To schedule a showing of 201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida, Call David Shippey at 863-521-4517 TODAY!

$599,900 | 4 beds | N/A full baths | N/A half baths | 2,624 sqft

$599,900 Reduced -$25,000
201 Ariana Street UNIT 1, 2, 3, 4
Lakeland, FL 33803
  • 4Beds
  • 4.00Total Baths
  • 0 Full, 0 HalfBaths
  • 2,624SqFt
  • 1925Year Built
  • 0.14Acres
  • MLS# TB8493723
  • Income
  • Quadruplex
  • Active

  • Approx Time on Market1 month, 27 days
  • Area33803 - Lakeland
  • CountyPolk
  • Subdivision Dixieland Rev

Overview

Exceptional opportunity to acquire a fully occupied, income-producing quadplex in one of Lakelands most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern Collegedriving 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 privacyan 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 flowAll units: 1BR/1BA, ~650 sq ft eachPrivate screened porches for every unitCurrent rents: $1,200/month each unitWalking distance to Florida Southern College - high student demandStrong rental market with upside potentialIdeal for investors seeking stable income + value-add growthThis 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



Agriculture / Farm

Association Fees / Info

Community Features:  StreetLights, Sidewalks

Bathroom Info

Total Baths:  4.00

Building Info

Roof:  Shingle

Buyer Compensation

Exterior Features

Patio:  Balcony

Exterior Features:  Balcony, FrenchPatioDoors

Fees / Restrictions

Financial

Original Price:  $649,900

Garage / Parking

Green / Env Info

Interior Features

Laundry Features:  None

Interior Features:  CeilingFans

Lot Info

Direction Remarks:  Located on Ariana St just off S. Florida Ave. Parking is located in rear of building and accessible via Ariana St and/or the alley.

Lot Size Units:  Acres

Lot Size Acres:  0.14

Lot Sqft:  6,233

Est Lotsize:  50x125

Misc

Other

Special Conditions:  None

Other Rooms Info

Basement:  CrawlSpace

Property Info

Section:  24

Class Type:  Quadruplex

Property Sub Type:  Quadruplex

Construction Materials:  Other

Foundation:  Crawlspace

Human Modified:  Yes

Sqft Info

Sqft:  2,624

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  18

Tax Legal Description:  DIXIELAND PB 1 PG 67 BLK S LOT 18

Tax Block:  S

Tax Annual Amount:  4103.61

Tax Book Number:  1-67

Unit Info

Total Units:  4

Unit:  1, 2, 3, 4

Utilities / Hvac

Heating:  WindowUnit, WallFurnace

Water Source:  Public

Sewer:  PublicSewer

Cool System:  WallWindowUnits, CeilingFans

Cooling:  Yes

Utilities:  CableConnected, ElectricityConnected, MunicipalUtilities

Waterfront / Water

Directions

Located on Ariana St just off S. Florida Ave. Parking is located in rear of building and accessible via Ariana St and/or the alley.

This listing courtesy of Flat Fee Mls Realty 

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Price & Status History (on davidshippey.com since Tue, Apr 7th 2026)
  • Original Price: $649,900
  • Current Price: $599,900
  • Price Reduced: $50,000
Date ChangedFromTo
04/28/2026$624,900 $599,900 Reduced by $25,000
04/21/2026$649,900 $624,900 Reduced by $25,000

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If you have any questions on 201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida, please call David Shippey at 863-521-4517.


MLS# TB8493723 located at 201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida is brought to you by David Shippey REALTOR®

201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida has 4 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida is TB8493723.
The price for 201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida is $599,900.
The status of 201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida is Active.
The subdivision of 201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida is Dixieland Rev.
The home located at 201 Ariana Street UNIT 1, 2, 3, 4, Lakeland, Florida was built in 2026.