About 1049 Monroe Street
Under contract-accepting backup offers. Owner Financing Available!! Priced $25k below appraised value, copy available---Rare opportunity to own a charming historic property with built-in income potential in the heart of Lakeland! The main residence offers 1,981 square feet of living space with 3 bedrooms and 2 bathrooms, showcasing the timeless character and craftsmanship of its 1930 construction. Major updates include a new roof in 2017 and HVAC system in 2018, providing added peace of mind. What truly sets this property apart is the detached income-producing building located on the same parcel. The upstairs is a rentable unit with, a separate entrance leads to a 2-bedroom, 1-bath apartment offering 662 square feet. Whether you're looking to offset your mortgage, generate additional monthly income, accommodate extended family, or expand your investment portfolio, the possibilities are endless. Live comfortably in the main home while collecting rental income from both apartments from day one. Unique properties offering historic charm, multiple rental units, and immediate income potential are hard to find—don't miss this exceptional Lakeland opportunity!
Features of 1049 Monroe Street
| MLS® # | O6419909 |
|---|---|
| Price | $399,900 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 3,204 |
| Acres | 0.34 |
| Year Built | 1925 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Historical |
| Status | Pending |
Community Information
| Address | 1049 Monroe Street |
|---|---|
| Area | Lakeland |
| Subdivision | AVALON PARK |
| City | LAKELAND |
| County | Polk |
| State | FL |
| Zip Code | 33801-5644 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), PrimaryBedroom Upstairs, Walk-In Closet(s) |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Central, Electric |
| Cooling | Central Air |
| Fireplace | Yes |
| Fireplaces | Wood Burning |
| # of Stories | 2 |
Exterior
| Exterior Features | Private Entrance, Sidewalk |
|---|---|
| Roof | Shingle |
| Foundation | Crawlspace |
Additional Information
| Date Listed | June 25th, 2026 |
|---|---|
| Days on Market | 64 |
| Zoning | RA-4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX 200 REALTY |
|---|