USAFLLakelandDixieland Rev1-2-3-4-201 Ariana St
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1, 2, 3, 4-201 Ariana St, Lakeland, FL

House

For Sale

Listed price in listed location currency (USD).
$599,900

440

MLS® TB8493723

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2624 sqft
Garage 
Taxes $4,104
Days Active 26
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $228
MLS® Number TB8493723

Property Address: 1-2-3-4-201 Ariana St, Lakeland, FL, 33803-2176

Average square foot calculated using Size range provided by listing agent.

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
MLS® NumberTB8493723
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 7, 2026List Date
$599,900List Price

Home Appraisal

This property is estimated to sell between: $580,000 and $610,000.
Similar properties in this area sold on average for: $580,750
Expected to sell in 71 days. Similar properties sold in 97 days. This home has been on eXp Realty for 26 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
201 Ariana St, Lakeland, FL

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