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$695,000

214 N CHESTNUT ROAD UNIT 6, LAKELAND, FL 33815

3D Tour
Active57 days on market

Beds

—

Baths

0

Sq Ft

2,975 sq ft

Year Built

1982

Lot Size

0.20 acres

Garage

—

About This Property

Fully leased 6-unit multifamily in the heart of Lakeland — six 1BD/1BA units at approximately 496 sq ft each, all occupied and producing from day one. Every unit has its own electric meter and central A/C, keeping tenants self-sufficient and owner expenses lean. Solid concrete construction means durability and low maintenance year after year. City water with private septic. Steps from the best of downtown: Lake Mirror, Hollis Garden, Bonnet Springs Park, the Polk Theatre, and Florida Southern College. True turnkey cash flow in one of Central Florida's fastest-growing markets — the kind of asset that rarely comes available.

Property Overview

Property TypeCommercial Sale
Sub TypeMulti Family (5+)
MLS #TB8534756
StatusActive
Year Built1982
Stories1
ConstructionConcrete
FoundationConcrete Perimeter
CountyPolk
OwnershipFee Simple

Interior Features

AppliancesRefrigerator
CoolingCentral Air
SecuritySmoke Detector(s)

Exterior & Lot

Lot Size0.20 acres (8,756 sq ft)
Road SurfaceBrick, Concrete
0

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesElectricity Available, Phone Available, Public, Telephone Nearby

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$695,000
Annual Taxes$11,702 (2025)
FinancingCash
ZoningPUD
Parcel #232815000000024280

Directions

From I-4, take Exit 32 (US-98 / Lakeland) and head north on US-98 for about 3 miles. Turn onto E Memorial Blvd, then turn onto N Chestnut Rd — the property is on the right, just off the highway.

Location

214 N CHESTNUT ROAD UNIT 6, LAKELAND, FL 33815

Listing Information

OfficeLOKATION
ListedAugust 10, 2026

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Home Price

$695,000

20% ($139,000)
6.75%

Loan Term

Principal & Interest$3,606
Property Tax (est.)$637
Insurance (est.)$150
Total Monthly$4,393
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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 29, 2026.

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