$399,900

1049 MONROE STREET, Lakeland, FL 33801

  • 6 beds |
  • 5 baths |
  • 3,204 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $125/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Priced $25k below appraised value, copy available---Rare opportunity to own a charming historic property with built-in income potential in the heart of Lakeland! The main residence offers 1,981 square feet of living space with 3 bedrooms and 2 bathrooms, showcasing the timeless character and craftsmanship of its 1930 construction. Major updates include a new roof in 2017 and HVAC system in 2018, providing added peace of mind. What truly sets this property apart is the detached income-producing building located on the same parcel. The lower-level apartment features 1 bedroom, 1 bathroom, 551 square feet, and a private carport. Upstairs, a separate entrance leads to a 2-bedroom, 1-bath apartment offering 662 square feet. Whether you're looking to offset your mortgage, generate additional monthly income, accommodate extended family, or expand your investment portfolio, the possibilities are endless. Live comfortably in the main home while collecting rental income from both apartments from day one. Unique properties offering historic charm, multiple rental units, and immediate income potential are hard to find—don't miss this exceptional Lakeland opportunity!

Listing Status:
Active
Date Added:
June 25, 2026
Data Last Updated:
July 27, 2026 at 1:23PM
Listing Office:
RE/MAX 200 REALTY : 407-629-6330
Listing Agent:
Brooke Cangro : 407-758-6699
MLS ID:
O6419909
  • General: Ceiling Fans(s)PrimaryBedroom UpstairsWalk-In Closet(s)
  • Rooms: Garage Apartment
  • Appliances: RangeRefrigerator
  • Laundry: Laundry Closet
  • Flooring: Ceramic TileWood
  • A/C: Central Air
  • Heating: CentralElectric
  • Fireplace: Wood BurningFireplace
  • General: Private EntranceSidewalk
  • Style: Historic
  • Other Structures: EnclosedFront PorchCovered
  • Roofing: Shingle
  • Windows: Blinds
  • General: FrameTwoCrawlspace
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Polk
  • Zoning: RA-4AVALON PLACE PB 8 PG 13 BLK A LOTS 2 3 & W 5 FT OF 124-28-19-216500-001020
  • Utilities: Cable AvailableElectricity ConnectedSewer Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Brooke Cangro , RE/MAX 200 REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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