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$294,900
LAKELAND, FL 33801
Estimated payment $2,066/month
no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
Great investment opportunity at 1216 Fairway Drive in Lakeland! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each featuring a desirable split-bedroom floorplan designed for privacy and comfortable living. Both units are currently occupied and secured by 12-month leases, providing immediate rental income and stability for the next owner. The property generates $28,890 in annual rental income, making it an excellent addition to an investment portfolio. Unit 1216 had new AC and Water Heater installed in 2025. Located in Lakeland with convenient access to local shopping, dining, schools, employment centers, and major roadways. Whether you're looking to expand your rental portfolio or seeking a property with established tenants and income from day one, this duplex is worth a look.
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 2026-08-22T00:00:00.000Z | Listed for sale | $294,900$130/sqft |
Derek McGehee
ALL COUNTY POLK PROPERTY MANAG
Brokerage Phone: 863-510-5965
Source: Stellar MLS · MLS #L4964496
Data Powered by Home Junction, Inc.
REAL ACADEMY (REACHING EVERY ADOLESCENT LEARNER)
Elementary · 0.6 mi
CRYSTAL LAKE MIDDLE SCHOOL
High · 0.6 mi
FRESH START COMMUNITY SCHOOL
High · 0.7 mi
U-Haul Neighborhood Dealer
0.4 mi
Harvest Meat Market
0.4 mi
Krishna Grocery
0.6 mi
A Taste of Heaven
0.3 mi
Primo's Pizzeria
0.4 mi
Clara's Restaurant
0.6 mi
Holloway Park
1.9 mi
Combee Park
1.9 mi
Nearby amenity locations include data © OpenStreetMap contributors.