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1016 MISSISSIPPI AVENUE 101, 102 & 103
LAKELAND FL 33803 US

$599,000

Active Listing ID L4959775
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5 bed
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3.00 Bath (3 Full)
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Lot: 0.17 Acres
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Single Family Residence

$599,000

Active Listing ID L4959775
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1016 MISSISSIPPI AVENUE 101, 102 & 103 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Cooling System: Central Air
  • Floor Covering: Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump (Heating)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 599000
  • unparsedaddress: 1016 MISSISSIPPI AVENUE
  • unitnumber: 101, 102 & 103
  • postalcity: LAKELAND
  • stateorprovince: FL
  • country: US
  • postalcode: 33803
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 2454
  • livingareaunits: Square Feet
  • latitude: 28.030597
  • longitude: -81.950906
  • listagentfullname: Solomon Gallant
  • listagentemail: solomongallant@gmail.com
  • listagentkey: 3yd-MFRMLSFL-265579566
  • listagentmlsid: 265579566
  • listagentpreferredphone: 8638247169
  • listagentofficephone: 8638247169
  • listofficekey: 3yd-MFRMLSFL-265578063
  • listagentstatelicense: 3481035
  • listofficemlsid: 265578063
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1947
  • listingcontractdate: 2026-02-26
  • listagenturl: http://www.SandDRealEstate.com
  • countyorparish: Polk
  • parcelnumber: 24-28-19-220100-013083
  • cooling: Central Air
  • constructionmaterials: Block
  • flooring: Vinyl
  • heating: Heat Pump (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Attached
  • roof: Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.950905, 28.030598
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"S&D Real Estate Services, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"AgentCare@SandDRealEstate.com", "ListBrokerageCity":"Lakeland", "ListBrokerageCountry":"US", "ListBrokerageEmail":"AgentCare@SandDRealEstate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MFRMLSFL/7a4a96b1a26611e48e5bfe96d5ac90ad/20220420123406002.png", "ListBrokerageName":"S&D Real Estate Services, LLC", "ListBrokeragePhone":"863-824-7169", "ListBrokeragePostalCode":"33803", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 103", "ListBrokerageUnparsedAddress":"2000 East Edgewood Drive", "ListBrokerageWebsiteUrl":"http://www.SandDRealEstate.com", "ListOfficeAddress1":"230 Doris Dr.", "ListOfficeAddress2":"Ste #103", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Lakeland", "ListOfficeCountry":"US", "ListOfficeEmail":"dee@sanddrealestate.com", "ListOfficePostalCode":"33813", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence - LAKELAND, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1016-Mississippi-Ave-Unit-101_Lakeland_FL_33803_M65550-42854?f=listhub&s=MFRMLSFL&m=L4959775&c=rexren", "MLSModificationTimestamp":"2026-03-26T15:59:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family Residence", "RawPropertyType":"Residential", "RoomCount":12, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7017.62, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/27/2026 12:05:43 AM GMT
Source Updated Date: 3/31/2026 7:05:29 PM GMT

Courtesy of: Solomon Gallant, S & D REAL ESTATE SERVICE LLC, solomongallant@gmail.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.