***HUGE 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!
Property Details
Price:
$299,900
MLS #:
L4944606
Status:
Pending
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
TWIN LAKE PARK SUB
Neighborhood:
33853lakewalessouth
Listed Date:
May 8, 2024
Finished Sq Ft:
1,740
Total Sq Ft:
1,916
Lot Size:
12,950 sqft / 0.30 acres (approx)
Year Built:
1925
Units:
4
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Central
Interior Features
Other
Laundry Features
Outside
Exterior
Construction Materials
Wood Frame
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2023
Taxes
$2,291
Map
Community
- Address26 W POLK AVENUE LAKE WALES FL
- SubdivisionTWIN LAKE PARK SUB
- 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 TWIN LAKE PARK SUB subdivision, 26 W POLK AVENUE LAKE WALES FL is a Multi Family for sale in LAKE WALES, FL, 33853. It is listed for $299,900 To schedule a showing of MLS#l4944606 at 26 W POLK AVENUE in LAKE WALES, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of KELLER WILLIAMS REALTY SMART 1. 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. 26 W POLK AVENUE
LAKE WALES, FL