# 1040 S OHIO AVE, Lakeland, FL 33803 > **TL;DR:** 2bd/2ba single family, $293,900 ($267/sqft), built 1925, 1,100 sqft. > A/C. Est. $1,572/mo. Listed 164 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $293,900 | | Price/sqft | $267 | | Bedrooms | 2 | | Bathrooms | 2 full | | Square Feet | 1,100 | | Year Built | 1925 | | Lot Size | 6,970 sqft (0.16 acres) | | Stories | 1 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 164 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,486 | | Estimated Insurance | $86 | | **Total** | **$1,572** | ## Nearby Schools - **Elementary:** Dixieland Elem - **Middle:** Southwest Middle School - **High:** Lakeland Senior High ## Key Amenities - A/C ## Property Highlights - Built in 1925 - 0.16 acre lot ## Description ### Agent Description UNIQUE DIXIELAND HOME WITH INCOME POTENTIAL! Discover a truly one-of-a-kind property in Lakeland's historic Dixieland District, thoughtfully redesigned to combine comfortable living with multiple income-producing possibilities. Whether you're looking for a home with supplemental income, a flexible multigenerational setup, or an investment property with short- and long-term rental potential, this property offers an exceptional opportunity. One of the home's most distinctive features is a custom-built secret library door that discreetly separates the main residence from a private guest suite while maintaining convenient access to the shared laundry area. The former half bath has been expanded into a full bathroom, giving both living spaces added privacy and functionality. The guest suite has its own separate entrance, making it ideal for a monthly rental, Airbnb/short-term rental, guest quarters, roommate arrangement, or multigenerational living. The property's income potential is more than theoretical-the space has previously generated approximately $1,295 per month as a monthly rental, while its short-term rental use generated even higher income, offering an investor multiple strategies for maximizing cash flow depending on market conditions and rental preferences. The front door opens to a fully screened front porch with solid flooring, while the rear of the home features a spacious covered deck overlooking the private backyard-perfect for entertaining guests or creating an attractive outdoor area for rental occupants. Adding even more potential, the property includes a fully renovated and permitted detached office/studio building. This versatile bonus structure can be used as a home office, creative studio, private workspace, or potentially additional guest accommodations, subject to applicable regulations. Plumbing was installed and remains available for future expansion, although it is currently capped. A covered patio beside the structure provides additional flexibility as a potential carport, outdoor entertaining area, or shaded retreat. A hidden outdoor shower and discreet storage shed add even more functionality. Recent improvements include a new HVAC system with central air conditioning installed in 2024 and a heavy-duty washer and dryer added in 2025. Extensive landscaping improvements have reopened fenced areas, enhanced privacy, and created attractive, usable outdoor spaces. Ample parking further adds to the property's appeal for both occupants and potential rental guests. With an effective year built of 2015 and numerous meaningful updates, this property presents an unusual combination of character, flexibility, and income potential in the desirable Dixieland area. Live in the main residence while using the private suite as desired for income or otherwise, utilize the entire property as a flexible investment. With multiple spaces, separate access, a detached studio, and a proven rental history, this is a property designed to work for you, whatever your needs may be! ## Location - **Address:** 1040 S OHIO AVE, Lakeland, FL 33803 - **County:** Polk - **Neighborhood:** DIXIELAND REV - **Coordinates:** 28.029848, -81.962804 - **Google Maps:** https://www.google.com/maps?q=28.029848,-81.962804 ## Virtual Tour & Media - **Video Tour:** https://vimeo.com/1221597026?share=copy&fl=sv&fe=ci ## Listing Agent - **Name:** Marissa Taranto - **Brokerage:** eXp Realty LLC - **Broker Phone:** (888) 883-8509 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1040-S-Ohio-Ave_Lakeland_FL_33803_M61569-93950?f=listhub&s=MFRMLSFL&m=P4938786&c=propsimple) ## Photos ![1040 S OHIO AVE - Photo 1](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f311099674r.jpg) ![1040 S OHIO AVE - Photo 2](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2769658290r.jpg) ![1040 S OHIO AVE - Photo 3](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f1089395606r.jpg) ![1040 S OHIO AVE - Photo 4](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f553777837r.jpg) ![1040 S OHIO AVE - Photo 5](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f112623985r.jpg) ![1040 S OHIO AVE - Photo 6](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f4022385458r.jpg) ![1040 S OHIO AVE - Photo 7](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f4242195186r.jpg) ![1040 S OHIO AVE - Photo 8](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2248629752r.jpg) ![1040 S OHIO AVE - Photo 9](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3691172096r.jpg) ![1040 S OHIO AVE - Photo 10](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2432700784r.jpg) ![1040 S OHIO AVE - Photo 11](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f1094411273r.jpg) ![1040 S OHIO AVE - Photo 12](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3669916359r.jpg) ![1040 S OHIO AVE - 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Photo 