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1247 E Parker Street

Lakeland, FL 33801

5 beds
3 baths
2,160 sqft
6,856 sqft lot
$182 per sqft
1976 build
– on site

This centrally located duplex is available and an excellent opportunity for investors looking for a strong cash flow or a savvy buyer looking to occupy one unit while renting out the other. With a strong occupancy history and low vacancy rate, it offers reliable cash flow potential. The property features two well-maintained units. Unit A is a spacious 3-bedroom, 2-bath with updated kitchen and bathrooms. Unit B is a 2-bedroom, 1-bath with an updated kitchen and bathroom. The building’s roof was replaced in 2020. All utilities are separately metered for convenience and efficiency. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this duplex is a great option with strong rental demand in the area. TENANT OCCUPIED. PLEASE DO NOT DISTURB.

Listing courtesy of STELLAR_MLS / THE SHOP REAL ESTATE CO.

Last checked: Checking… • Last updated Jan 22, 2025 •

MLS# TB8337031 —

The Building

Year Built:

1976
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Foundation Details:

Slab
Window Features:

Blinds
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Living Room/Dining Room Combo
Fireplace:

false

Room Dimensions

Living Area:

2160
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From I-4 head toward Memorial Blvd. Head east on Memorial Blvd. Take a right onto N Lake Parker Ave. Take a right onto E Parker St and destination will be on your right.
Latitude:

28.051234
Longitude:

-81.939079
Coordinates:

-81.939079, 28.051234

The Property

Parcel Number:

242817191000002120
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Size Acres:

0.16
Lot Size Area:

6856
Lot Size SqFt:

6856
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RB-1
View:

false
Exterior Features:

Other
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Concrete
Flood Zone Code:

X
Flood Zone Panel:

12105C0315G
Additional Parcels:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

12
Tax Block:

2
Tax Legal Description:

LAKE PARKER TERRACE SUB PB 10 PG 5 BLK 2 LOT 12
Tax Book Number:

10-5
Tax Annual Amount:

2430

Beds

Bedrooms Total:

5

Baths

Total Baths:

3

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8337031
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Cooktop
Laundry Features:

In Kitchen

Schools

Elementary School:

Philip O’Brien Elementary
Middle Or Junior School:

Crystal Lake Middle/Jun
High School:

Lakeland Senior High

The Community

Subdivision Name:

LAKE PARKER TERRACE SUB
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Driveway

Extra Units

# of Units Total:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/17/25 Jan 17, 2025	Listed / Active	STELLAR_MLS	$394,900

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This multifamily located in Shore Acres, Lakeland, FL 33801 is currently for sale for $394,900. 1247 E Parker Street is a 2,160 square foot multifamily with 5 beds and 3 baths that has been on Estately for 5 days. 1247 E Parker Street is in the Shore Acres neighborhood of Lakeland and has a WalkScore® of 43, making it car-dependent. This multifamily is in the attendance area of Winston Academy Of Engineering, Combee Academy Of Design And Engineering, Philip O'Brien Elementary School, Lakeland Senior High School, Rosabelle W. Blake Academy, Rochelle School Of The Arts, Crystal Lake Middle School, Lincoln Avenue Academy, and Lawton Chiles Middle Academy.

Listing Courtesy of: STELLAR_MLS and THE SHOP REAL ESTATE CO..

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.