Exceptional 11-Unit Income Opportunity with Strong Rental Appeal!
Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor.
Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location.
Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses.
Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!
Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor.
Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location.
Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses.
Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!
Property Details
Price:
$749,000
MLS #:
K4903360
Status:
Active
Beds:
6
Baths:
12
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
RIDGE MANOR
Neighborhood:
33853lakewalessouth
Listed Date:
Mar 20, 2026
Finished Sq Ft:
5,030
Total Sq Ft:
5,205
Lot Size:
34,360 sqft / 0.79 acres (approx)
Year Built:
1926
Units:
11
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
Electric, Space Heater
Interior Features
Window Treatments
Laundry Features
Common Area, Laundry Room, Outside
Levels
One
Exterior
Construction Materials
Stucco, Wood Frame (FSC Certified)
Exterior Features
Storage
Patio And Porch Features
Patio, Porch, Screened
Roof
Other, Shingle
Financial
Tax Year
2025
Taxes
$9,928
Map
Community
- Address315 RIDGE MANOR DRIVE LAKE WALES FL
- SubdivisionRIDGE MANOR
- CityLAKE WALES
- CountyPolk
- Zip Code33853
Subdivisions in LAKE WALES
Market Summary
Current real estate data for Multi Family in LAKE WALES as of Aug 29, 2026
10
Multi Family Listed
311
Avg DOM
201
Avg $ / SqFt
$571,289
Avg List Price
Property Summary
- Located in the RIDGE MANOR subdivision, 315 RIDGE MANOR DRIVE LAKE WALES FL is a Multi Family for sale in LAKE WALES, FL, 33853. It is listed for $749,000 To schedule a showing of MLS#k4903360 at 315 RIDGE MANOR DRIVE in LAKE WALES, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of LEGACY REAL ESTATE CENTER INC. 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 InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. 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. 315 RIDGE MANOR DRIVE
LAKE WALES, FL