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1125 OLIVE Street
LAKELAND FL 33815 US

$505,000

Active Listing ID TB8553595
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6 bed
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2,400 square feet
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4.00 Bath (4 Full)
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Lot: 0.40 Acres
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Quadruplex

$505,000

Active Listing ID TB8553595
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1125 OLIVE Street 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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Property Features

  • Facts
  • Lot Size: 0.40 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Roof Type: Shingle
  • Heating Fuels: Ductless (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 505000
  • unparsedaddress: 1125 OLIVE Street
  • postalcity: LAKELAND
  • stateorprovince: FL
  • country: US
  • postalcode: 33815
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.4
  • lotsizeunits: Acres
  • lotsizearea: 0.4
  • livingarea: 2400
  • livingareaunits: Square Feet
  • latitude: 28.039507
  • longitude: -81.972544
  • listagentfullname: Samuel Rudolph
  • listagentemail: samuel.rudolph@cbrealty.com
  • listagentkey: 3yd-MFRMLSFL-260055435
  • listagentmlsid: 260055435
  • listagentpreferredphone: 7274260746
  • listagentofficephone: 7274260746
  • listofficekey: 3yd-MFRMLSFL-260000670
  • listofficemlsid: 260000670
  • 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: 2026-09-30
  • listagentfax: 7278242895
  • countyorparish: Polk
  • parcelnumber: 23-28-24-112000-004150
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Frame
  • heating: Ductless (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Ninguno
  • rooms: Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.97254, 28.039507
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"samuel.rudolph@cbrealty.com", "ListBrokerageCity":"Plant City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jo-an.lusk@floridamoves.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Coldwell Banker", "ListBrokeragePhone":"(813) 754-3586", "ListBrokeragePostalCode":"33566", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 4", "ListBrokerageUnparsedAddress":"2803 J L Redman Pkwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3637 4th Street North", "ListOfficeAddress2":"Suite 4", "ListOfficeBrokerMlsId":"260000670", "ListOfficeCity":"St. Petersburg", "ListOfficeCountry":"US", "ListOfficeEmail":"Duff.Rubin@cbrealty.com", "ListOfficePostalCode":"33704", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, LAKELAND, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1125-Olive-St-Apt-2_Lakeland_FL_33815_M63422-69178?f=listhub&s=MFRMLSFL&m=TB8553595&c=rexren", "MLSModificationTimestamp":"2026-10-09 04:23:09", "Neighborhoods":[{"Description":null, "Name":"LAKE BEULAH HEIGHTS DIV 02"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4641, "TaxDescription":"LAKE BEULAH HEIGHTS DIVISION NO 2 PB 6 PG 36 BLK D LOTS 15 & 16 LAKE BEULAH HEIGHTS DIVISION NO 2 PB 6 PG 36 BLK D LOT 14", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/9/2026 7:13:53 AM GMT
Source Updated Date: 10/11/2026 12:52:36 AM GMT

Courtesy of: Samuel Rudolph, COLDWELL BANKER REALTY, samuel.rudolph@cbrealty.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.