This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch
Sold for $420,000 on 06/02/25
$420,000
518 N Ohio Ave, Lakeland, FL 33815
10beds
3baths
3,763sqft
Duplex, Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$112/sqft
$1,436 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 10:04am
Listing Provided by:
Non-Member Agent,
STELLAR NON-MEMBER OFFICE 000-000-0000
Bought with:
Danny Dhannu, 3047883
ELITE INVESTORS REALTY LLC
Source: Stellar MLS,MLS#: J989671
Originating MLS: Other

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator
- Laundry: Inside
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
Interior area
- Total structure area: 4,788
- Total interior livable area: 3,763 sqft
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Sidewalk
Lot
- Size: 9,200 sqft
Details
- Parcel number: 232813067500010011
- Zoning: RA-4
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Stucco, Wood Frame
- Foundation: Crawlspace
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Water Connected
Community & neighborhood
Location
- Region: Lakeland
- Subdivision: BOWYERS SUB
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Asphalt