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$303,000
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Property Description
Fantastic duplex investment opportunity in the heart of Lakeland! This well-maintained property features two 2-bedroom, 1-bath units with brand-new HVAC systems (2025) and a recently replaced roof (2023), offering peace of mind for years to come. Unit 505 has been upgraded with new interior and exterior doors, and both units are currently rented below market value, providing excellent potential for increased income. Built in 1973 and situated on a 0.19-acre lot with nearly 1,974 sq. ft. of living space, this property combines strong rental potential with long-term value. Conveniently located near schools, shopping, and major highways, it's a perfect turnkey investment in a high-demand area.
Full Property Details
Full Property Details for 505 Choctaw Ave
General
- Sold For: $303,000
- Taxes: $4,052 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8420974
- Added to Site: 189 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Other
- Appliances: None
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Other
Parking
- Parking Features: None
Location
- Area: 33815 - Lakeland
- County: Polk
- Development Name: 33815 - Lakeland
- Subdivision: ALBERT PARK ADDITION
- Driving Directions: South Central to Olive Street West, (L) Choctaw to address on right.
- Direction Faces: North
School Information
- Elementary School: Jesse Keen Elem
- Middle School: Lawton Chiles Middle
- High School: Kathleen High
Community
- Community Name: 33815 - Lakeland
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected
Structural Information
- Exterior Const.: Block
- Roof: Membrane
- Stories/Levels: One
- Square Feet: 1,974
- Sq. Ft. Source: Public Records
- Living Area: 1,974 Sq. Ft.
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,099
- Lot Size: 8099
- Lot Dimensions: 75.0 x 108.0
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Assoc Fee Desc.: None
- Tax Amount: $4,052
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ALBERT PARK ADD PB 3 PG 25 BLK H LOTS 10 S1/2 & 11
- Flood Zone Info: ANI
- APN: 232823108500008101
- Property ID: 232823108500008101
- Block/Lot/Section: 8
Listed and Sold by Chirino Real Estate
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Schools
Schools serving 505 Choctaw Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Jesse Keen Elementary School 815 Plateau Avenue, Lakeland, FL 33815 | PK-5 | 0.4 mi |
Kathleen Senior High School 1100 Red Devil Way, Lakeland, FL 33815 | 9-12 | 1.6 mi |
Southwest Middle School, Lakeland, FL 2815 Eden Parkway, Lakeland, FL 33803 | 6-8 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Choctaw Ave
Date
Details
Price
Change
Source
10/16/2025
Sold
$303,000
-3.81%
MLS
8/25/2025
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 Choctaw Avenue, Lakeland, FL 33815 (MLS# TB8420974) is a Single Family property that was sold at $303,000 on October 16, 2025. Want to learn more about 505 Choctaw Avenue? Do you have questions about finding other Single Family real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

