542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

  • Open House
  • New Listing
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  • Price Reduced$10,000
  • Active

$479,000

  • 6 BedroomBedrooms
  • 3 BathroomBathrooms
  • 2,529 Sq.Ft.
  • Multi-Family
  • Active
  • MLS# L4963551
  • Floor Plan
  • Sold on 
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Property Description

Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bathideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!

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Property Details 542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

Facts & Features

  • MLS #: L4963551
  • Status: Active
  • Date Listed: 07/15/2026
  • Type: Multi-Family
  • Sub Type: Duplex
  • Year Built: 1953
  • Price: $479,000
  • Acres: 0.29
  • Area: 33801 - Lakeland
  • County: Polk
  • Subdivision: BILTMORE PARK SUB
  • Bedrooms: 6
  • Bathrooms: 3
  • Total SqFt: 2,529

Amenities

  • # of Garages: 1
  • Waterfront: Yes
  • Waterfront Type: Public

Interior

  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Window Treatments
  • Flooring: Luxury Vinyl
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Utilities: Cable Connected, Electricity Connected
  • Heating: Electric
  • Cooling: Central Air

Exterior

  • Exterior Features: Outbuildings
  • Roof: Shingle
  • Construction: Block

Additional Information

  • Zoning: RB-1

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