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$299,999

130 D STREET UNIT 1,2,3,4, LAKE WALES, FL 33853

Active1 days on market

Beds

0

Baths

0

Sq Ft

2,860 sq ft

Year Built

1955

Lot Size

0.15 acres

Garage

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About This Property

Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. No showing allowed without an executed contract. Please do not approach the property since it is occupied

Property Overview

Property TypeResidential Income
Sub TypeQuadruplex
MLS #TB8525074
StatusActive
Year Built1955
ConstructionBlock, Concrete, Stucco
RoofMetal
FoundationSlab
SubdivisionLINCOLN PARK ADD
CountyPolk
OwnershipFee Simple

Interior Features

InteriorOther
LaundryOther
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorOther
Lot Size0.15 acres (6,665 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesOther

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$299,999
Annual Taxes$4,642 (2025)
FinancingCash, Conventional
ZoningC-2
Parcel #272935880000001080

Schools

ElementarySpook Hill Elem
MiddleMcLaughlin Academy Of Excellence
HighFrostproof Middle - Senior High

Directions

Head toward Harding Ave. Turn left onto Washington Ave. Turn right onto D St. Destination will be on the left

Location

130 D STREET UNIT 1,2,3,4, LAKE WALES, FL 33853

Listing Information

OfficeMERIDIAN RESIDE
ListedJuly 1, 2026

Schedule a Showing

How to Buy This Home

Multiple financing options available for this $299,999 home in LAKE WALES.

🏛️

FHA Loan

$10,500 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$15,000 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information 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. Data last updated: July 2, 2026.

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