Tour
$8,609 Closing Credit¹
#O6243795, Erich Spivey, Listing office: ALABAMA LLC
$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
- HOA Amount: $0
- 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
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Last updated on: 6/14/2025, 10:34:30 AM 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. Residents of Lake Wales, FL typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
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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Frequently asked questions
About 315 D St Unit 1-4
The listing price of 315 D St Unit 1-4 property is $525,000.
The property 315 D St Unit 1-4 is a multi located in Lake Wales, Florida, 33853.
Active Listing: 315 D St Unit 1-4 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 315 D St Unit 1-4 are: Janie Howard Wilson School (GreatSchools Rating 3/10), Spook Hill Elementary School (GreatSchools Rating 4/10), Polk Avenue Elementary School (GreatSchools Rating 3/10), 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).
The property 315 D St Unit 1-4 is 2,496 SqFt (source: MLS/tax record).
The year of construction for 315 D St Unit 1-4 is 1956.
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 May 2025, from all listings sold in Lake Wales, FL there were more than 8 sold above asking price, over 31 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Lake Wales, FL between April and May 2025 decreased by 2.5%. Listings spent 78 days on the market in May 2025, and had a median list price of $284,997 during the same period.
From Rocket Homes Real Estate and based on county public records data.