Turnkey duplex with long-term tenants already in place, offering a great investment opportunity. The left-side kitchen was updated in 2021 with granite countertops and modern appliances, while the right-side unit features updated luxury vinyl plank (LVP) flooring for durability and style. Each unit is spacious and includes a rare 2-bedroom, 2-bathroom layout. The oversized back patio is covered and enclosed, with full-size washer and dryer connections for convenience. Key features include a roof replaced in 2013, well and septic system eliminating water bills for tenants, and no HOA restrictions making it easy to rent and manage. Current rental rates are $1,195 per month and $1,175 per month, while similar duplexes in the area rent for up to $1,400 per month. This property is located in a desirable area with strong rental potential, offering steady cash flow for investors. A low-maintenance, income-producing asset that is ready for its next owner.
Investment Duplex Opportunity with 2 units - 2 bedroom/1 bath units on 1/4 acre lot + Sister Duplex available on adjacent 1/4 acre lot for a total of 4 rented units. Turn key rentals with long term tenants at $700/m each with potential to increase. Roof replaced last year. Septic has been serviced and new drain field installed in 2019. Water is on well for no water bill for tenants. Owner also owns vacant 1/2 acre adjacent lot for potential of additional units - currently zoned for 1 unit residential build option - could apply for change in zoning with several duplexes in the area mixed with single family homes. No HOA, no deed restrictions, easy to maintain and well maintained for last 4 years. Owner has other investments out of state to focus on and needs to sell these. Good condition - no issues with timely rent from current tenants & all tenants plan to stay. Taxes also low in comparison to other properties and lower in Polk County when compared to Hillsborough County.
Public Records
Apr 28, 2015
Sold
$190,000
$84/sq ft
Stellar MLS as Distributed by MLS Grid #L4647773
Apr 23, 2015
Sold
$91,000
$40/sq ft
Mar 5, 2015
Pending
—
Sep 23, 2014
Relisted
—
Sep 22, 2014
Listing Removed
—
Jun 14, 2014
Relisted
—
Jun 10, 2014
Listing Removed
—
Mar 22, 2014
Listed
$108,000
$48/sq ft
The two units are super nice. Both have a great Florida room with a wet bar and sliding glass doors to the outside
Year
Property tax
Land + Additions
Assessment*
2025
$3,864 (+30.8%)
2024
$2,954 (−1.8%)
2023
$3,007 (+6.2%)
$12,500 + $133,804
$146,304
2022
$2,832 (+2.3%)
$12,000 + $157,707
$169,707
2021
$2,769 (+18.0%)
$10,000 + $148,382
$158,382
2020
$2,346 (+18.2%)
$10,000 + $135,973
$145,973
2019
$1,986 (+2.3%)
$15,000 + $102,023
$117,023
2018
$1,941 (+3.1%)
$15,000 + $75,909
$90,909
2017
$1,883 (+6.8%)
$15,000 + $70,796
$85,796
2016
$1,763 (+42.9%)
$15,000 + $70,796
$85,796
2014
$1,234 (−0.6%)
2013
$1,241 (+85.6%)
2012
$668
Tax history for 3626 Willow Oak Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,864 (+30.8%)
2024
$2,954 (−1.8%)
2023
$3,007 (+6.2%)
$12,500 + $133,804
$146,304
2022
$2,832 (+2.3%)
$12,000 + $157,707
$169,707
2021
$2,769 (+18.0%)
$10,000 + $148,382
$158,382
2020
$2,346 (+18.2%)
$10,000 + $135,973
$145,973
2019
$1,986 (+2.3%)
$15,000 + $102,023
$117,023
2018
$1,941 (+3.1%)
$15,000 + $75,909
$90,909
2017
$1,883 (+6.8%)
$15,000 + $70,796
$85,796
2016
$1,763 (+42.9%)
$15,000 + $70,796
$85,796
2014
$1,234 (−0.6%)
2013
$1,241 (+85.6%)
2012
$668
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
1991
Sq. Ft.
2,256
Year built
1990
Style
Multi-Family (2-4 Unit)
County
Polk County
APN
232932000000011210
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
RS
Residential Suburban District
The purpose of the RS district is to provide areas for suburban-density residential development to promote the proper transition of land from rural to urban uses. The RS district permits single-family dwelling units, family care homes, agricultural support uses, and community facilities.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Infrastructure
Jul 6, 2018 • Final
Re-roof
Tear off and replace the roof shingles on a two-family residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.