434 E Tillman Avenue, Lake Wales, FL 33853

Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
434 E Tillman Avenue,Lake Wales, FL 33853
$825,000
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  • 12 Beds
  • 7 Baths
  • 4,466 sq. ft.
  • Multi-family
  • Pending
Listed by: wes fleming
Office: bhhs florida properties group
MLS#:L4957773
Source:MFRMLS

Price summary

  • Price:$825,000
  • Price per sq. ft.:$184.73

About this home

Price Reduced $25,000 – Seller Motivated! An outstanding investment opportunity just got even better in the heart of Lake Wales. The seller has lowered the price by $25,000, creating a compelling value for investors seeking strong cash flow and long-term upside. This 7-unit multifamily property offers solid rental income, strong occupancy, and multiple recent upgrades—making it a true turnkey addition to any portfolio. The unit mix includes five 2-bed/1-bath units and two 1-bed/1-bath units, a proven combination for stable, long-term tenancy. Major improvements have already been completed, including new roofs and some newer A/C systems, helping reduce future capital expenses and enhance operational efficiency. A standout feature is the large onsite storage area, presenting excellent value-add or expansion potential. Whether converted into income-producing storage units or reconfigured for future improvements, this space offers flexibility and upside. Ideally located

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Home facts

  • Year built:1920
  • Listing ID #:L4957773
  • Added:66 day(s) ago
  • Updated:February 13, 2026 at 08:41 AM

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:$825,000
  • Price per sq. ft.:$184.73
  • Tax amount:$3,028 (2024)
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