Tour
$3,563 Closing Credit¹
#S5118560, Peter Macera, Listing Office: MACERA REALTY GROUP INC
$465,500 List price
26 W Polk Ave Lake Wales, FL 33853
$5,528
Closing credit¹
0 beds
1,740 sqft
0.3 acres
$268 / sqft
Multi-Family
Property details
About 26 W Polk Ave
***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!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,740 sqft
Lot size0.3 Acres
Year built1925
MLS #L4944606
Virtual tour
Summary
- Interior: Other
- Private Pool: No
- Exterior: Other
- Heating: Central
- Cooling: Central Air
- List Price: $465,500
- Price/SqFt: $267
- Annual Tax Amount: $2,290
- Tax Year: 2023
- Directions: FROM HWY 60 TURN ONTO W POLK AVE. PROPERTY WILL BE IMMEDIATELY ON LEFT.
- Year Built: 1925
- Living Area: 1,740 SqFt
- Lot Size: 0.3 Acres
- MLS Number: L4944606
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS REALTY SMART 1
- Office Phone: (863) 508-3000
- Listing Agent: Matt Mesimer
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 6:19:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$465,500
26 W Polk Ave
$5,528
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 08, 2022 | Home Sold | $304,000 |
| Feb 08, 2016 | Home Sold | $135,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $103,019 | $2,290 |
| 2022 | $81,404 | $1,785 |
| 2021 | $71,634 | $1,785 |
| 2020 | $69,568 | $1,727 |
| 2018 | $68,935 | $1,656 |
| 2017 | $66,169 | $1,656 |
History based on county public records data.
Nearby schools
3
Polk Avenue Elementary School
Public Charter PK-5
0.2 mi
•110 E Polk Ave
4
Spook Hill Elementary School
Public District PK-5
1.0 mi
•321 Dr J A Wiltshire Ave E
6
Hillcrest Elementary School
Public Charter PK-5
1.4 mi
•1051 State Road 60 E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,425. Typical income of Lake Wales, FL residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
63%
<35k
33%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
18%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
33%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Wal-Mart
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Sonic
Dominos Pizza
What do the neighbors drive?
Buick
Oldsmobile
Ford
What do the neighbors listen to?
Oldies- Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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This home is located at 26 W Polk Ave in Lake Wales, FL and zip code 33853. This 1,740 square foot home, which was built in 1925, sits on a 0.30 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 8, 2024 and is currently priced at $465,500.
While more than 3 listings in Lake Wales, FL in March 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 29 were sold below. The number of listings in Lake Wales, FL increased by 4.7% between February and March 2025. In March 2025, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $285,000.
From Rocket Homes Real Estate and based on county public records data.