$695K
214 Chestnut Road
Lakeland, FL 33815
Listing updated: August 14, 2026 at 2:48 PM ET
Listing courtesy of Lokation · Mohamed Dembele · MLS #TB8534756 · Active · 954-545-5583Property type
Year built
Building size
Lot size
Price / SF
Units
Zoning
Days on market
Lease terms
- Occupancy
- Tenant
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.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 4
- County
- Polk
- Year built
- 1982
- Building area
- 3,999 sq ft
- Price/sq ft
- $173.79
- Lot size
- 8,756 sq ft
- Units
- 6
- Buildings
- 1
- Stories
- 1
- Road frontage
- City Street
- Annual taxes
- $12K (2025)
- Parcel #
- 23-28-15-000000-024280
- Zoning
- PUD
- MLS #
- TB8534756
Utilities
- Utilities
- Electricity Available, Phone Available, Public, Telephone Nearby
- Water source
- Public
- Sewer
- Septic Tank
Listing details
- Listing date
- 2026-07-31
- On market date
- 2026-08-10
- MLS area
- 33815 - Lakeland
- Status changed
- 2026-08-10
- Tax legal description
- BEG 535PT1 FT S OF NE COR OF E1/4 OF SW1/4 OF SE1/4 RUN W 155 FT S 65 FT E 155 FT N TO BEG LESS MAINT R/W
Location
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.
Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of August 14, 2026 at 2:48 PM ET. 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.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA