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Active - Quadruplex for sale
1125 OLIVE STREET, Lakeland, FL
Facts & features
Why you’ll love it
8.3% CAP RATE IN PLACE, 9.3% ON PRO FORMA: FOUR UPDATED UNITS. This turnkey fourplex delivers day one cash flow with rent upside already built into the numbers. Two separate duplexes sit on a combined 0.40-acre lot (including 3 parcels). Building one is a 1947 duplex with 1,120 sq ft, and building two is a 1954 duplex with 1,280 sq ft. All four units have been updated, so the heavy lifting is done. Current operations produce an 8.3% cap rate, and bringing rents to market per the pro forma pushes returns to a 9.3% cap rate. Add value through rent increases and efficient management, not capital projects. Four doors, two buildings, one lot, and a clear path to higher NOI. Request the rent roll and financials today.
Listings courtesy of COLDWELL BANKER REALTY as distributed by MLS GRID.
Listed by: Samuel Rudolph • samuel.rudolph@cbrealty.com • COLDWELL BANKER REALTY
Co-listed by: COLDWELL BANKER REALTY
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8553595
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
Come see by yourself
Affordability
$2,940/mo
- Mortgage$2,554
- Property tax$387
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$10,100 Credit back
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Travel times
About Lake Beulah Heights Div 02
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$10,100 Credit back
