


$670,000
901 Pennsylvania Avenue
Lakeland, FL 33803
Listing updated: September 11, 2026 at 4:49 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
GREAT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE HEART OF LAKELAND! Located at 901 Pennsylvania Ave, this well-positioned fourplex offers investors the opportunity to own a multi-family property in the highly desirable Lake Morton Historic District. The property consists of 4 spacious 1-bedroom, 1-bath units, each approximately 900 square feet, offering a highly rentable layout and strong long-term income potential. ALL UNITS RENTED $4650/Month The property maintains much of its original Florida character, including original hardwood floors, solid wood doors, and charming architectural details rarely found in newer construction. Units also feature additional touches such as washer/dryer accommodations, sunrooms adding to their appeal and rental potential. LOCATION IS A MAJOR HIGHLIGHT. The property is conveniently situated near Florida Southern College, Lake Morton, Downtown Lakeland, the public library, museums, restaurants, shopping, entertainment, and major roadways. Its central location provides excellent access to many of Lakeland's most desirable destinations while placing tenants close to employment, education, recreation, and everyday conveniences. Whether you're looking to expand an existing rental portfolio, enter the multifamily investment market, or acquire a long-term income-producing asset, 901 Pennsylvania Ave offers an excellent combination of location, character, multiple rental units, and future income potential. 4 units. 1 property. Multiple income streams. A great opportunity to invest in one of Lakeland's established neighborhoods.
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 history30 days on market
- Status: ActiveAug 13, 2026
- Listed$670,000Aug 12, 2026
- Price increased$670,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 30
- Subdivision
- Scotts Lakeland Heights
- County
- Polk
- Year built
- 1902
- Living area
- 3,272 sq ft
- Price/sq ft
- $205
- Lot size
- 4,199 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- 12105c0315
- Annual taxes
- $6,997 (2025)
- Parcel #
- 242819231500003141
- Zoning
- C-2
- MLS #
- O6433196
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Interior Details
- Bedrooms
- 16
- Appliances
- Gas Water Heater, Range, Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- Other
- Stories / Levels
- Two
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- On Street
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Other, Sidewalk
- Construction materials
- Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Stilt/On Piling
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Water Connected
Listing Details
- Listing date
- 2026-08-12
- On market date
- 2026-08-12
- Original list price
- $670,000
- Occupant type
- Vacant
- MLS area
- 33803 - Lakeland
- Listing AOR
- Orlando Regional
- Status changed
- 2026-08-13
- Tax legal description
- SCOTTS LAKELAND HEIGHTS DB 75 PG 15 BLK 3 LOT 14 LESS W 51 FT
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
On the corner of Pennsylvania and Frank Lloyd Wright.
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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 September 11, 2026 at 4:49 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.
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