5615 Oak Avenue Nw, Lakeland Fl 33810 - MLS# TB8455287

Residential Property - Single Family Residence in Lakeland

Listing Price: $500,000Days on Market: 5

Description of Property

Welcome to this charming and well-maintained property offering excellent income potential and modern upgrades. The main house features a spacious 2-bedroom, 2-bath layout, complemented by recent renovations including a remodeled kitchen and bathroom, along with new tile flooring throughout. The roof was replaced in 2025, ensuring long-term durability, and the air conditioning system was upgraded in 2021 for optimal comfort. The property boasts a total of three efficiencies, all currently rented, providing steady rental income. Outdoor amenities include a new fence installed in 2022, securing the entire perimeter. The property is equipped with two septic tanks, supporting the various rental units and main residence. Whether you're an investor seeking reliable cash flow or looking for a versatile live-work setup, this property offers both opportunity and peace of mind. Don't miss the chance to own this income-generating oasis with modern updates and excellent rental history. Schedule your showing today!The average asking price for a 5 bedroom/5 bath single family residence in this Zip code is $2,000,000. This single family residence is listed at about 25% of the average asking price. This is the only 5 bedroom/5 bath single family residence between $400,000 and $600,000 currently listed for sale in this Zip code.

Property Details At A Glance

Virtual Tour

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lakeland
County: Polk
Subdivision: Oak Ave Nw
Bedrooms: 5
Bathrooms: 5
Sq. Ft. Gross: 1,672
Sq. Ft. Living Area: 1,672
Cost per (heated) sqare foot: $299
Year built: 1962
Annual Tax: $4,086

Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

Interior Features: Other
Appliances: None

Flooring: Tile

Laundry Features: Other

Pool & Waterfront Info

Private Pool: Not specified

Exterior & Construction

Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:

Utilities: Public
Sewer: Septic Tank
Water Source: Public

Lot Information

Lot Size (acres): 2.5
Lot Size (sq. ft.): 108,883 square feet
Lot Dimensions: 169 x 200
Front Exposure: North

Legal Description & Other Information

Financing Available: FHA
Parcel Number: 232720000000022130
Zoning: R-3
Tax Legal Desc.: BEG NE COR OF NE1/4 OF SE1/4 OF SE1/4 RUN S 321PT85 FT FOR POB CONT S 169 FT W 660 FT N 169 FT E 660 FT TO POB LESS RD R/W
Section: 20
Range: 23

Map

Listing courtesy of GOLD REAL ESTATE SOLUTIONS. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.