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Local Realty Service Provided By: Coldwell Banker Bishop Realty, Inc. of Lake City

Property view
Listing view 2
Listing view 3

390 SE Baker Avenue, 
Lake City, FL 32025

$1,680,000


Bed


Bath


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Daniel Crapps

Tom H. Eagle

Daniel Crapps Agency, Inc

386-755-5110

Last updated:

September 12, 2026, 03:45 PM

MLS#

133147

Source:

FL NFMLS

About This Home

390 SE Baker Avenue

INVESTORS TAKE NOTICE! Rarely does an investment opportunity like this come available—a 6-parcel income-producing portfolio with 100% occupancy! This portfolio includes six separate properties located at 401 SW Alachua Ave, 654 NW Ridgewood Ave, 1122 SE Lanvale St, 632 SW Satellite Ln, 722 SW Satellite Ln, and a 5-unit complex at 390 SE Baker Ave. Extensive information on each property is available in the listing documents, including inspection reports for four of the properties. Listing photos represent three of the properties; links for viewing the remaining three properties are also included in the documents and can be copied into your browser. OWNER FINANCING AVAILABLE at full asking price with 25% down, 8.5% APR, amortized over 20 years with a 5-year balloon. Due to the size and nature of this investment portfolio and to minimize disruption to the tenants, showings will only be permitted during the inspection period following acceptance of a contract. Excellent opportunity for an investor seeking an established, fully occupied rental portfolio with multiple properties and immediate income potential.

Home Facts

Multi-Family

Price Summary

1,680,000

MLS #:

133147

Last Updated:

September 12, 2026, 03:45 PM

Added:

7 day(s) ago


Finances & Disclosures

Finances

Price:

$1,680,000

Source:FL NFMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.