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2929 NINE IRON DRIVE, LAKELAND, FL - photo 1

$499,000

2929 NINE IRON DRIVE

LAKELAND, FL 33801

Estimated payment $3,098/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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8Beds
4Baths
3,400Sq Ft
$147Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1983
15,355 sqft Lot

About This Home

Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive in Lakeland, this rare multifamily property includes three occupied units and one vacant unit, providing immediate rental income while offering flexibility to lease the vacant unit at current market rates or occupy it yourself. Each unit features 2 bedrooms, 1 full bathroom, and washer/dryer hookups for added tenant convenience. Both duplexes received new roofs in 2019, helping reduce future maintenance costs. Ideally situated in a central Lakeland location, the property offers easy access to shopping, dining, schools, major roadways, and everyday conveniences, making it highly desirable for tenants and supporting strong long-term rental demand. Whether you're looking to expand your investment portfolio or acquire a well-positioned multifamily asset, opportunities like this are rare. With established rental income, additional upside through the vacant unit, and a prime location, this is an investment you won't want to miss.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:8
  • •Bathrooms:4
  • •Full bathrooms:0
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:3,400 sqft
  • •Total interior livable area:3,400 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:15,355 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Duplex
  • •Property subtype:Multifamily

Materials

  • • N/A

Condition

  • •Year built:1983

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Price history

DateEventPrice
2026-07-13T00:00:00.000ZListed for sale$499,000$147/sqft

Listing Agent

Derek McGehee

ALL COUNTY POLK PROPERTY MANAG

Brokerage Phone: 863-510-5965

Source: Stellar MLS · MLS #L4963478

Data Powered by Home Junction, Inc.

Nearby

Schools

CRYSTAL LAKE MIDDLE SCHOOL

High · 0.6 mi

REAL ACADEMY (REACHING EVERY ADOLESCENT LEARNER)

Elementary · 0.6 mi

FRESH START COMMUNITY SCHOOL

High · 0.6 mi

Supermarkets

U-Haul Neighborhood Dealer

0.4 mi

Harvest Meat Market

0.4 mi

Krishna Grocery

0.5 mi

Dining

A Taste of Heaven

0.3 mi

Primo's Pizzeria

0.4 mi

Clara's Restaurant

0.5 mi

Parks

Holloway Park

1.8 mi

Nearby amenity locations include data © OpenStreetMap contributors.