MAJOR PRICE REDUCTION!! Income producing multi family property! 12 units total over 6 duplexes generating upwards of 120k annually gross income with potential for over 140k annually. All units have had the interiors updated in the past few years aside from one. Tenants pay all utilities! There are very little fixed expenses. All units have their own HVAC and Washer and Dryer hookups. Many improvements made to the property over the last few years both interior and exterior. Units lease really quickly when vacant. Property is in great location in the heart of Mulberry and just south of Lakeland. Just off route 60 making it easy access to anywhere you need to get to. This property is ready to cash flow for years to come. Sale includes an additional vacant parcel right behind existing structures that can be built on adding additional income.
Property Details
Price:
$1,199,999
MLS #:
TB8460905
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
CRIGLER L N ADD
Neighborhood:
33860mulberry
Listed Date:
Jan 5, 2026
Finished Sq Ft:
7,584
Lot Size:
34,595 sqft / 0.79 acres (approx)
Year Built:
1950
Units:
12
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Central
Interior Features
Other
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
One
Exterior
Construction Materials
Block
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2025
Taxes
$15,236
Map
Community
- Address301 SW 3RD TERRACE MULBERRY FL
- SubdivisionCRIGLER L N ADD
- CityMULBERRY
- CountyPolk
- Zip Code33860
Subdivisions in MULBERRY
- 0000
- 27°48’02.9″N 81°58’36.1″W
- 410340-410340
- ACREAGE
- ALDERMAN J M
- BARNEY RD
- BELMONT PARK
- BELMONT WOODS
- BLACKWATER OAKS
- BRADLEY JUNCTION
- BRIDGEPORT LAKES
- BRIDGEPORT LAKES PH 1
- BRIDGEPORT LAKES PH 3
- BRIDGEPORT LAKES PHASE ONE
- BRYAN & SWEATS ADD
- CLAVILLE PROP
- COUNCIL CREST HEIGHTS
- CREEK WOODS A CONDO IN IMPERIALAKES PH 02 SEC 03
- CREEKSIDE
- CRIGLER L N ADD
- DOUBLE EAGLE IMPERIALAKES PH 01-6 SEC 04
- EAST MULBERRY OR A F FLETCHERS ADD
- ENCLAVE AT IMPERIAL LAKES
- EVERYS ADD
- FAIRWAY OAKS
- FAIRWAY OAKS FIRST ADD
- FAIRWOODS A CONDO
- FOX CREEK PB 71 PG 7
- GRANDEFIELD ON POLEY CREEK
- HERITAGE PARK
- HWY 60 ACREAGE
- IMPERIALAKES PH 01
- IMPERIALAKES PH 02
- IMPERIALAKES PH 02 SEC 01-B
- IMPERIALAKES PH ONE
- KIRKLAND LEON M SUB
- LAKE PARK ADD
- MCFADDEN & JENKINS ADD
- MCMURRAY E R ADD
- MEADOW OAKS A CONDO
- MEADOW RIDGE ESTATES
- MULBERRY
- MULFORD ROAD BUS PARK
- NO KNOWN
- NOT IN SUBDIVISION
- OAK HAMMOCK ESTATE PHASE ONE
- OAK HAMMOCK ESTATES
- OAK HAMMOCK ESTS PH 3
- OAK LANDING
- OAK LNDG
- OAK MEADOWS ESTATES ADD
- OAK TERRACE
- PINE LAKE
- PINE LAKE SUB
- PINEDALE SUB
- PINEVIEW ESTATES
- PIPKINS L N ADD
- PRESERVE AT SUNDANCE PH 02
- PRESERVE AT SUNDANCE PHASE 1
- PRESERVE AT SUNDANCE PHASE TWO
- PRESERVE/SUNDANCE PH 1
- RANCHES AT THE JUNCTION
- RANSOMES W ADD 05 TOWN BRADLEY J S
- RANSONES ADD
- RESERVE AT FAIRWAY OAKS
- ROLLING HILLS SUB
- SABAL PALM PARK ADD
- SABAL SQUARE ESTATES
- SEVEN OAKS AT SUNDANCE
- SHADY BROOKE SUB
- SUNDANCE FIELDS
- SUNDANCE VILLAGE 01 PH 02
- URNE WSW SUB
- VILLAGE/CANTERWOOD
- WATER OAK
- WEST MULBERRY HEIGHTS
- WHIDDEN & KIRKLAND ADD
- WILLOW OAK
- WSW SUB
Market Summary
Current real estate data for Multi Family in MULBERRY as of Apr 30, 2026
1
Multi Family Listed
114
Avg DOM
158
Avg $ / SqFt
$1,199,999
Avg List Price
Property Summary
- Located in the CRIGLER L N ADD subdivision, 301 SW 3RD TERRACE MULBERRY FL is a Multi Family for sale in MULBERRY, FL, 33860. It is listed for $1,199,999 To schedule a showing of MLS#tb8460905 at 301 SW 3RD TERRACE in MULBERRY, FL, contact your Charles Rutenberg Realty agent at (407) 619-0129.
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Courtesy of DIVINE REALTY AND ASSOCIATES LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than Charles Rutenberg Realty include the name of the listing broker. Neither the listing company nor Charles Rutenberg Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 301 SW 3RD TERRACE
MULBERRY, FL