Renovated Income-Producing Quadruplex in Lake Wales, FL This renovated quadruplex presents a prime income-generating opportunity in the heart of Lake Wales, FL. With each of the four 2-bedroom, 1-bathroom units boasting modern updates, this property is a turn-key investment perfect for anyone looking to earn reliable rental income. Property Highlights: Four spacious 2-bedroom, 1-bathroom units Completely renovated with fresh paint, and contemporary finishes Updated kitchens and bathrooms Well-maintained exterior and landscaping Ample on-site parking for all tenants Strong rental history and excellent cash flow potential Conveniently located near downtown Lake Wales, local shops, restaurants, schools, and major highways With its modern upgrades and prime location, this quadruplex offers tenants the comfort of contemporary living while ensuring solid returns for investors. Whether you’re expanding your real estate portfolio or starting new, this property is a great addition to any investment strategy. Don’t miss out on this fantastic opportunity—schedule a showing today!
For sale
$525,000
315 D St #1-4, Lake Wales, FL 33853
8beds
4baths
2,496sqft
Est.:
Quadruplex, Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$210/sqft
$-- HOA
What's special
- 171 days
- on Zillow |
- 190 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 03:15pm
Listing Provided by:
Cynthia White 863-899-3017,
LIVE FLORIDA REALTY 863-868-8905
Source: Stellar MLS,MLS#: L4950935
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Units / Window Unit
Cooling
- Other
Appliances
- Laundry: In Kitchen
Features
- Ceiling Fan(s)
- Has fireplace: No
Interior area
- Total interior livable area: 2,496 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Mailbox
Lot
- Size: 8,834 Square Feet
Details
- Parcel number: 272935879000007080
- Zoning: R-3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: LAKE WALES LAND CO SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Lake Wales
Financial & listing details
- Price per square foot: $210/sqft
- Annual tax amount: $8,028
- Date on market: 2/20/2025
- Ownership: Fee Simple
- Total actual rent: 1100
- Electric utility on property: Yes
- Road surface type: Other, Paved
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