$239,000
About this home
Welcome home to this charming and versatile property in Lakeland, offering a rare opportunity to own a move-in ready main home with the added benefit of a separate income-producing unit right on the same property. The main home is a fully updated 3-bedroom, 1-bathroom residence featuring a beautifully renovated kitchen with stainless steel appliances, updated bathrooms, vinyl plank flooring throughout, and fresh interior and exterior paint. Central air and a dedicated laundry area make this home completely turnkey. A spacious covered carport and generous yard complete the picture. At the rear of the property sits a fully separate 1-bedroom, 1-bathroom studio unit, currently occupied by a long-term tenant paying $750 per month. Whether you choose to continue renting it out to offset your mortgage, use it as a private guest suite, or house a family member, this bonus space adds flexibility that most homes at this price point simply cannot offer. At $239,000, the rental income from the back unit alone covers a significant portion of your monthly payment, making this one of the most affordable paths to homeownership in Lakeland for a buyer who wants to live well and build equity at the same time.
Highlights
Property details
- MLS #
- MFRL4961574
- Property type
- Single Family Residence
- Subdivision
- KENILWORTH SUB
- Status
- Active
- Days on market
- 72
- On market date
- May 11, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.17 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 519
- Student:teacher ratio
- 14.4:1
- District
- POLK
- Enrollment
- 1,088
- Student:teacher ratio
- 20.1:1
- District
- POLK
- Enrollment
- 2,057
- Student:teacher ratio
- 22.4:1
- District
- POLK
Walkability
Blended score for LAKELAND's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in LAKELAND, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 1, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.