About This Home

This 4-bedroom, 3-bathroom multi-family at 585 S 3RD Avenue in Bartow, FL is listed for $269,995 ($250 per sqft). Built in 1956, the home offers 1,080 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1956
  • 0.19 acre lot

Property Details

1 story
3 full
1956

Amenities

A/C
Listing Description

Under contract-accepting backup offers. TURNKEY BARTOW DUPLEX WITH STRONG INCOME POTENTIAL - MINUTES FROM DOWNTOWN MAIN STREET! This beautifully renovated duplex is a fantastic investment opportunity offering immediate rental income, modern updates, and an ideal location near the heart of Bartow.

The property features two separate 2-bedroom, 1-bath units, each thoughtfully updated with modern flooring, cabinetry, updated bathroom vanities, HVAC systems, and a newer roof. Both units are currently generating $1,285 a month, providing a total gross rental income of $2,570 a month ($30,840 annually) and an attractive estimated cap rate in the 7s.

Situated on an approximately 8,433-square-foot lot with convenient parking, this property is designed for easy ownership and strong rental appeal. Residents enjoy being just minutes from Bartow's historic Main Street and downtown district, with convenient access to restaurants, shopping, entertainment, community events, and the area's charming historic character.

Whether you are an investor looking to add a turnkey, income-producing property to your portfolio or an owner-occupant seeking the opportunity to live in one unit while generating income from the other, this well-maintained duplex offers flexibility, location, and excellent cash-flow potential. A true turnkey opportunity in the heart of Bartow!

Monthly Cost Estimate

$1,444/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79

Estimates only. Actual payments may vary.

Location

585 S 3RD Avenue

Bartow, FL 33830

SOUTH FLORIDA RR ADD

Features & Amenities

Interior Features

Stone CountersThermostatWindow Treatments

Exterior Features

Fence

Property Details

Construction

Block

Heating

Heat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 4-bedroom, 3-bathroom multi-family at 585 S 3RD Avenue is listed at $269,995 ($250/sqft). The estimated monthly payment is $1,444 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 0.19 acre lot. Interior Features: Stone Counters, Thermostat, Window Treatments. Exterior Features: Fence.

This property is listed by Elif Fitts.

EF

Elif Fitts

Agent at Keller Williams Realty Tampa Central

Listed by Keller Williams Realty Tampa Central · Broker phone: (813) 865-0700 · View on Broker Site · Broker website

MLS# TB8542880· Source: Stellar MLS· 64 days on PropertySimple

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.

585 S 3RD Avenue, Bartow, FL 33830

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