$249,000
506 Westgate Avenue
Lakeland, FL 33815
Listing updated: September 1, 2026 at 6:02 PM ET
Listing courtesy of Keller Williams Realty · Joe Christian · MLS #L4964553 · Active · 863-577-1234Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
INVESTMENT OPPORTUNITY NEAR DOWNTOWN LAKELAND! This cement-block duplex features two 2-bedroom, 1-bath units, each offering more than 900 square feet of living area. Both units are currently rented, providing immediate rental income for the new owner. Additional highlights include fenced yards and new roof shingles, fascia and soffits completed in 2026. The property also provides ample off-street parking with six designated spaces. Conveniently located near downtown Lakeland with easy access to shopping, dining, employment and major roadways. Priced below market at $249,000. This income-producing property offers an excellent opportunity to add a solid rental property to your investment portfolio. The rents are below normal rents in the area. The rents in the community range in the $1100 to $1400 per side unit. PLEASE CALL TODAY FOR ADDITIONAL INFORMATION!!
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 history1 days on market
- Status: ActiveAug 31, 2026
- Listed$249,000Aug 31, 2026
- Price increased$249,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Westgate
- County
- Polk
- Year built
- 1979
- Living area
- 1,813 sq ft
- Price/sq ft
- $137
- Lot size
- 6,791 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $2,020 (2025)
- Parcel #
- 23-28-23-100500-010360
- Zoning
- RB-2
- MLS #
- L4964553
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Interior Details
- Bedrooms
- 4
- Appliances
- Electric Water Heater, Range, Range Hood
- Interior features
- Ceiling Fans(s)
- Laundry
- Electric Dryer Hookup, Laundry Closet, Washer Hookup
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Attached garage
- No
HOA & Financial
- HOA fee
- $0
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Additional lease restrictions
- Please contact city or owner for any lease restrictions
- Approval process
- Please contact city for any lease restrictions
Exterior & Construction
- Exterior features
- Fence
- Construction materials
- Block, Concrete
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- No
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-08-31
- On market date
- 2026-08-31
- Original list price
- $249,000
- Occupant type
- Tenant
- MLS area
- 33815 - Lakeland
- Listing AOR
- Lakeland
- Status changed
- 2026-08-31
- Tax legal description
- WESTGATE PB 10 PG 23 BLK 10 LOTS 36 & S 20 FT OF 37
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
Main St to traffic circle continue straight onto west main turn right on Olive St to left on Westgate to duplex on your right
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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 1, 2026 at 6:02 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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