Active
$365,000
Est. $2,491/mo

602 Emma St, Lakeland, FL, 33815

$143/sqft·Ward R A

4 bd4 ba2,560 sqftQuadruplex
Listed by ALL COUNTY POLK PROPERTY MANAG· Last updated · MLS# L4960315

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Est. monthly payment
$2,491/mo
Down payment (20%)
$73,000
Property taxes
$405/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 1930
4,748 sqft lot
Lot size
2,560 sqft
Living area

About this home

Split BedroomBalconyLighting

602 Emma St is a 1930-built home in Ward R A Sub, Lakeland. Inside you'll find 4 bedrooms, 4 bathrooms, and 2,560 square feet of living space. Listed at $365,000 (about $143/sqft), 123 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Excellent investment opportunity in the heart of Lakeland! This income-producing quadraplex at 602 Emma St features four separate 1-bedroom, 1-bathroom units, ideal for generating consistent rental income or expanding your portfolio. 1 unit is currently vacant, offering flexibility for an owner occupant situation. Each unit offers a functional layout, appealing to a wide range of tenants. Situated in a central Lakeland location, the property provides convenient access to shopping, dining, major roadways, and local amenities, making it attractive for long-term renters. A newer roof installed in 2021 adds peace of mind and reduces near-term maintenance costs. Whether you're a seasoned investor or just getting started, this multi-unit property offers strong income potential in a growing market. Don’t miss your chance to secure a solid asset in a prime location!

The essentials

Built
1930
Price / sqft
$143
On market
182 days
Annual tax
$4,858
Flood zone
X · Low risk
Lot
4,748 sqft
Type
Quadruplex

Location

602 Emma St
Lakeland, FL, 33815·33815 - Lakeland
Type
Quadruplex
Year Built
1930
Lot
4,748 sqft
Cooling
Mini-Split Unit(s), Wall/Window Unit(s)
Heating
Other, Ductless
Parking
-
Days on Market
182
Split Bedroom
Balcony
Lighting
Flood Zone X

Annual Tax (2025)

$4,858

Parcel #

23-28-13-075000-008011

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Ward R A Sub

County

Polk

MLS Area

33815 - Lakeland

Lot Size

4,748 sqft

Date
Event
Price
8/7/2026
Price change
Source: Stellar MLS #L4960315
$365,000-1.4%
$143/sqft
—
Price change
Source: Stellar MLS #L4960315
$370,000-3.9%
$145/sqft
3/17/2026
Listed for sale
Source: Stellar MLS #L4960315
$385,000
$150/sqft
Est. monthly payment$2,491/mo
Principal & interest$1,904
Property taxes$405
Insurance$183
Down payment20% · $73,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $365,000
$362,500 – $365,000
99.5% – 100% of listTops out right at the list price
80% of listList price
20 of the last 37 home closings in 33815 landed at this number or higher (54%). The median one sat 43 days before it went under contract, and this one is on day 182 after a $20,000 cut.

Sample: 37 closed home sales in 33815 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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