$599,900

201 Ariana Street

Lakeland, FL 33803

Active
4
Beds
4
Baths
2,624
Sq Ft
0.14
Acres
1925
Built
$229/sqft360° tour
🏠Quadruplex

Property type

🏗️1925

Year built

📐6,233 sqft

Lot size

📊$229

Price / sq ft

🏘️No HOA

HOA dues

📅21

Days on market

🌊x

Flood zone

About this home

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

Estimated monthly payment

Principal & interest$3,033
Property taxes$342
Home insurance (est.)$275

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 history21 days on market

  1. Status: Active
    Apr 7, 2026
  2. Listed$649,900
    Apr 7, 2026
  3. Price reduced$599,900

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Active
Days on market
21
Subdivision
Dixieland Rev
County
Polk
Year built
1925
Living area
2,624 sq ft
Price/sq ft
$229
Lot size
6,233 sq ft
Lot category
0 to less than 1/4
Flood zone
x
Annual taxes
$4,104 (2025)
Parcel #
23-28-24-117500-045180
Zoning
RA-4
MLS #
TB8493723

Interior Details

Bedrooms
4
Interior features
Ceiling Fans(s)
Laundry
None

Heating & Cooling

Heating
Ductless
Cooling
Wall/Window Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Ownership
Fee Simple

Exterior & Construction

Exterior features
Balcony, French Doors, Sidewalk
Construction materials
Other
Roof
Shingle
Foundation
Crawlspace
Road surface
Other

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected, Public

Listing Details

Listing date
2026-04-07
On market date
2026-04-07
Original list price
$649,900
MLS area
33803 - Lakeland
Listing AOR
Suncoast Tampa
Status changed
2026-04-07
Tax legal description
DIXIELAND PB 1 PG 67 BLK S LOT 18

Flood risk

Minimal riskFEMA Zone X

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

Located on Ariana St just off S. Florida Ave. Parking is located in rear of building and accessible via Ariana St and/or the alley.

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MLS GRID

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 April 28, 2026 at 12:20 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA