Date
Details
Price
Change
Source
10/01/2026
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/27
$499,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/27
Property Description
Fully leased four-unit investment opportunity near Downtown Lakeland! Located at 902-904 E Lime Street, this income-producing property features four residential units, each offering 1 bedroom, 1 bathroom, a kitchen, and living area. Two units are located within the main residence, with two additional units situated in the detached rear building, creating a unique multifamily configuration with separation between the structures. All four units are currently leased and generate approximately $4,450 per month in gross rental income. The owner currently pays utilities, averaging approximately $634 per month, providing prospective investors with established income and operating history from day one. The property has also demonstrated a strong history of occupancy; prior marketing materials report that it maintained full occupancy for more than a decade. Situated in the Downtown Lakeland area, the property offers convenient access to shopping, dining, employment centers, major roadways, and the amenities of Lakeland's urban core. With 100% current occupancy, $53,400 in annual gross rental income based on current rents, and four self-contained living units, this is an opportunity to acquire an established multifamily property in a central Lakeland location. Please do not disturb tenants. Showings by appointment only. Buyer to verify all measurements, unit information, leases, income, expenses, zoning, and property details.
Full Property Details
Full Property Details for 902 E Lime St
General
- Price: $499,000
- Taxes: $2,187 (2025)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: L4965488
- Updated: 10/2/2026
- Added to Site: 9 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile, Laminate
Rooms
Other Rooms
- Laundry: Common Area, Electric Dryer Hookup, Washer Hookup
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Fenced, Sidewalk
- Deck/Patio: Enclosed, Front Porch
- Porch/Patio/Deck: Enclosed, Front Porch
Parking
- Parking Features: Driveway, Ground Level, Off Street, Parking Pad
Location
- Area: 33801 - Lakeland
- County: Polk
- Development Name: 33801 - Lakeland
- Subdivision: MORTONS ADD
- Driving Directions: From I4, take exit 33 for CR-582 toward FL-33/Lakeland. Turn left onto N Socrum Loop Rd. Turn right onto FL-33 S. Continue straight onto N Massachusetts Ave. Use the left 2 lanes to turn left onto Bartow Rd. Turn right onto E Lime St. Destination will be on the right
School Information
- Elementary School: Philip O’Brien Elementary
- Middle School: Sleepy Hill Middle
- High School: Lakeland Senior High
Community
- Community Name: 33801 - Lakeland
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
- Heating Type: Propane
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 2,048
- Sq. Ft. Source: Public Records
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,001
- Lot Size: 10001
- Lot Dimensions: 50 x 200
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,187.46
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MORTONS ADD DB Q PG 79 BLK G LOT 21 W1/2
- Flood Zone Info: X
- APN: 242818205000007212
- Property ID: 242818205000007212
- Block/Lot/Section: G
Listed by Century 21 Myers Realty
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 902 E Lime St —
Century 21 Myers Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 902 E Lime St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Philip O'brien Elementary School 1225 East Lime Street, Lakeland, FL 33801 | PK-5 | 0.4 mi |
Sleepy Hill Middle School 2215 Sleepy Hill Road, Lakeland, FL 33810 | 6-8 | 4.6 mi |
Lakeland Senior High School 726 Hollingsworth Road, Lakeland, FL 33801 | 9-12 | 0.7 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 902 E Lime St
Estimate the Cost
Estimate the Cost for 902 E Lime St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Mobile Home
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,664Sq. Ft.
Listed by Keller Williams Realty
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,236Sq. Ft.
Listed by MJM Group (813) 662-1610
- Mobile Home
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 672Sq. Ft.
Listed by Exit Realty 4Corners
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,215Sq. Ft.
Listed by Mark Spain Real Estate
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Mobile Home
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,500Sq. Ft.
Listed by Remax Experts
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,334Sq. Ft.
Listed by Florida Landmark Realty
- Lots/Land
- Active
- Updated 5 days ago
- 5.07Acres
Listed by Divine Estates Realty Llc
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 1,507Sq. Ft.
Listed and Sold by Realty Hub
- Single Family
- Closed
- 5Beds
- 5Total Baths
- 3,276Sq. Ft.
Listed by Porchlight Homes Llc
Sold by Keller Williams Realty Smart
Sold by Keller Williams Realty Smart
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,876Sq. Ft.
Listed by Premier Realty Network, Inc
Sold by Nugget Realty
Sold by Nugget Realty
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 1,716Sq. Ft.
Listed by Remax Experts
Sold by 54 Realty Llc
Sold by 54 Realty Llc
902 E Lime Street, Lakeland, FL 33801 (MLS# L4965488) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 902 E Lime Street is currently listed for $499,000 and was received on October 01, 2026. Want to learn more about 902 E Lime 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.