$375,000
602 Emma Street
Lakeland, FL 33815
Listing updated: July 15, 2026 at 4:18 PM ET
Listing courtesy of All County Polk Property Manag · Derek McGehee · MLS #L4960315 · Active · 863-510-5965Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Excellent investment opportunity in the heart of Lakeland! This income-producing quadraplex at 602 Emma St features four separate 1-bedroom, 1-bathroom units, ideal for generating consistent rental income or expanding your portfolio. 1 unit is currently vacant, offering flexibility for an owner occupant situation. Each unit offers a functional layout, appealing to a wide range of tenants. Situated in a central Lakeland location, the property provides convenient access to shopping, dining, major roadways, and local amenities, making it attractive for long-term renters. A newer roof installed in 2021 adds peace of mind and reduces near-term maintenance costs. Whether you're a seasoned investor or just getting started, this multi-unit property offers strong income potential in a growing market. Don’t miss your chance to secure a solid asset in a prime location!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history96 days on market
- Status: ActiveApr 24, 2026
- Listed$385,000Mar 17, 2026
- Price reduced$375,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 96
- Subdivision
- Ward R A Sub
- County
- Polk
- Year built
- 1930
- Living area
- 2,560 sq ft
- Price/sq ft
- $146
- Building area
- 2,845 sq ft (Public Records)
- Lot size
- 4,748 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0315G)
- Annual taxes
- $4,858 (2025)
- Parcel #
- 23-28-13-075000-008011
- Zoning
- RA-4
- MLS #
- L4960315
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Interior Details
- Bedrooms
- 4
- Interior features
- Split Bedroom
- Laundry
- None
- Stories / Levels
- Two
Heating & Cooling
- Heating
- Other, Ductless
- Cooling
- Mini-Split Unit(s), Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 6 Months
- Listing terms
- Cash, Conventional, FHA
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer to verify lease restrictions
- Approval process
- Buyer to verify approval process
Exterior & Construction
- Exterior features
- Balcony, Lighting
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2026-03-16
- On market date
- 2026-03-17
- Original list price
- $385,000
- MLS area
- 33815 - Lakeland
- Listing AOR
- Lakeland
- Status changed
- 2026-04-24
- Tax legal description
- WARD R A SUB PB 3 PG 53 BLK 8 LOT 1 N 95 FT OF E 50 FT
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I4, head south on US98, turn right onto W Memorial Blvd, turn left on Texas Ave, property is down the street on the corner of Texas Ave and Emma St.
Property sale history
Public records602 EMMA ST 1, 2, 3, 4, LAKELAND 33815
- Mar 2024$345,000
2,560 sq ft · Built 1930 · 0.1090 acres
Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of July 15, 2026 at 4:18 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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