6 days on RocketTour
#K4903012, Dolores Vogel, Listing office: LEGACY REAL ESTATE CENTER INC
$501,505 List price
303 E Polk Ave Lake Wales, FL 33853
5 beds
6 baths
3,669 sqft
0.6 acres
$137 / sqft
Multi-Family
Property details
About 303 E Polk Ave
***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 efficiency with 1 bed 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!
Highlights
Home typeQuadruplex
HeatingCentral, Ductless
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size3,669 sqft
Lot size0.62 Acres
Year built1925
MLS #L4944595
Virtual tour
Summary
- Interior: Other
- Total Bedroom Count: 5
- Private Pool: No
- Exterior: Other
- Heating: Central, Ductless
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $501,505
- Price/SqFt: $136
- HOA Amount: $0
- Annual Tax Amount: $5,997
- Tax Year: 2023
- Directions: FROM HWY 60 TURN ONTO W POLK AVE PROPERTY WILL BE AHEAD ON LEFT
- Year Built: 1925
- Living Area: 3,669 SqFt
- Lot Size: 0.62 Acres
- MLS Number: L4944595
- 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.
DMCA Notice
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: 7/24/2025, 12:34:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 25, 2022 | Home Sold | $385,000 |
| Jun 16, 2021 | Home Sold | $160,000 |
| Sep 20, 2000 | Home Sold | $54,642 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $308,863 | $5,997 |
| 2022 | $171,809 | $3,813 |
| 2021 | $112,531 | $3,813 |
| 2020 | $94,198 | $1,862 |
| 2018 | $85,760 | $1,707 |
| 2017 | $86,682 | $1,707 |
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
1.1 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. Most Lake Wales, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area 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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Frequently asked questions
About 303 E Polk Ave
The listing price of 303 E Polk Ave property is $501,505.
The property 303 E Polk Ave is a multi located in Lake Wales, Florida, 33853.
Active Listing: 303 E Polk Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 303 E Polk Ave are: Polk Avenue Elementary School (GreatSchools Rating 3/10), Spook Hill Elementary School (GreatSchools Rating 4/10), Hillcrest Elementary School (GreatSchools Rating 6/10), Edward W Bok Academy North (GreatSchools Rating 5/10), McLaughlin Middle School (GreatSchools Rating 2/10), Bok Academy (GreatSchools Rating 6/10), Roosevelt Academy (GreatSchools Rating 2/10), Lake Wales Senior High School (GreatSchools Rating 4/10), Don E Woods Opportunity Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $5,997 (source: MLS/based on county public records data).
The last sale was on October 25, 2022 for $385,000 (source: MLS/tax record).
The property 303 E Polk Ave is 3,669 SqFt (source: MLS/tax record).
The year of construction for 303 E Polk Ave is 1925.
This home is located at 303 E Polk Ave in Lake Wales, FL and zip code 33853. This 3,669 square foot home, which was built in 1925, sits on a 0.62 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 8, 2024 and is currently priced at $501,505.
While more than 4 listings in Lake Wales, FL in June 2025 were sold above asking price, there were more than 19 listings sold at asking price, and more than 19 were sold below. The number of homes for sale in Lake Wales, FL decreased by 1.7% between May and June 2025. Listings spent 64 days on the market in June 2025, and had a median list price of $285,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.