$550,000

1201 BUDDWOOD ROAD, Lakeland, FL 33801

  • 8 beds |
  • 4 baths |
  • 3,364 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $163/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Under contract-accepting backup offers. Quadruplex investment opportunity at 1201 Buddwood Rd in Lakeland offering approximately 3,364 square feet of total living area across four units on a 16,679 square foot lot (0.38 acres). Built in 1976 and updated in 2021, the property features a functional layout with three of the four units currently occupied, providing immediate income with additional upside potential. Each unit offers a practical floor plan with private entrances, natural light, and efficient living spaces designed for tenant use. The configuration supports consistent occupancy and straightforward management, making it suitable for both experienced and entry level investors. Opportunity exists to increase revenue through lease adjustments, interior improvements, or stabilization of the remaining unit. The property is located in an established Lakeland area with convenient access to Highway 98 and surrounding roadways, providing connectivity to employment centers, shopping, dining, and everyday services. The location supports steady rental demand and long term tenant retention. This asset presents a strong foundation for cash flow with value add potential. Suitable for investors seeking to expand a portfolio or acquire a multi unit property with in place income, operational stability, and future growth opportunity. Note: This cannot be a child-care facility.

Listing Status:
Pending
Date Added:
April 17, 2026
Data Last Updated:
April 23, 2026 at 7:21PM
Listing Office:
LPT REALTY, LLC : 877-366-2213
Listing Agent:
Tyler Gibson LLC : 877-366-2213
MLS ID:
O6399970
  • General: Eat-in Kitchen
  • Laundry: Inside
  • A/C: Central Air
  • Heating: CentralElectric
  • General: Other
  • Parking: Parking Pad
  • Roofing: Shingle
  • General: BlockBrickSlab
  • Road/Access: Paved
  • Originating MLS: Stellar MLS
  • County: Polk
  • Zoning: RB-1GOLCONDA PB 8 PG 34 BLK 4 LOTS 24 & 2524-28-17-193500-004240
  • Utilities: Cable AvailableElectricity ConnectedPublic
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Tyler Gibson LLC , LPT REALTY, LLC

Monthly Payment

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

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Location

Schools Nearby

P

Philip O'Brien Elementary School

1225 E Lime St, Lakeland, FL, 33801

Grades PK-5

0.91 miles away

P

Pace Center for Girls

213 Tyler Ave, Lakeland, FL, 33801

Grades 6-12

0.72 miles away

P

Pace Center for Girls

213 Tyler Ave, Lakeland, FL, 33801

Grades 6-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.