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$499,000 - 2929 Nine Iron Drive, LAKELAND

8
Bedrooms
4
Baths
3,400
SQ. Feet
0.35
Acres

Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive in Lakeland, this rare multifamily property includes three occupied units and one vacant unit, providing immediate rental income while offering flexibility to lease the vacant unit at current market rates or occupy it yourself. Each unit features 2 bedrooms, 1 full bathroom, and washer/dryer hookups for added tenant convenience. Both duplexes received new roofs in 2019, helping reduce future maintenance costs. Ideally situated in a central Lakeland location, the property offers easy access to shopping, dining, schools, major roadways, and everyday conveniences, making it highly desirable for tenants and supporting strong long-term rental demand. Whether you're looking to expand your investment portfolio or acquire a well-positioned multifamily asset, opportunities like this are rare. With established rental income, additional upside through the vacant unit, and a prime location, this is an investment you won't want to miss.

Essential Information

  • MLS® #:
    L4963478
  • Price:
    $499,000
  • Bedrooms:
    8
  • Bathrooms:
    4.00
  • Square Footage:
    3,400
  • Acres:
    0.35
  • Year Built:
    1983
  • Type:
    Residential Income
  • Sub-Type:
    Duplex
  • Status:
    Active

Community Information

  • Address:
    2929 Nine Iron Drive
  • Area:
    Lakeland
  • Subdivision:
    NOT IN A SUBDIVISION
  • City:
    LAKELAND
  • County:
    Polk
  • State:
    FL
  • Zip Code:
    33801-6717

Interior

  • Interior Features:
    Primary Bedroom Main Floor, Thermostat
  • Heating:
    Central
  • Cooling:
    Central Air

Exterior

  • Exterior Features:
    Lighting
  • Roof:
    Shingle
  • Foundation:
    Slab

Additional Information

  • Days on Market:
    75
  • Zoning:
    PUD

Listing Details

  • Listing Office:
    All County Polk Property Manag

Listing information courtesy of All County Polk Property Manag.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on September 27th, 2026 at 11:38pm EDT.