

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        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: South Lake Morton

        Getting around

        73 / 100
        Very Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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