115 EMMA STREET LAKELAND FL 33815 MLS #O6421108

115 EMMA STREET
LAKELAND, FL, 33815
$399,000
7 Beds
5 Baths
2,696 SqFt
0.1 Acres
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MLS #O6421108 image #0
Don’t miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings:

* One duplex with separate electric meters for each unit.
* One detached single-family home.

Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction.

Proposed Redevelopment Plans

* Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence.
* Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property.

The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility.

Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.

Property Details

Price:
$399,000
MLS #:
O6421108
Status:
Active
Beds:
7
Baths:
5
Type:
Multi Family
Subtype:
Triplex
Subdivision:
PATTERSON & COX SUB
Neighborhood:
33815lakeland
Listed Date:
Jul 1, 2026
Finished Sq Ft:
2,696
Lot Size:
4,552 sqft / 0.10 acres (approx)
Year Built:
1900
33815 – Lakeland33815lakelandPatterson & Cox Sub

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Schools

Interior

Cooling
None
Heating
None
Interior Features
Ninguno
Laundry Features
Other

Exterior

Construction Materials
Other
Exterior Features
Other
Roof
Shingle

Financial

Tax Year
2025
Taxes
$1,903

Map

Community

Subdivisions in LAKELAND

Market Summary

Current real estate data for Multi Family in LAKELAND as of Jul 01, 2026
32
Multi Family Listed
70
Avg DOM
188
Avg $ / SqFt
$412,222
Avg List Price

Property Summary

    Located in the PATTERSON & COX SUB subdivision, 115 EMMA STREET LAKELAND FL is a Multi Family for sale in LAKELAND, FL, 33815. It is listed for $399,000 To schedule a showing of MLS#o6421108 at 115 EMMA STREET in LAKELAND, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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