About 506 S Westgate Avenue
INVESTMENT OPPORTUNITY NEAR DOWNTOWN LAKELAND! This cement-block duplex features two 2-bedroom, 1-bath units, each offering more than 900 square feet of living area. Both units are currently rented, providing immediate rental income for the new owner. Additional highlights include fenced yards and new roof shingles, fascia and soffits completed in 2026. The property also provides ample off-street parking with six designated spaces. Conveniently located near downtown Lakeland with easy access to shopping, dining, employment and major roadways. Priced below market at $249,000. This income-producing property offers an excellent opportunity to add a solid rental property to your investment portfolio. The rents are below normal rents in the area. The rents in the community range in the $1100 to $1400 per side unit. PLEASE CALL TODAY FOR ADDITIONAL INFORMATION!!
Features of 506 S Westgate Avenue
| MLS® # | L4964553 |
|---|---|
| Price | $249,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 1,813 |
| Acres | 0.16 |
| Year Built | 1979 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 506 S Westgate Avenue |
|---|---|
| Area | Lakeland |
| Subdivision | WESTGATE |
| City | LAKELAND |
| County | Polk |
| State | FL |
| Zip Code | 33815-4069 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Electric Water Heater, Range, Range Hood |
| Heating | Central, Electric |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Fenced |
|---|---|
| Lot Description | City Lot, Near Golf Course, Near Public Transit, Sidewalk |
| Roof | Shingle |
| Foundation | Slab |
School Information
| Elementary | Rosabelle W. Blake |
|---|---|
| High | Kathleen High |
Additional Information
| Date Listed | August 31st, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | RB-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KELLER WILLIAMS REALTY |
|---|