542 & 540 S Clayton Avenue, LAKELAND, FL

$499,900

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6

Beds

3

Baths

2,529

Square feet

0.29

Acres

About 542 & 540 S Clayton Avenue

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 bath—ideal 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!

Features of 542 & 540 S Clayton Avenue

MLS® # L4963551
Price $499,900
Bedrooms 6
Bathrooms 3.00
Square Footage 2,529
Acres 0.29
Year Built 1953
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 542 & 540 S Clayton Avenue
Area Lakeland
Subdivision BILTMORE PARK SUB
City LAKELAND
County Polk
State FL
Zip Code 33801-5408

Amenities

# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Eating Space In Kitchen, Window Treatments
Appliances Electric Water Heater, Microwave, Range, Refrigerator
Heating Electric
Cooling Central Air
Fireplace No

Exterior

Exterior Features Outbuilding
Roof Shingle
Foundation Slab

Additional Information

Date Listed July 15th, 2026
Days on Market 55
Zoning RB-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeREGAL REAL ESTATE LLC

Listing Map

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