1016 MISSISSIPPI AVENUE 101, 102 & 103, Lakeland, FL 33803

• 5 beds |
• 3 baths |
• 2,454 sqft

Property Description

Exceptional investment opportunity featuring three rental units (101, 102 and 103) across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property. Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities. Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The buildings were completely renovated and remodeled in 2020. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments. An added bonus: the sale includes the existing property website; professionally designed to showcase and advertise the property—offering a turnkey marketing advantage for continued rental success. A well-maintained, income-producing property with solid upgrades and built-in marketing—an outstanding opportunity for investors or owner-occupants alike. Accessible unit will not be ready until the 15th of March.

Listing Status:

Active

Date Added:

March 4, 2026

Data Last Updated:

April 4, 2026 at 2:21PM

Listing Office:

S & D REAL ESTATE SERVICE LLC : 863-824-7169

Listing Agent:

Solomon Gallant : 863-608-8882

MLS ID:

L4959775

Interior

• General: Other
• Appliances: Other
• Laundry: Inside
• Flooring: Luxury Vinyl
• A/C: Central Air
• Heating: Heat Pump

Exterior

• General: Other

Construction

• Roofing: Shingle
• General: BlockTwoCrawlspace

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Polk

Lot

• Zoning: RA-4DIXIELAND PB 1 PG 67 BLK 13 LOT 8 N1/2 & N1/2 OF 924-28-19-220100-013083

Utilities

• Utilities: Other
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple