This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
$385,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
Property Description
Excellent investment opportunity in the heart of Lakeland! This fully occupied, 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. 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!
Full Property Details
Full Property Details for 602 Emma St
General
- Price: $385,000
- Taxes: $4,857 (2025)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: L4960315
- Updated: 4/24/2026
- Added to Site: 66 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Interior Features: Split Bedroom
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Balcony, Lighting
Location
- Area: 33815 - Lakeland
- County: Polk
- Development Name: 33815 - Lakeland
- Subdivision: WARD R A SUB
- Driving Directions: From I4, head south on US98, turn right onto W Memorial Blvd, turn left on Texas Ave, property is down the street on the corner of Texas Ave and Emma St.
Community
- Community Name: 33815 - Lakeland
- Pet Restrictions: No pet restrictions
Heating & Cooling
- Cooling Type: Mini-Split Unit(s), Wall/Window Unit(s)
- Heating Type: Other, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame
- Roof: Shingle
- Common Walls: Corner Unit
- Stories/Levels: Two
- Square Feet: 2,560
- Sq. Ft. Source: Public Records
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,748
- Lot Size: 4748
- Lot Dimensions: 50 x 95
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $4,857.87
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: WARD R A SUB PB 3 PG 53 BLK 8 LOT 1 N 95 FT OF E 50 FT
- Flood Zone Info: X
- APN: 232813075000008011
- Property ID: 232813075000008011
- Block/Lot/Section: 8
Listed by All County Polk Property Manag
Get Pre-Approved Today
Schools
Schools serving 602 Emma St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Valleyview Elementary School 2900 State Rd 540a E, Lakeland, FL 33813 | PK-5 | 7.5 mi |
Lakeland Highlands Middle School 740 Lake Miriam Drive, Lakeland, FL 33813 | 6-8 | 5.3 mi |
Lakeland Senior High School 726 Hollingsworth Road, Lakeland, FL 33801 | 9-12 | 2 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 602 Emma St
Date
Details
Price
Change
Source
3/17/2026
Listed
$385,000
11.59%
MLS
3/28/2024
Sold
$345,000
—
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 602 Emma St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,858
12%
$269,280
3%
2024
$4,343
13%
$261,120
24%
2023
$3,845
7%
$210,909
8%
2022
$3,589
304%
$195,397
167%
2021
$888
—
$73,183
128%
2021
$888
33%
$32,092
-6%
2019
$666
-3%
$34,163
-2%
2017
$684
—
$34,804
—
2017
$684
-34%
$34,761
-33%
2016
$1,034
29%
$51,764
32%
2015
$800
4%
$39,304
—
2014
$770
-5%
$39,301
-3%
2013
$808
—
$40,504
—
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 602 Emma St
602 Emma Street, Lakeland, FL 33815 (MLS# L4960315) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 602 Emma Street is currently listed for $385,000 and was received on March 17, 2026. Want to learn more about 602 Emma Street? Do you have questions about finding other Multi-Family real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

