$4,689

closing credit¹

1247 E Parker St Lakeland, FL 33801

$394,900
5 beds
3 baths
2,160 sqft
0.2 acres
$183 / sqft
Multi-Family

Property details

About 1247 E Parker St

This centrally located duplex is available and an excellent opportunity for investors looking for a strong cash flow or a savvy buyer looking to occupy one unit while renting out the other. With a strong occupancy history and low vacancy rate, it offers reliable cash flow potential. The property features two well-maintained units. Unit A is a spacious 3-bedroom, 2-bath with updated kitchen and bathrooms. Unit B is a 2-bedroom, 1-bath with an updated kitchen and bathroom. The building’s roof was replaced in 2020. Utilities are separately metered for convenience and efficiency. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this duplex is a great option with strong rental demand in the area. TENANT OCCUPIED. PLEASE DO NOT DISTURB.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,160 sqft
Lot size0.16 Acres
Year built1976
ParkingDriveway, Ground Level, Off Street, Parking Pad
MLS #TB8337031

Summary

  • MLS Number: TB8337031
  • MLS Name: MFRMLS
  • Office Name: THE SHOP REAL ESTATE CO.
  • Office Phone: (727) 593-7777
  • Listing Agent: Terry Connors, II

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring a front yard and covered porch

$394,900

1247 E Parker St

$4,689

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Philip O'Brien Elementary School

Public District PK-5

0.8 mi

1225 E Lime St

8

Lakeland Montessori School House

Public Charter KG-6

1.1 mi

1124 N Lake Parker Ave

9

McKeel Elementary Academy

Public Charter PK-6

1.1 mi

411 N Florida Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,309. The majority of Lakeland, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

50%
<35k
43%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
21%
Single, with Kids
21%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • ToyotaToyota

What do the neighbors listen to?

  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 1247 E Parker St in Lakeland, FL and zip code 33801 in the Shore Acres neighborhood. This 2,160 square foot home, which was built in 1976, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $394,900.

In December 2024 more than 34 listings in Lakeland, FL were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 131 were sold below. The number of homes for sale in Lakeland, FL decreased by 2.1% between November and December 2024. While the average time on the market in December 2024 was 53 days, the median list price was $319,992.

From Rocket Homes Real Estate and based on county public records data.

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