Don’t miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing 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.
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.
Property Details
Price:
$499,000
MLS #:
L4963478
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
Duplex
Neighborhood:
33801lakeland
Listed Date:
Jul 13, 2026
Finished Sq Ft:
3,400
Total Sq Ft:
3,880
Lot Size:
15,355 sqft / 0.35 acres (approx)
Year Built:
1983
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Central
Interior Features
Primary Bedroom Main Floor, Thermostat
Laundry Features
Electric Dryer Hookup, Laundry Closet, Washer Hookup
Levels
One
Exterior
Construction Materials
Concrete
Exterior Features
Lighting
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,442
Map
Community
- Address2929 NINE IRON DRIVE LAKELAND FL
- SubdivisionNOT IN A SUBDIVISION
- CityLAKELAND
- CountyPolk
- Zip Code33801
Subdivisions in LAKELAND
Market Summary
Current real estate data for Multi Family in LAKELAND as of Aug 30, 2026
27
Multi Family Listed
94
Avg DOM
174
Avg $ / SqFt
$433,681
Avg List Price
Property Summary
- Located in the NOT IN A SUBDIVISION subdivision, 2929 NINE IRON DRIVE LAKELAND FL is a Multi Family for sale in LAKELAND, FL, 33801. It is listed for $499,000 To schedule a showing of MLS#l4963478 at 2929 NINE IRON DRIVE in LAKELAND, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of ALL COUNTY POLK PROPERTY MANAG. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 2929 NINE IRON DRIVE
LAKELAND, FL