506 S WESTGATE AVENUE LAKELAND FL 33815 | MLS #L4964553 | Gary Kusher | Florida Real Estate

506 S WESTGATE AVENUE
LAKELAND, FL, 33815
$249,000
4 Beds
2 Baths
1,813 SqFt
0.16 Acres
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MLS #L4964553 image #0
Under contract-accepting backup offers. INVESTMENT OPPORTUNITY NEAR DOWNTOWN LAKELAND! This cement-block duplex features two 2-bedroom, 1-bath units, each offering more than 900 square feet of living area. Both units are currently rented, providing immediate rental income for the new owner. Additional highlights include fenced yards and new roof shingles, fascia and soffits completed in 2026. The property also provides ample off-street parking with six designated spaces. Conveniently located near downtown Lakeland with easy access to shopping, dining, employment and major roadways. Priced below market at $249,000. This income-producing property offers an excellent opportunity to add a solid rental property to your investment portfolio. The rents are below normal rents in the area. The rents in the community range in the $1100 to $1400 per side unit. PLEASE CALL TODAY FOR ADDITIONAL INFORMATION!!

Property Details

Price:
$249,000
MLS #:
L4964553
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
WESTGATE
Neighborhood:
33815lakeland
Listed Date:
Aug 31, 2026
Finished Sq Ft:
1,813
Total Sq Ft:
1,813
Lot Size:
6,791 sqft / 0.16 acres (approx)
Year Built:
1979
33815 – Lakeland33815lakelandWestgateRosabelle W. BlakeKathleen HighPlease Contact City Or Owner For Any Lease Restrictions

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Schools

Elementary School:
Rosabelle W. Blake
High School:
Kathleen High

Interior

Appliances
Electric Water Heater, Range, Range Hood
Cooling
Central Air
Heating
Central, Electric
Interior Features
Ceiling Fan(s)
Laundry Features
Electric Dryer Hookup, Laundry Closet, Washer Hookup

Exterior

Construction Materials
Block, Concrete
Exterior Features
Fenced
Lot Features
City Lot, Near Golf Course, Near Public Transit, Sidewalk
Roof
Shingle

Financial

Tax Year
2025
Taxes
$2,020

Map

Community

Subdivisions in LAKELAND

Market Summary

Current real estate data for Multi Family in LAKELAND as of Sep 08, 2026
28
Multi Family Listed
94
Avg DOM
172
Avg $ / SqFt
$424,761
Avg List Price

Property Summary

    Located in the WESTGATE subdivision, 506 S WESTGATE AVENUE LAKELAND FL is a Multi Family for sale in LAKELAND, FL, 33815. It is listed for $249,000 To schedule a showing of MLS#l4964553 at 506 S WESTGATE AVENUE in LAKELAND, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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506 S WESTGATE AVENUE
LAKELAND, FL