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Property view

201 Ariana Street #1, 2, 3, 4, 
Lakeland, FL 33803

$535,000


4

Beds


4

Baths


2,624

Sq Ft


Multi-Family

Sold

Listed by

Stephen Hachey

Bought with STELLAR NON-MEMBER OFFICE

Flat Fee Mls Realty

MLS#

TB8493723

Source:

MFRMLS

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About This Home

201 Ariana Street #1, 2, 3, 4

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

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1925

Subdivision & Development:

DIXIELAND REV

Price Summary

599,900

$228 per Sq. Ft.

MLS #:

TB8493723

Sold:

July 11, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,624 Sq. Ft.


Structure

Structure

Building Area:

2,624 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

6,233


Finances & Disclosures

Finances

Price:

$599,900

Price per Sq. Ft:

$228 per Sq. Ft.

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