About 1125 Olive Street
8.3% CAP RATE IN PLACE, 9.3% ON PRO FORMA: FOUR UPDATED UNITS. This turnkey fourplex delivers day one cash flow with rent upside already built into the numbers. Two separate duplexes sit on a combined 0.40-acre lot (including 3 parcels). Building one is a 1947 duplex with 1,120 sq ft, and building two is a 1954 duplex with 1,280 sq ft. All four units have been updated, so the heavy lifting is done. Current operations produce an 8.3% cap rate, and bringing rents to market per the pro forma pushes returns to a 9.3% cap rate. Add value through rent increases and efficient management, not capital projects. Four doors, two buildings, one lot, and a clear path to higher NOI. Request the rent roll and financials today.
Features of 1125 Olive Street
| MLS® # | TB8553595 |
|---|---|
| Price | $505,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 2,400 |
| Acres | 0.40 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| Has CDD | N |
| Property Taxes | $4,641 |
Community Information
| Address | 1125 Olive Street |
|---|---|
| Area | Lakeland |
| Subdivision | LAKE BEULAH HEIGHTS DIV 02 |
| City | LAKELAND |
| County | Polk |
| State | FL |
| Zip Code | 33815-4307 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Ninguno |
|---|---|
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Shingle |
| Foundation | Crawlspace, Slab |
Additional Information
| Date Listed | October 8th, 2026 |
|---|---|
| Zoning | RB-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | COLDWELL BANKER REALTY |
|---|