$390,000
About this home
Exceptional investment opportunity, or the perfect way to own your home and have someone else help pay the mortgage! This fully rented duplex in Lakeland, Polk County is generating $3,300/month in gross rental income, delivering strong day one cash flow with room to grow. Each unit features 2 bedrooms and 2 full bathrooms, offering a spacious and desirable floor plan that attracts quality, long term tenants. The fully fenced backyard adds privacy and appeal that keeps vacancy rates low. For the savvy investor, this property delivers an estimated cap rate of approximately 6.5 at the $395,000 asking price, with upside potential as leases renew. For the owner occupant, the opportunity is equally compelling: live in one unit and let the rental income from the other significantly offset your monthly mortgage payment, a true house hack in one of Central Florida's fastest growing rental markets. Whether you're building a portfolio or simply looking for a smarter way to own, this turn key duplex checks every box. Schedule your showing today!
Property details
- MLS #
- MFRO6410973
- Property type
- Duplex
- Subdivision
- SUN WOOD VILLAGE
- Status
- Active
- Days on market
- 29
- On market date
- May 26, 2026
- Stories
- N/A
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.36 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 399
- Student:teacher ratio
- 13.8:1
- District
- POLK
- Enrollment
- 806
- Student:teacher ratio
- 16.1:1
- District
- POLK
- Enrollment
- 2,005
- Student:teacher ratio
- 18.2:1
- District
- POLK
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 25, 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.