201 ARIANA STREET UNIT 1, 2, 3, 4

For sale Days on market 54

$599,900

$229/sq ft

$50,000
Price Decreased

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201 ARIANA STREET UNIT 1, 2, 3, 4

For sale Days on market 54

$599,900

$229/sq ft

$50,000
Price Decreased

Overview

Bedroom

Year Built

1925

Sqft

2624

Property Type

Quadruplex

Property Description

Exceptional opportunity to acquire a fully occupied, income-producing quadplex in one of Lakeland’s most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern College—driving consistent, high-demand tenancy, particularly among scholars. Each of the four units is a well-designed 1-bedroom, 1-bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacy—an amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one. This property presents a strong value-add opportunity for investors looking to maximize returns. With below-market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity. Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long-term appreciation potential. Investment Highlights: Fully occupied 4-unit property – immediate cash flow All units: 1BR/1BA, ~650 sq ft each Private screened porches for every unit Current rents: $1,200/month each unit Walking distance to Florida Southern College – high student demand Strong rental market with upside potential Ideal for investors seeking stable income + value-add growth This is a rare opportunity to secure a turnkey multi-family property in a high-demand location with built-in income and future upside. *now priced under appraised value

Property Details

MLS#

TB8493723

Address

201 ARIANA

City

Lakeland

State/county

Zip/Postal Code

33803

Area

Dixieland Rev

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,103

Maint Fee

$--

Tax Year

2025

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