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$425,000

728 Johnson Ave Lakeland, FL 33801 Multi Unit - Multiple Active

  • 728 Johnson Ave , Lakeland, FL 33801 Main Photo

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Description

Prime investment opportunity right in the heart of Lakeland! This duplex features two exceptional units-a spacious 2-bedroom, 1-bath unit and a charming 1-bedroom, 1-bath unit-both thoughtfully updated and move-in ready. Ideally located just minutes from Florida Southern College, Lake Morton, Lake Hollingsworth, and many shopping, dining, and entertainment options, this property offers the best of Lakeland living. Downtown is less than one mile away, allowing residents and guests to enjoy popular local attractions such as First Friday events, the Saturday Farmers Market, and a vibrant downtown scene as easy as a walk, bike ride, or short drive away. Most recently operated as a successful short-term rental, both units are being sold fully furnished and completely outfitted, making this a true turnkey investment opportunity. The property is equally well-suited for long-term rental income or owner-occupancy with supplemental rental revenue. A shared backyard and common outdoor space provide a welcoming area for relaxation and entertaining, while dedicated parking is conveniently located behind the home. Each unit also includes its own storage shed equipped with a washer and dryer. Recent improvements include upgraded flooring, window treatments, appliances, beautifully renovated bathrooms, and a brand-new roof installed in 2025. Adding to the home's charm is the inviting front porch, the perfect place to unwind and enjoy Florida's beautiful weather. Whether you're looking to expand your investment portfolio or secure a owner-occupied income producing opportunity in one of Lakeland's most desirable locations, this duplex is a rare opportunity you won't want to miss.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.16 Acres
Roof Type: Other
Stories: 1.0
Taxes: $4,823
Year Built: 1925

General Information

Sqft: 1,536
County: Polk
High School: Lakeland Senior High
Subdivision: JOHNSONS T H
Listed By:
Zachary Lay LLC WATSON REALTY CORP. 407-589-1600

Amenities

Built-in Features
Storage

Property Features

Annual Net Income: 31350.00
Appliances: Microwave, Range, Refrigerator, Washer, Dishwasher, Dryer
Days on Site: 2
Directions: From Frank Lloyd Wright, South on Johnson. Home is on right,
Exterior: Frame
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Historic District, City Limits
Lot Dimensions: 0.16
Other Structures: Shed(s)
Ownership: Fee Simple
Parking: Guest, Off Street
Parking Notes: Guest, Off Street
Patio/Porch: Covered, Front Porch
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: 0850
$425,000
1,536sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET1,536 MLS#L4962544
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJOHNSONS T H

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728 Johnson Ave , Lakeland, FL 33801.

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Estimated Payment

$ 1,959.33 per month $1,433.45 Principal & Interest $401.92 Property Tax $123.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/10/2026. The listing information on this page last changed on 06/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/10/2026 1:24:32 AM EST) or Stellar MLS (last updated Wed 06/10/2026 1:13:54 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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