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518 N Ohio Ave

Lakeland, FL 33815

– beds
– baths
3,763 sqft
9,200 sqft lot
$116 per sqft
1923 build
– on site

SELLER IS PAYING $15,000 TOWARDS CLOSING COSTS, PRE-PAIDS, AND OR RATE BUY-DOWNS WITH FULL PRICE OFFER!!! 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.

Listing courtesy of STELLAR_MLS / ELITE INVESTORS REALTY LLC

Last checked: Checking… • Last updated Dec 5, 2024 •

MLS# O6241812 —

The Building

Year Built:

1923
New Construction:

false
Construction Materials:

Stucco
Levels:

Two
Roof:

Metal
Foundation Details:

Crawlspace
# of Buildings:

1
Building Area Total:

4788
Building Area Units:

Square Feet
Building Area Source:

Appraiser

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

3763
Living Area Units:

Square Feet
Living Area Source:

Appraiser

Location

Directions:

From Kathleen road, take a left on pear and a right on Ohio. It's on the corner of Ohio and Magnolia.
Latitude:

28.049365
Longitude:

-81.964341
Coordinates:

-81.964341, 28.049365

The Property

Parcel Number:

232813067500010011
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Size Acres:

0.21
Lot Size Area:

9200
Lot Size SqFt:

9200
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RA-4
View:

false
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

011
Tax Block:

010
Tax Legal Description:

BOWYERS SUB PB 3 PG 19 BLK J LOTS 1 N 80 FT & N 80 FT OF 2
Tax Book Number:

3-19
Tax Annual Amount:

4338

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/O6241812
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

The Community

Subdivision Name:

BOWYERS SUB
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

2

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
11/21/24 Nov 21, 2024	Price Changed	STELLAR_MLS	$439,995	-2.2%
10/3/24 Oct 3, 2024	Relisted	STELLAR_MLS	$449,995
9/28/24 Sep 28, 2024	Pending	STELLAR_MLS	$449,995

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This multifamily located in North Lake Wire, Lakeland, FL 33815 is currently for sale for $439,995. 518 N Ohio Ave is a 3,763 square foot multifamily with – beds and – baths that has been on Estately for 98 days. 518 N Ohio Ave is in the North Lake Wire neighborhood of Lakeland and has a WalkScore® of 52, making it somewhat walkable. This multifamily is in the attendance area of Rochelle School Of The Arts, Lawton Chiles Middle Academy, Sleepy Hill Middle School, Lincoln Avenue Academy, Rosabelle W. Blake Academy, Lakeland Senior High School, Winston Academy Of Engineering, Combee Academy Of Design And Engineering, and Valleyview Elementary School.

Listing Courtesy of: STELLAR_MLS and ELITE INVESTORS REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

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.