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$505,000
4 Days On Site

1125 OLIVE STREET
LAKELAND, FL 33815

For Sale|Quadruplex|Active
6
Beds
4
Total Baths
2,400
SqFt
$210
/SqFt
1947
Built
Subdivision:
LAKE BEULAH HEIGHTS DIV 02
County:
Polk
Call Now: 321-804-3112
Is this the listing for you? We can help make it yours.
321-804-3112
1125 OLIVE STREET1125 OLIVE STREET1125 OLIVE STREET1125 OLIVE STREET
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8.3% CAP RATE IN PLACE, 9.3% ON PRO FORMA: FOUR UPDATED UNITS. This turnkey fourplex delivers day one cash flow with rent upside already built into the numbers. Two separate duplexes sit on a combined 0.40-acre lot (including 3 parcels). Building one is a 1947 duplex with 1,120 sq ft, and building two is a 1954 duplex with 1,280 sq ft. All four units have been updated, so the heavy lifting is done. Current operations produce an 8.3% cap rate, and bringing rents to market per the pro forma pushes returns to a 9.3% cap rate. Add value through rent increases and efficient management, not capital projects. Four doors, two buildings, one lot, and a clear path to higher NOI. Request the rent roll and financials today.

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Listing Snapshot
Price 
$505,000
Days On Site 
4 Days
Bedrooms 
6
Inside Area (SqFt) 
2,400 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4 Acres
Year Built 
1947
MLS® Number 
TB8553595
Status 
Active
Property Tax 
$4,640.54
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
4 days agoListing first seen on site
General Features
Acres 
0.4
Foundation 
Slab
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
2532
Water Source 
Public
Zoning 
RB-1
Interior Features
Basement 
Crawl Space
Cooling 
Wall/Window Unit(s)
Heating 
Ductless
Laundry Features 
NoneWasher Hookup
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Exterior Features
Construction Details 
Frame
Exterior 
None
Roof 
Shingle
Community Features
MLS Area 
33815 - Lakeland
Township 
28
Financing Terms Available 
CashConventional
Roads 
Other
Listing courtesy of COLDWELL BANKER REALTY (727) 426-0746



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-10-10 06:51 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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