Excellent investment opportunity in the heart of Lakeland! This income-producing quadraplex at 602 Emma St features four separate 1-bedroom, 1-bathroom units, ideal for generating consistent rental income or expanding your portfolio. 1 unit is currently vacant, offering flexibility for an owner occupant situation. Each unit offers a functional layout, appealing to a wide range of tenants. Situated in a central Lakeland location, the property provides convenient access to shopping, dining, major roadways, and local amenities, making it attractive for long-term renters. A newer roof installed in 2021 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 a solid asset in a prime location!
Property Details
Price:
$365,000
MLS #:
L4960315
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
WARD R A SUB
Neighborhood:
33815lakeland
Listed Date:
Mar 17, 2026
Finished Sq Ft:
2,560
Total Sq Ft:
2,845
Lot Size:
4,748 sqft / 0.11 acres (approx)
Year Built:
1930
Units:
4
See this Listing
Schools
Interior
Cooling
Mini-Split Unit(s), Wall/Window Unit(s)
Heating
Other, Wall Units / Window Unit
Interior Features
Split Bedroom
Laundry Features
None
Levels
Two
Exterior
Common Walls
Corner Unit
Construction Materials
Wood Frame
Exterior Features
Balcony, Lighting
Roof
Shingle
Financial
Tax Year
2025
Taxes
$4,858
Map
Community
- Address602 EMMA STREET LAKELAND FL
- SubdivisionWARD R A SUB
- CityLAKELAND
- CountyPolk
- Zip Code33815
Subdivisions in LAKELAND
Market Summary
Current real estate data for Multi Family in LAKELAND as of Aug 29, 2026
27
Multi Family Listed
93
Avg DOM
174
Avg $ / SqFt
$433,681
Avg List Price
Property Summary
- Located in the WARD R A SUB subdivision, 602 EMMA STREET LAKELAND FL is a Multi Family for sale in LAKELAND, FL, 33815. It is listed for $365,000 To schedule a showing of MLS#l4960315 at 602 EMMA STREET 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. 602 EMMA STREET
LAKELAND, FL