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For sale
  • Price cut: $26.4K (5/10)
    $501,505

    303 E Polk Ave, Lake Wales, FL 33853

    5beds
    6baths
    3,669sqft
    : 
    Quadruplex, Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $137/sqft
    $-- HOA

    What's special

    Oversized lotEfficiency units
    ***PRICE REDUCTION***Looking for an investment opportunity look no further! This single family home also has a detached duplex and 2 additional tiny homes. This oversized lot is nestled in the heart of Lake Wales just minutes from downtown. The single family home is nearly 2,300 living sq. ft. and is currently used for student housing. The main house has 5 bedrooms 2 bathrooms. The detached duplex with 2 studios and 2 bathrooms. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,635.00 and an annual gross income of $79,620.00. So call today to get in on the action before this amazing opportunity slips away!
    415 days
    on Zillow
    |
    177
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 10, 2025 at 04:18pm

    Listing Provided by:

    Matt Mesimer 863-224-6999,

    KELLER WILLIAMS REALTY SMART 1 863-508-3000

    Source: Stellar MLS,MLS#: L4944595MLS LogoOriginating MLS: East Polk

    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 303 E Polk Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Heating
    • Central, Wall Units / Window Unit
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Laundry: Inside, Laundry Room
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total structure area: 4,116
    • Total interior livable area: 3,669 sqft
    Video & virtual tour

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.62 Acres
    • Dimensions: 150 x 180
    Details
    • Parcel number: 273001883000050060
    • Zoning: C-2
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Wood Frame
    • Foundation: Crawlspace, Slab
    • 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: LAKE WALES
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $137/sqft
    • Tax assessed value: $309,687
    • Annual tax amount: $6,581
    • 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
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