LAKELAND, FL 33803 201 ARIANA STREET 1, 2, 3, 4
$599,900



9 more









Presented By: FLAT FEE MLS REALTY with 813-642-6030. - 813-642-6030
Home Details
Exceptional opportunity to acquire a fully occupied, income-producing quadplex in one of Lakeland’s most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern College—driving consistent, high-demand tenancy, particularly among scholars.
Each of the four units is a well-designed 1-bedroom, 1-bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacy—an amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one.
This property presents a strong value-add opportunity for investors looking to maximize returns. With below-market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity.
Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long-term appreciation potential.
Investment Highlights:
Fully occupied 4-unit property – immediate cash flow
All units: 1BR/1BA, ~650 sq ft each
Private screened porches for every unit
Current rents: $1,200/month each unit
Walking distance to Florida Southern College – high student demand
Strong rental market with upside potential
Ideal for investors seeking stable income + value-add growth
This is a rare opportunity to secure a turnkey multi-family property in a high-demand location with built-in income and future upside.
*now priced under appraised value
Presented By: FLAT FEE MLS REALTY with 813-642-6030. - 813-642-6030
Interior Features for 201 ARIANA STREET 1, 2, 3, 4
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesNone
General for 201 ARIANA STREET 1, 2, 3, 4
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityLAKELAND
Construction MaterialsOther
CoolingWall/Window Unit(s)
CountyPolk
DirectionsLocated on Ariana St just off S. Florida Ave. Parking is located in rear of building and accessible via Ariana St and/or the alley.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HeatingWall Units / Window Unit
Land Lease Y/NNo
Legal DescriptionDIXIELAND PB 1 PG 67 BLK S LOT 18
Living Area UnitsSquare Feet
Lot Size Square Feet6233
Lot Size UnitsSquare Feet
MLS Area33803 - Lakeland
New ConstructionNo
Number Of Units Total4
OwnershipFee Simple
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameDIXIELAND REV
Tax Annual Amount4103.61
Tax Lot18
Tax Year2025
Unit Number1, 2, 3, 4
UtilitiesCable Connected, Electricity Connected, Public, Street Lights
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1925
ZoningRA-4
Exterior for 201 ARIANA STREET 1, 2, 3, 4
Exterior AmenitiesBalcony, French Doors, Sidewalk
Foundation DetailsCrawlspace
Lot Dimensions50 x 125
Lot Size Acres0.14
Lot Size Area6233
Number of Buildings1
Private PoolNo
Road Surface TypeOther
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Samuel Pereira
Realtor®
SQFT • 2,624