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2929 NINE IRON DRIVE

LAKELAND, FL 33801

MLS#: L4963478

$499,000

Status: Active
Listing number: L4963478
Listing provided by: ALL COUNTY POLK PROPERTY MANAG
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
NOT IN A SUBDIVISION - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1983

Sq.Footage

3,400

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.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Other Exterior Features

    Lighting

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.35

  • Lot Size(square feet)

    15,355

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $499,000

  • Tax Amount

    $5,441.87

  • Sq. Footage

    3,400

  • Price/SqFt

    $146

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    39

  • Water Source

    Public

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Location

County

Polk

Elementary School

Middle School

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Listing Courtesy of Derek McGehee , ALL COUNTY POLK PROPERTY MANAG

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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.

2929 NINE IRON DRIVE

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