Twitter
Facebook
Email
|
***PRICE REDUCTION***Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!
| DAYS ON MARKET | 687 | LAST UPDATED | 2/23/2026 |
|---|---|---|---|
| TRACT | TWIN LAKE PARK SUB | YEAR BUILT | 1925 |
| COMMUNITY | 33853 - Lake Wales South | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Aug 14, '24 | $499,900 |
|---|---|
| Aug 14, '24 - Mar 18, '25 | $484,900 |
| Mar 18, '25 - May 10, '25 | $465,500 |
| May 10, '25 - Aug 25, '25 | $442,225 |
| Aug 25, '25 - Nov 12, '25 | $428,959 |
| Nov 12, '25 - Dec 16, '25 | $416,090 |
| Dec 16, '25 - Feb 23, '26 | $403,607 |
| Feb 23, '26 - Today | $391,498 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33853 - Lake Wales South |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame |
| EXTERIOR | Other |
| HEAT | Central |
| INTERIOR | Other |
| LOT | 0.3 acre(s) |
| LOT DIMENSIONS | 70x185 |
| SEWER | Public Sewer |
| SUBDIVISION | TWIN LAKE PARK SUB |
| TAXES | 2290.52 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Lee
Valdes to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Matt Mesimer, KELLER WILLIAMS REALTY SMART 1, 863-508-3000
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/20/26 8:40 PM PDT.
This IDX solution is (c) Diverse Solutions 2026.