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26 W POLK AVENUE

Multi-family For Sale
$391,498

BTC: 6.11715625

ETH: 219.94269663

-$108K (2026/02/24)
756 days
4 bds
1,740 sqft

Overview

***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!

Location

Florida • LAKE WALES • 33853 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
0.30 Acres
Heating:
Central
Price/sqft:
$225
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$2,290
2023
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 273002903500007303

    • Zoning: C-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,291

  • Source details

    • MLS ID: L4944606

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Outside

    • Living Area: 1740

    • Water Source: Public

    • Lot Size Dimensions: 70 x 185

    • Subdivision Name: TWIN LAKE PARK SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33853
135
median $239K
Active
Same city
LAKE WALES
693
median $199K
Active
Same type
Multi-family
8
median $344K
Active
Similar price
$274K – $508K
162
median $337K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS REALTY SMART 1