$365,000
602 EMMA STREET, LAKELAND, FL 33815
Beds
4
Baths
4
Sq Ft
2,560 sq ft
Year Built
1930
Lot Size
0.11 acres
Garage
—
About This Property
Excellent investment opportunity in the heart of Lakeland! This income-producing quadraplex at 602 Emma St features four separate 1-bedroom, 1-bathroom units, ideal for generating consistent rental income or expanding your portfolio. 1 unit is currently vacant, offering flexibility for an owner occupant situation. Each unit offers a functional layout, appealing to a wide range of tenants. Situated in a central Lakeland location, the property provides convenient access to shopping, dining, major roadways, and local amenities, making it attractive for long-term renters. A newer roof installed in 2021 adds peace of mind and reduces near-term maintenance costs. Whether you're a seasoned investor or just getting started, this multi-unit property offers strong income potential in a growing market. Don’t miss your chance to secure a solid asset in a prime location!
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Directions
From I4, head south on US98, turn right onto W Memorial Blvd, turn left on Texas Ave, property is down the street on the corner of Texas Ave and Emma St.
Location
602 EMMA STREET, LAKELAND, FL 33815
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$365,000
Loan Term
How to Buy This Home
Multiple financing options available for this $365,000 home in LAKELAND.
🏛️
FHA Loan
$12,775 Down
Government-backed, low down payment. Credit scores as low as 580.
🏦
Conventional
$18,250 Down
Traditional financing. As low as 3-5% down with good credit.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Polk County SHIP
Varies
Income-qualifying Polk residents
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 28, 2026.