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Active - Quadruplex for sale

902 E LIME STREET, Lakeland, FL

2,048 sqft

Facts & features

Quadruplex Property type
44 days on Beycome
1948 Year built
$244 Price/Sqft.
10,001 sqft Lot size

Why you’ll love it

Fully leased four-unit investment opportunity near Downtown Lakeland! Located at 902-904 E Lime Street, this income-producing property features four residential units, each offering 1 bedroom, 1 bathroom, a kitchen, and living area. Two units are located within the main residence, with two additional units situated in the detached rear building, creating a unique multifamily configuration with separation between the structures. All four units are currently leased and generate approximately $4,450 per month in gross rental income. The owner currently pays utilities, averaging approximately $634 per month, providing prospective investors with established income and operating history from day one. The property has also demonstrated a strong history of occupancy; prior marketing materials report that it maintained full occupancy for more than a decade. Situated in the Downtown Lakeland area, the property offers convenient access to shopping, dining, employment centers, major roadways, and the amenities of Lakeland’s urban core. With 100% current occupancy, $53,400 in annual gross rental income based on current rents, and four self-contained living units, this is an opportunity to acquire an established multifamily property in a central Lakeland location. Please do not disturb tenants. Showings by appointment only. Buyer to verify all measurements, unit information, leases, income, expenses, zoning, and property details.

Translating description...

Listings courtesy of CENTURY 21 MYERS REALTY as distributed by MLS GRID.

Listed by: Tony Acosta • acosta.tony89@gmail.com • CENTURY 21 MYERS REALTY

Co-listed by: CENTURY 21 MYERS REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: L4965488 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$325,000$675,000
1%20%
0%90%
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Estimated monthly payment

$2,705/mo

  • Mortgage$2,523
  • Property tax$182
  • HOA fee
  • Homeowners insurance
Due at closing$396,705
Down payment held in escrow$99,800
Closing costs$7,485
beycome credit Est.$9,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Mortons Add

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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.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm 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.

$499,000 Listed price

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$9,980 Credit back

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