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$220,000

229 MCKEAN STREET, AUBURNDALE, FL 33823

3D Tour
Active18 days on market

Beds

3

Baths

3

Sq Ft

1,300 sq ft

Year Built

1948

Lot Size

0.19 acres

Garage

About This Property

Virtually Staged. INVESTMENT OPPORTUNITY IN AUBURNDALE! Income-producing duplex located at 229 McKean Street, just minutes from Downtown Auburndale. Each unit features 1 bedroom, 1 bathroom, and dedicated storage space, with estimated market rents of approximately $950/month per unit, offering potential gross rental income of approximately $1,900/month or $22,800 annually. Major improvements include a BRAND-NEW ROOF, updated electrical systems, and A/C systems approximately 3 to 4 years old, along with additional property upgrades, helping reduce some of the larger upfront expenses for a new owner. Conveniently located near Lake Myrtle Sports Park, the Auburndale/TECO Trail, Lake Ariana Park, with easy access to Winter Haven, Lakeland, and surrounding Central Florida communities. Whether you’re looking to add a multifamily property to your portfolio or secure an investment with income potential from two units, this Auburndale duplex is worth a look. Schedule your showing today!

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #S5156014
StatusActive
Year Built1948
ConstructionBlock
RoofShingle
FoundationSlab
SubdivisionALBERTA PARK ANNEX REPLAT
CountyPolk
OwnershipFee Simple

Interior Features

InteriorAttic Fan, Ceiling Fan(s)
FlooringCarpet, Ceramic Tile, Vinyl
AppliancesRange, Refrigerator
LaundryOutside, Washer Hookup
WindowsBlinds
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorSidewalk, Storage
Other StructuresWorkshop
Lot Size0.19 acres (8,276 sq ft)
Lot Dimensions50 x 163
Lot FeaturesCity Lot
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Public

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$220,000
Annual Taxes$2,575 (2025)
FinancingCash, Conventional, FHA
ZoningRG-1
Parcel #102825327000000160

Schools

ElementaryAuburndale Central Elem
MiddleStambaugh Middle
HighAuburndale High School

Directions

PK Avenue to McKean Street, Alley in rear of property, no on street parking.

Location

229 MCKEAN STREET, AUBURNDALE, FL 33823

Listing Information

OfficeFLORIDA LAKES REALTY
ListedAugust 23, 2026

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$220,000

20% ($44,000)
6.75%

Loan Term

Principal & Interest$1,142
Property Tax (est.)$202
Insurance (est.)$150
Total Monthly$1,493
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $220,000 home in AUBURNDALE.

🏛️

FHA Loan

$7,700 Down

Government-backed, low down payment. Credit scores as low as 580.

🏦

Conventional

$11,000 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: September 10, 2026.

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