23](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f1976867156r.jpg) ![1040 S OHIO AVE - Photo 24](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f574335090r.jpg) ![1040 S OHIO AVE - Photo 25](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f986208953r.jpg) ![1040 S OHIO AVE - Photo 26](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3458378399r.jpg) ![1040 S OHIO AVE - Photo 27](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f91854356r.jpg) ![1040 S OHIO AVE - Photo 28](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2902070199r.jpg) ![1040 S OHIO AVE - Photo 29](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f4245820673r.jpg) ![1040 S OHIO AVE - Photo 30](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f48789649r.jpg) ![1040 S OHIO AVE - Photo 31](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3264305386r.jpg) ![1040 S OHIO AVE - Photo 32](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3115027572r.jpg) ![1040 S OHIO AVE - Photo 33](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2956777490r.jpg) ![1040 S OHIO AVE - Photo 34](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f1333983236r.jpg) ![1040 S OHIO AVE - Photo 35](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2395872702r.jpg) ![1040 S OHIO AVE - Photo 36](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2592415287r.jpg) ![1040 S OHIO AVE - Photo 37](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f704122378r.jpg) ![1040 S OHIO AVE - Photo 38](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f1255927751r.jpg) ![1040 S OHIO AVE - Photo 39](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3065222185r.jpg) ![1040 S OHIO AVE - Photo 40](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2542028610r.jpg) ![1040 S OHIO AVE - Photo 41](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f995107085r.jpg) ![1040 S OHIO AVE - Photo 42](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f372123673r.jpg) ![1040 S OHIO AVE - Photo 43](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f927574032r.jpg) ![1040 S OHIO AVE - Photo 44](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f701310001r.jpg) ![1040 S OHIO AVE - Photo 45](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f582233343r.jpg) ![1040 S OHIO AVE - Photo 46](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3573122766r.jpg) ![1040 S OHIO AVE - Photo 47](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f4222842687r.jpg) ![1040 S OHIO AVE - Photo 48](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f90687526r.jpg) ![1040 S OHIO AVE - Photo 49](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f845822553r.jpg) ![1040 S OHIO AVE - Photo 50](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3201624891r.jpg) ![1040 S OHIO AVE - Photo 51](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f3089919424r.jpg) ![1040 S OHIO AVE - Photo 52](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f1302459259r.jpg) ![1040 S OHIO AVE - Photo 53](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2243225328r.jpg) ![1040 S OHIO AVE - Photo 54](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2853450918r.jpg) ![1040 S OHIO AVE - Photo 55](http://lh.rdcpix.com/b1474b7bd2aceb86050d51ed23d23dabl-f2616965665r.jpg) --- **MLS#:** P4938786 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1040-s-ohio-ave-lakeland-fl-33803-4d628aa183fd4856ba9c56bb5d09958b) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1040-s-ohio-ave-lakeland-fl-33803-4d628aa183fd4856ba9c56bb5d09958b#listing", "url": "https://www.propertysimple.ai/listing/1040-s-ohio-ave-lakeland-fl-33803-4d628aa183fd4856ba9c56bb5d09958b", "name": "1040 S OHIO AVE, Lakeland, FL 33803", "description": "UNIQUE DIXIELAND HOME WITH INCOME POTENTIAL! Discover a truly one-of-a-kind property in Lakeland's historic Dixieland District, thoughtfully redesigned to combine comfortable living with multiple income-producing possibilities. Whether you're looking for a home with supplemental income, a flexible multigenerational setup, or an investment property with short- and long-term rental potential, this property offers an exceptional opportunity. One of the home's most distinctive features is a custom-built secret library door that discreetly separates the main residence from a private guest suite while maintaining convenient access to the shared laundry area. The former half bath has been expanded into a full bathroom, giving both living spaces added privacy and functionality. The guest suite has its own separate entrance, making it ideal for a monthly rental, Airbnb/short-term rental, guest quarters, roommate arrangement, or multigenerational living. The property's income potential is more than theoretical-the space has previously generated approximately $1,295 per month as a monthly rental, while its short-term rental use generated even higher income, offering an investor multiple strategies for maximizing cash flow depending on market conditions and rental preferences. The front door opens to a fully screened front porch with solid flooring, while the rear of the home features a spacious covered deck overlooking the private backyard-perfect for entertaining guests or creating an attractive outdoor area for rental occupants. Adding even more potential, the property includes a fully renovated and permitted detached office/studio building. This versatile bonus structure can be used as a home office, creative studio, private workspace, or potentially additional guest accommodations, subject to applicable regulations. Plumbing was installed and remains available for future expansion, although it is currently capped. 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