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315 D Street Unit 1

Lake Wales, FL 33853

– beds
– baths
2,496 sqft
8,834 sqft lot
$210 per sqft
1956 build
– on site

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!

Listing courtesy of STELLAR_MLS / LIVE FLORIDA REALTY

Last checked: Checking… • Last updated Feb 21, 2025 •

MLS# L4950935 —

The Building

Year Built:

1956
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Unit Number:

1
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

2496
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Take interstate 4 to Polk Parkway, then Hwy 98 to Bartow, take exit toward Lake Wales.
Latitude:

27.914031
Longitude:

-81.593868
Coordinates:

-81.593868, 27.914031

The Property

Parcel Number:

272935879000007080
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Size Acres:

0.2
Lot Size Area:

8834
Lot Size SqFt:

8834
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

R-3
View:

false
Exterior Features:

Private Mailbox
Water Source:

Public
Road Surface Type:

Other
Flood Zone Code:

X
Flood Zone Panel:

12105C0565H
Additional Parcels:

false
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

8
Tax Block:

7
Tax Legal Description:

LAKE WALES LAND CO SUB PB 5 PG 11 BLK 7 LOT 8
Tax Book Number:

5-11
Tax Annual Amount:

8028
Tax Other Annual Assessment Amount:

288

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/L4950935
Special Listing Conditions:

None

Heating & Cooling

Heating:

Wall Units / Window Unit
Heating:

true
Cooling:

Other
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Laundry Features:

In Kitchen

The Community

Subdivision Name:

LAKE WALES LAND CO SUB
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/20/25 Feb 20, 2025	Listed / Active	STELLAR_MLS	$525,000

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This multifamily located in Lincoln Park, Lake Wales, FL 33853 is currently for sale for $525,000. 315 D Street Unit 1 is a 2,496 square foot multifamily with – beds and – baths that has been on Estately for 1 days. 315 D Street Unit 1 is in the Lincoln Park neighborhood of Lake Wales and has a WalkScore® of 25, making it car-dependent. This multifamily is in the attendance area of Bartow Elementary Academy, Mclaughlin Middle School And Fine Arts Academy, Union Academy Middle Magnet, Frostproof Middle-Senior High School, and Spook Hill Elementary School.

Listing Courtesy of: STELLAR_MLS and LIVE FLORIDA REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.