2538 Chestnut Woods Drive, Lakeland, FL 33815

New Listing
$285,000
Property Type: Residential Income Square Footage: 7,057 Status: Active
Current Price: $285,000 List Date: 10/27/2026 Last Modified: 10/27/2026

Overview

Description

EXCELLENT INVESTMENT OPPORTUNITY! Income-producing duplex in Lakeland featuring two spacious 2-bedroom, 1-bathroom units. One unit is currently rented for $1,400 per month, while the second unit is VACANT and ready for immediate occupancy or a new tenant! Perfect opportunity for investors looking to generate rental income or buyers looking to live in one unit while collecting rent from the other. Each unit features tile flooring, a spacious living area, cozy kitchen, split bedrooms, inside laundry room, and covered carport parking. Conveniently located near schools, shopping, major distribution centers, and easy access to I-4. Situated on a quiet dead-end street with minimal traffic. Great investment potential with immediate rental income and flexibility to maximize returns. Don't miss this opportunity!

Listing Details MLS# A12113928

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
7057
Living Area Main
2006
Year Built
1980
Parking Total
4
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: None Flooring: Concrete Property Condition: Resale Structure Type: Duplex Construction Materials: Brick Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Showing Requirements: 24 Hour Notice; Call Listing Agent; Call Owner

Contract Information

Comp Sale YN
No
Original List Price
285000

Location and Legal

Country
United States
County Or Parish
Polk
County Parish Name
Polk
Street Number
2538
Street Name
Chestnut Woods
Street Suffix
Drive
City Name
Lakeland
State Or Province
FL
Postal Code
33815
Postal Zip
33815
Subdivision Name
Chestnut Woods sub
Area
5940 - Other Florida County
Geographic Area
Other
Parcel Number
232815086120000320
Zoning
RB-2

Financial Information

Tax Annual Amount
3901
Tax Year
2025
Tax Legal Description
Verify recorded legal description

Status Change Information

Major Change Timestamp
2026-10-27T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-27

More Information

Income and Expenses

Gross Income
1400

Price Calculations

Current Price To SqFt
142.07

Section Details

Parcel Number MLX
32

Originating Details

Originating System Key
568744132
Originating System ID
M00000151
IDX
Listing Office: Luxe Properties
Source MLS Verified
Last Updated: October - 27 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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