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$650,000

2220 N GALLOWAY ROAD, LAKELAND, FL 33810

Active92 days on market

Beds

9

Baths

5

Sq Ft

3,741 sq ft

Year Built

1980

Lot Size

0.63 acres

Garage

—

About This Property

Great investment opportunity in Lakeland! This fully occupied, income-producing four unit property features a 3 bedroom 2 bath main home and three 2 bedroom 1 bath apartments ideal for generating consistent rental income or on site living in main home and rent the others. Property provides convenient access to shopping, dining, major roadways. A new roof installed in 2024 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!

Property Overview

Property TypeResidential Income
Sub TypeQuadruplex
MLS #W7886464
StatusActive
Year Built1980
ConstructionBlock
RoofMembrane, Shingle
FoundationSlab
SubdivisionUNINCORPORATED
CountyPolk
OwnershipFee Simple

Interior Features

InteriorNinguno
LaundryOther
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorNone
Lot Size0.63 acres (27,412 sq ft)
Lot Dimensions139.7 x 344
Road SurfaceConcrete, Dirt
0

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesElectricity Connected, Sewer Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$650,000
Annual Taxes$6,237 (2025)
FinancingCash, Conventional
ZoningRC
Parcel #232804000000022001

Directions

From Interstate 4, Take Exit 28 for FL-546/Memorial Blvd. Head East on W Memorial Blvd. Turn Left onto N Galloway Rd

Location

2220 N GALLOWAY ROAD, LAKELAND, FL 33810

Listing Information

OfficeLINDA STARR KERNS & ASSOCIATES
ListedJuly 6, 2026

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Home Price

$650,000

20% ($130,000)
6.75%

Loan Term

Principal & Interest$3,373
Property Tax (est.)$596
Insurance (est.)$150
Total Monthly$4,119
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How to Buy This Home

Multiple financing options available for this $650,000 home in LAKELAND.

🏦

Conventional

$32,500 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: July 7, 2026.

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