***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!
For sale
$442,225
26 W Polk Ave, Lake Wales, FL 33853
4beds
4baths
1,740sqft
Est.:
Quadruplex, Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$254/sqft
$-- HOA
What's special
Oversized lot
- 466 days
- on Zillow |
- 53 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 03:15pm
Listing Provided by:
Matt Mesimer 863-224-6999,
KELLER WILLIAMS REALTY SMART 1 863-508-3000
Source: Stellar MLS,MLS#: L4944606
Originating MLS: East Polk

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Outside
Features
- Other
- Has fireplace: No
Interior area
- Total structure area: 1,916
- Total interior livable area: 1,740 sqft
Video & virtual tour
Property
Features
- Exterior features: Other
Lot
- Size: 0.3 Acres
- Dimensions: 70 x 185
Details
- Parcel number: 273002903500007303
- Zoning: C-2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: TWIN LAKE PARK SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Lake Wales
Financial & listing details
- Price per square foot: $254/sqft
- Tax assessed value: $97,208
- Annual tax amount: $2,290
- Date on market: 5/8/2024
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
- Loading
- Loading