542 & 540 S Clayton Avenue, LAKELAND, FL

$499,900

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6

Beds

3

Baths

2,529

Square feet

0.29

Acres

About 542 & 540 S Clayton Avenue

Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bath—ideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!

Features of 542 & 540 S Clayton Avenue

MLS® # L4963551
Price $499,900
Bedrooms 6
Bathrooms 3.00
Square Footage 2,529
Acres 0.29
Year Built 1953
Type Residential Income
Sub-Type Duplex
Status Active
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Listing Details

OfficeREGAL REAL ESTATE LLC

Listing Map

Neighborhood Information for 542 & 540 S Clayton Avenue

Growing Population, Moderate Residential Turnover, Suburb of Tampa

Weather

Highs


January 73.80℉
July 94.60℉

Lows


January 73.40℉
July 73.40℉
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Precipitation


49.13

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Lakeland Senior High School

Public - 9Th Grade to 12Th Grade - Closest High School
0 Miles
Great School

Philip O'brien Elementary School

Public - Kindergarten to 5Th Grade - Closest Elementry School
0 Miles
Great School

Lakeland Montessori Middle School

Public - 6Th Grade to 8Th Grade
0 Miles
Great School

The Roberts Academy

Private - 2Nd Grade to 7Th Grade - Closest Middle School
0 Miles
Great School

Saint Joseph's School

Catholic - Preschool to 8Th Grade
1 Miles
Great School

Lakeland Institute For Learning

Private - 3Rd Grade to 12Th Grade
1 Miles
Great School

Pace Center For Girls

Public - 6Th Grade to 12Th Grade
1 Miles

School data provided by GreatSchools

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