This centrally located duplex is available and an excellent opportunity for investors looking for a strong cash flow or a savvy buyer looking to occupy one unit while renting out the other. With a strong occupancy history and low vacancy rate, it offers reliable cash flow potential. The property features two well-maintained units. Unit A is a spacious 3-bedroom, 2-bath with updated kitchen and bathrooms. Unit B is a 2-bedroom, 1-bath with an updated kitchen and bathroom. The building’s roof was replaced in 2020. Utilities are separately metered for convenience and efficiency. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this duplex is a great option with strong rental demand in the area. TENANT OCCUPIED. PLEASE DO NOT DISTURB.
Property Details
Price:
$394,900
MLS #:
TB8337031
Status:
Active
Beds:
5
Baths:
3
Address:
1247 E PARKER STREET
Type:
Multi Family
Subtype:
Duplex
Subdivision:
LAKE PARKER TERRACE SUB
Neighborhood:
33801 – Lakeland
City:
LAKELAND
Listed Date:
Jan 17, 2025
State:
FL
Finished Sq Ft:
2,160
ZIP:
33801
Lot Size:
6,856 sqft / 0.16 acres (approx)
Year Built:
1976
Units:
1
Schools
Elementary School:
Philip O’Brien Elementary
Middle School:
Crystal Lake Middle/Jun
High School:
Lakeland Senior High
Interior
Appliances
Cooktop, Other, Range, Range Hood, Refrigerator
Cooling
Central Air
Heating
Central
Laundry Features
In Kitchen
Exterior
Construction Materials
Block
Exterior Features
Other
Parking Features
Driveway, Ground Level, Off Street, Parking Pad
Roof
Shingle
Financial
Tax Year
2023
Taxes
$2,430
Map
Community
- Address1247 E PARKER STREET LAKELAND FL
- SubdivisionLAKE PARKER TERRACE SUB
- CityLAKELAND
- CountyPolk
- Zip Code33801
Similar Listings Nearby
- 724-730 PARK HILL AVENUE
LAKELAND, FL$495,000
1.18 miles away
- 3206 WALDRUP LANE
LAKELAND, FL$485,900
4.56 miles away
- 518 N OHIO AVE
LAKELAND, FL$439,995
1.55 miles away
- 5702 GRANITE LANE
LAKELAND, FL$380,000
4.66 miles away
- 219 ARIANA STREET UNIT A-B
LAKELAND, FL$369,900
2.12 miles away
Courtesy of THE SHOP REAL ESTATE CO.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved.
1247 E PARKER STREET
LAKELAND, FL
LIGHTBOX-IMAGES