USAFLLakelandLake Hunter Heights1005 S New York Ave
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1005 S New York Ave, Lakeland, FL

House

For Sale

Listed price in listed location currency (USD).
$1,299,000

000

MLS® L4959665

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 7241 sqft
Garage 
Taxes $10,226
Days Active 66
Lot Size 
Approx. Age 1977
Avg. Price Per Sqft $179
MLS® Number L4959665

Property Address: 1005 S New York Ave, Lakeland, FL, 33803-1299

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

Description

Located in the heart of Lakeland’s highly desirable Dixieland District, this 9-unit multifamily property presents a strong income-producing opportunity with a proven, stabilized revenue stream. The concrete block building is constructed under one roof and consists of eight two-bedroom, one-bath units and one one-bedroom, one-bath unit. Each residence has been renovated and features durable, low-maintenance flooring throughout, making this a true turnkey investment. The property offers dedicated parking for each unit and an on-site laundry facility that provides added convenience for residents while generating additional income for the owner. Major capital improvements include a roof replacement in 2018 and air conditioning replacements in 7 of the 9 units within the past five years. Each unit is separately metered for electric and has its own hot water heater, while the landlord currently pays for water. With professional management already in place, no HOA restrictions, and strong operational fundamentals, this asset is well-positioned for both seasoned investors and those seeking a reliable 1031 Exchange opportunity in one of Lakeland’s most established and charming neighborhoods. Seller financing considered with at least 50% down.
MLS® NumberL4959665
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1977
Basement
DrivewayParking Spaces - 13 to 18
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$1,299,000List Price
  • Commute

Commute

Starting Address
Destination Address
1005 S New York Ave, Lakeland, FL

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