434 E Tillman Avenue, Lake Wales, FL 33853

Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
434 E Tillman Avenue,Lake Wales, FL 33853
$850,000
Virtual Tour
  • 12 Beds
  • 7 Baths
  • 4,466 sq. ft.
  • Multi-family
  • Active
Listed by: wes fleming
Office: bhhs florida properties group
MLS#:L4957773
Source:MFRMLS

Price summary

  • Price:$850,000
  • Price per sq. ft.:$190.33

About this home

Discover an outstanding investment opportunity in the heart of Lake Wales! This 7-unit multifamily property offers strong rental income, solid occupancy, and multiple recent upgrades that make it a turnkey addition to your portfolio. The property features five 2-bed/1-bath units and two 1-bed/1-bath units, providing a versatile mix ideal for long-term tenants. Several major improvements have already been completed, including new roofs and some newer A/C systems, giving peace of mind and reducing upcoming maintenance costs. One of the standout benefits of this property is the large onsite storage area, offering excellent potential for expansion or value-add opportunities. Whether you’re looking to increase income with additional storage rentals or reconfigure the space for future improvements, the options are there. Located close to schools, shopping, dining, and major roadways, tenants enjoy convenience and strong accessibility—helping keep occupancy consistently

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Home facts

  • Year built:1920
  • Listing ID #:L4957773
  • Added:21 day(s) ago
  • Updated:December 30, 2025 at 01:18 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:7
  • Living area:4,466 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Membrane, Shingle
  • Year built:1920
  • Building area:4,466 sq. ft.
  • Lot area:0.26 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$190.33
  • Tax amount:$3,028 (2024)
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