2929 NINE IRON DR

$499,000

8Bedrooms
4Bathrooms
3,400Sq Ft
1983Year Built
N/AGarage
70Days on Market
0.35 acLot Size

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.

Facts & Features

MLS #
MFRL4963478
PRICE
$499,000
STATUS
Active
BEDROOMS
8
BATHROOMS
4
FULL BATHS
N/A
HALF BATHS
N/A
SQUARE FOOTAGE
3,400 sqft
ACRES
0.35
YEAR BUILT
1983
TYPE
Duplex
STYLE
N/A

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
No
POOL
No

Exterior

STYLE
N/A
CONSTRUCTION
Concrete
FOUNDATION
Slab
ROOF
Shingle
FENCING
N/A
LOT DESCRIPTION
N/A

Additional Information

DATE LISTED
July 13, 2026
DAYS ON MARKET
70
ZONING
PUD
DIRECTION FACES
N/A
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

Community Information

ADDRESS
2929 NINE IRON DR
SUBDIVISION
Not In A Subdivision
CITY
Lakeland
COUNTY
Polk
STATE
FL
ZIP CODE
33801
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Thermostat, Primary Bedroom Main Floor
HEATING
Central
COOLING
Central Air
FLOORING
N/A
FIREPLACE
N/A
STORIES
N/A
APPLIANCES
N/A

School Information

DISTRICT
N/A
ELEMENTARY
N/A
MIDDLE
N/A
HIGH
N/A

Location

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