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Property Description
Exceptional opportunity to acquire a fully occupied, income-producing quadplex in one of Lakeland's most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern College-driving consistent, high-demand tenancy, particularly among scholars. Each of the four units is a well-designed 1-bedroom, 1-bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacy-an amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one. This property presents a strong value-add opportunity for investors looking to maximize returns. With below-market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity. Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long-term appreciation potential. Investment Highlights: Fully occupied 4-unit property - immediate cash flow All units: 1BR/1BA, ~650 sq ft each Private screened porches for every unit Current rents: $1,200/month each unit Walking distance to Florida Southern College - high student demand Strong rental market with upside potential Ideal for investors seeking stable income + value-add growth This is a rare opportunity to secure a turnkey multi-family property in a high-demand location with built-in income and future upside.
Full Property Details
Full Property Details for 201 Ariana St #1
General
- Price: $649,900
- Taxes: $4,103 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8493723
- Updated: 4/8/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Exterior
- Exterior Features: Balcony, French Doors, Sidewalk
Location
- Area: 33803 - Lakeland
- County: Polk
- Development Name: 33803 - Lakeland
- Subdivision: DIXIELAND REV
- Driving Directions: Located on Ariana St just off S. Florida Ave. Parking is located in rear of building and accessible via Ariana St and/or the alley.
Community
- Community Name: 33803 - Lakeland
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Street Lights
Structural Information
- # Buildings: 1
- Exterior Const.: Other
- Roof: Shingle
- Square Feet: 2,624
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,233
- Lot Size: 6233
- Lot Dimensions: 50 x 125
- Street/Road Desc.: Other
Financial Considerations
- Tax Amount: $4,103.61
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: DIXIELAND PB 1 PG 67 BLK S LOT 18
- Flood Zone Info: x
- APN: 232824117500045180
- Property ID: 232824117500045180
- Block/Lot/Section: S
Listed by Flat Fee Mls Realty
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Schools
Schools serving 201 Ariana St #1
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Dixieland Elementary School 416 Ariana Street, Lakeland, FL 33803 | K-5 | 0.2 mi |
Southwest Middle School, Lakeland, FL 2815 Eden Parkway, Lakeland, FL 33803 | 6-8 | 1 mi |
Lakeland Senior High School 726 Hollingsworth Road, Lakeland, FL 33801 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 Ariana St #1
Date
Details
Price
Change
Source
4/07/2026
Listed
$649,900
22.33%
MLS
2/09/2023
Sold
$531,250
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 201 Ariana St #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,104
55%
$387,840
165%
2024
$2,641
-38%
$146,304
-38%
2023
$4,269
258%
$234,192
261%
2022
$1,192
2%
$64,887
5%
2021
$1,168
—
$61,768
4%
2021
$1,168
-2%
$59,437
-1%
2017
$1,193
—
$59,950
-1%
2017
$1,193
3%
$60,666
2%
2019
$1,158
-2%
$59,437
—
2016
$1,183
2%
$59,214
4%
2015
$1,155
5%
$56,795
1%
2014
$1,104
3%
$56,317
5%
2013
$1,071
—
$53,655
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 201 Ariana St #1
201 Ariana Street #1, Lakeland, FL 33803 (MLS# TB8493723) is a Duplex property with 0 bedrooms and 0 full bathrooms. 201 Ariana Street #1 is currently listed for $649,900 and was received on April 07, 2026. Want to learn more about 201 Ariana Street #1? Do you have questions about finding other Duplex real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

