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$695,000
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Property Description
Fully leased 6-unit multifamily in the heart of Lakeland - six 1BD/1BA units at approximately 496 sq ft each, all occupied and producing from day one. Every unit has its own electric meter and central A/C, keeping tenants self-sufficient and owner expenses lean. Solid concrete construction means durability and low maintenance year after year. City water with private septic. Steps from the best of downtown: Lake Mirror, Hollis Garden, Bonnet Springs Park, the Polk Theatre, and Florida Southern College. True turnkey cash flow in one of Central Florida's fastest-growing markets - the kind of asset that rarely comes available.
Full Property Details
Full Property Details for 214 N Chestnut Rd #6
General
- Price: $695,000
- Taxes: $11,702 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8534756
- Updated: 8/16/2026
- Added to Site: 61 day(s) ago
Interior
- Appliances: Refrigerator
Additional Information
- Security/Safety: Smoke Detector(s)
Location
- Area: 33815 - Lakeland
- County: Polk
- Development Name: 33815 - Lakeland
- Driving Directions: From I-4, take Exit 32 (US-98 / Lakeland) and head north on US-98 for about 3 miles. Turn onto E Memorial Blvd, then turn onto N Chestnut Rd — the property is on the right, just off the highway.
Community
- Community Name: 33815 - Lakeland
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available, Phone Available, Public, Telephone Nearby
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete
- Stories/Levels: One
- Square Feet: 2,975
- Sq. Ft. Source: Public Records
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,756
- Lot Size: 8756
- Frontage: City Street
- Street/Road Desc.: Brick, Concrete
Financial Considerations
- Tax Amount: $11,702
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG 535PT1 FT S OF NE COR OF E1/4 OF SW1/4 OF SE1/4 RUN W 155 FT S 65 FT E 155 FT N TO BEG LESS MAINT R/W
- Flood Zone Info: X
- APN: 232815000000024280
- Property ID: 232815000000024280
Listed by Lokation
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Schools
Schools serving 214 N Chestnut Rd #6
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Kathleen Senior High School 1100 Red Devil Way, Lakeland, FL 33815 | 9-12 | 1.1 mi |
R. Bruce Wagner Elementary School 5500 Yates Road, Lakeland, FL 33811 | PK-5 | 5.3 mi |
Sleepy Hill Middle School 2215 Sleepy Hill Road, Lakeland, FL 33810 | 6-8 | 3.6 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 214 N Chestnut Rd #6
Date
Details
Price
Change
Source
8/10/2026
Listed
$695,000
—
MLS
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 214 N Chestnut Rd #6
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,702
—
$529,200
-18%
2025
$11,702
174%
$648,648
54%
2024
$4,266
27%
$422,496
53%
2023
$3,351
15%
$277,016
19%
2021
$2,920
77%
$232,908
-10%
2022
$1,650
-43%
$257,677
137%
2021
$2,920
36%
$108,584
-4%
2017
$2,145
—
$112,854
4%
2017
$2,145
5%
$109,010
6%
2016
$2,050
8%
$102,834
10%
2015
$1,897
-13%
$93,226
-17%
2019
$2,186
24%
$112,178
24%
2014
$1,770
-1%
$90,297
1%
2013
$1,792
—
$89,770
—
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 214 N Chestnut Rd #6
214 N Chestnut Road #6, Lakeland, FL 33815 (MLS# TB8534756) is a Commercial property. 214 N Chestnut Road #6 is currently listed for $695,000 and was received on August 10, 2026. Want to learn more about 214 N Chestnut Road #6? Do you have questions about finding other Commercial real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

