Tour
$7,125 Closing Credit¹
#TB8343894, Tito Urbano Perez, Listing Office: FLORIDA REALTY INVESTMENTS
$525,000 List price
315 D St Unit 1-4 Lake Wales, FL 33853
$6,234
Closing credit¹
0 beds
2,496 sqft
0.2 acres
$210 / sqft
Multi-Family
Property details
About 315 D St Unit 1-4
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!
Highlights
Home typeQuadruplex
HeatingWindow Unit(s)
StatusActive
CoolingOther
Size2,496 sqft
Lot size0.2 Acres
Year built1956
MLS #L4950935
Virtual tour
Summary
- Interior: Ceiling Fans(s)
- Private Pool: No
- Exterior: Private Mailbox
- Heating: Window Unit(s)
- Cooling: Other
- List Price: $525,000
- Price/SqFt: $210
- Directions: Take interstate 4 to Polk Parkway, then Hwy 98 to Bartow, take exit toward Lake Wales.
- Year Built: 1956
- Living Area: 2,496 SqFt
- Lot Size: 0.2 Acres
- MLS Number: L4950935
- MLS Name: MFRMLS
- Office Name: LIVE FLORIDA REALTY
- Office Phone: (863) 868-8905
- Listing Agent: Cynthia White
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Last updated on: 4/29/2025, 12:20:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
315 D St Unit 1-4
$6,234
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Janie Howard Wilson School
Public Charter PK-5
0.3 mi
•306 Florida Ave
4
Spook Hill Elementary School
Public District PK-5
0.6 mi
•321 Dr J A Wiltshire Ave E
3
Polk Avenue Elementary School
Public Charter PK-5
1.3 mi
•110 E Polk Ave
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 $19,107. Most Lake Wales, FL residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
75%
<35k
20%
35k-100k
3%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Wal-Mart
Family Dollar
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
New Country
All data provided by Home Junction and Claritas
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$8,609 Closing Credit¹
#O6243795, Erich Spivey, Listing Office: ALABAMA LLC
This home is located at 315 D St Unit 1-4 in Lake Wales, FL and zip code 33853. This 2,496 square foot home, which was built in 1956, sits on a 0.20 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $525,000.
In March 2025 more than 3 listings in Lake Wales, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 29 were sold below. The inventory of homes for sale in Lake Wales, FL between February and March 2025 increased by 4.7%. In March 2025 median list price was $285,000 and the average listing age was 96 days.
From Rocket Homes Real Estate and based on county public records data.