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1049 Monroe St
For Sale $424,900 ($132.62 per Sq Ft)
$424,900 ($132.62 per Sq Ft)
- 6 Bedrooms
- 5 Bathrooms
- 3,204 Sq Ft
- 14,697 Sq Ft
Description
Priced at 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 lower-level apartment features 1 bedroom, 1 bathroom, 551 square feet, and a private carport. Upstairs, 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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $424,900 |
| Property Type | Single Family Homes |
| Usable Sqft | 3,204 |
| Number of Stories | 2 stories |
| Parking Spots | 1 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 242819216500001020 |
| MLS # | O6419909 |
| Property ID | 301265453 |
| Lot Sqft | 14,697 |
| Zoning | RA-4 |
| Days on Market | 14 |
| Original List Price | $449,900 |
| Applicances | Range, Refrigerator% |
| Date Updated | July 06, 2026 |
| Date Created | June 25, 2026 |
Listing Provided By
Brooke Cangro an agent of RE/MAX 200 REALTY.
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of July 06, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT