704 W Alamo Dr, Lakeland, FL 33813 — South Lakeland duplex with strong income potential, ideal for 1031 exchange buyers, investors, or owner-occupants pursuing a house-hack or room-rental strategy. This true duplex sits on a materially larger lot and offers documented septic line upgrades already completed, along with an enclosed garage, covered carport, and workshop or outbuilding, providing added functionality and long-term flexibility.
Each unit features a private entrance, separate electric and water meters, and individual washer/dryer hookups. One unit is currently vacant, allowing immediate occupancy or tenant placement, while the occupied unit provides in-place rental income from day one. This setup offers flexibility for owner-occupants or investors planning a phased leasing or room-rental strategy, subject to buyer verification.
Solid concrete block construction and a durable metal roof reduce long-term maintenance costs. One unit includes a newer HVAC system, lowering near-term capital expenses.
Additional features include off-street parking, a large yard, and utility spaces suitable for storage or future use. No HOA. Flood Zone X.
Conveniently located in South Lakeland near the Lake Miriam area with quick access to Publix, Lakeside Village, shopping, dining, and the Polk Parkway. Well-positioned for long-term rentals, 1031 reinvestment, or owner-occupants seeking stable income with future upside.
Buyer may receive a lender credit toward closing costs when using preferred lender. Terms apply. Ask agent for details.
Any bedroom-by-bedroom rental strategy, occupancy limits, or use of additional rooms is subject to buyer verification of local zoning, code, and occupancy regulations.
The income description goes here to explain
| List Price | $439,900 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 2,050 |
| Number of Stories | 0 stories |
| Parking Spots | 2 spots |
| Year Built | 1977 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 232912000000031090 |
| MLS # | TB8463540 |
| Property ID | 307209197 |
| Lot Sqft | 14,749 |
| Zoning | R-2 |
| Total Units | 2 |
| Days on Market | 30 |
| Original List Price | $449,000 |
| Applicances | Dishwasher, Electric Water Heater, Refrigerator% |
| Date Updated | February 09, 2026 |
| Date Created | January 12, 2026 |
Stephen Hachey an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 09, 2026 The information being provided is 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.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT