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Listed by EXP REALTY LLC

Status: Active

817 College Ave 
Lakeland, FL 33801

$349,000

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Here’s your chance to own a tenant-occupied bungalow in one of Lakeland’s most desirable rental spots — just a mile from Lake Hollingsworth, minutes from Downtown Lakeland, and right across from Florida Southern College. With a lease already in place through January, this property delivers instant income and flexibility for your next move. Whether you continue it as a steady rental, renovate for added value, or convert it into student housing or a furnished mid-term rental, the options are wide open. Inside, this 3-bedroom, 1.5-bath home blends historic charm with everyday comfort. Original hardwood floors, great natural light, and a cozy wood-burning fireplace create a warm, welcoming living space. The classic front porch—complete with a swing and ceiling fan—adds timeless appeal that tenants love. The kitchen features stainless steel appliances and looks out over the backyard, flowing seamlessly into a dining area and a flexible bonus room that’s perfect for a home office, study nook, or reading spot. Each bedroom offers generous space, including one with a charming wraparound sitting area. A bright Florida room at the back—with wall-to-wall windows and laundry access—adds even more versatility for shared living or quiet downtime. The fenced backyard offers privacy, space to relax, and a storage shed ready for your finishing touches. Situated in a walkable, historic neighborhood with consistently strong rental demand, this property combines location, charm, and investment potential all in one. Whether you’re an experienced investor or just starting your real estate portfolio, this bungalow is a smart buy with built-in cash flow and long-term upside. Come take a look — opportunities like this don’t last long!
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Bedrooms
3
Baths
1.5
House Size
1,560 sqft
Year Built
1925
Lot Size
0.16 ac

Location

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Interior Information

appliances
Convection Oven
Cooktop
Dishwasher
Disposal
Freezer
Microwave
Refrigerator
Tankless Water Heater
basement
Crawl Space
cooling
Central Air
Attic Fan
fireplace
Living Room
Wood Burning
flooring
Tile
Wood
heating
Central
Electric
laundry features
Inside
Washer Hookup
window features
Blinds

Exterior Information

fence
Fenced
Wood
patio and porch
Covered
Front Porch
road surface
Paved
roof
Shingle

Property Information

architectural style
Bungalow
community
Street Lights
construction
Frame
lot
Landscaped
Paved
other structures
Shed(s)
parking
On Street
security features
Security System
sewer
Public Sewer
subdivision name
Johnsons T H Sub
utilities
Cable Available
Cable Connected
Electricity Connected
Sewer Connected
Water Connected
water source
Public
  • Listed By Jen Lay
  • (888) 883-8509
  • EXP REALTY LLC
  • (888) 883-8509
  • a.shahin.broker@exprealty.net
  • MLS L4953417

Monthly Payments Calculator

Estimated Monthly Cost

$2,330

30 year fixed·6.9% interest rate
Principal & Interest
$1,839
Property Taxes
$291
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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