342 E TILLMAN AVENUE Lake Wales, FL $ 224,999
342 E TILLMAN AVENUE
$ 224,999
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342 E TILLMAN AVENUE

Lake Wales, FL, 33853
$ 224,999
Bedrooms4 Baths3.0 Sq 1,896

Monthly Estimate*

$ 1,385

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Multi-Family Home for sale in Lake Wales, FL

for $224,999 with 4 bedrooms and 3 full baths. This 1,896 square foot home was built in 1925 on a lot size of 0.26.

Two single family income properties on one lot! Centrally located in downtown Lake Wales, this is a great investment opportunity with an excellent return in cash flow. New roofs on both homes, both homes renovated featuring new paint inside and out and new luxury vinyl flooring. The 3/2 features central HVAC, the 1/1 has two new window AC units. Large lot, 3/2 has driveway in front, 1/1 driveway is off the back alley. Call to view it today.

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Multi-Family Active

Price

$ 224,999

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,497

Style

Duplex

Lot Size

0.26

Year Built

1925

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

S5146032

Features
General
Sewer Public Sewer
Heating Central Electric Heat Pump Wall Units / Window Unit
Cooling Central Air
Utilities Cable Connected Electricity Connected Public Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Electric Water Heater Range Refrigerator Washer
Zoning R-2
Patio/Porch Features None
Construction Materials Vinyl Siding Wood Frame
Pets Allowed Yes
Year Built 1925
View City
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Gross Income 30000
County Polk
New Construction false
Property Type Residential Income
Subdivision Name LAKE WALES
Garage Y/N false
Status Active
Directions FROM US 27 TURN LEFT ON CENTRAL AVE GO EAST TURN RIGHT ON CR 17 1 BLOCK YURN LEFT ON TILLMAN HOME IS ON THE RIGHT ACROSS THE STREET FROM THE CHURCH.
High School Lake Wales Senior High
City LAKE WALES
Senior Community Y/N false
MLS Area 33853 - Lake Wales South
Lot Size Units Square Feet
Lot Size Square Feet 11247
Carport Y/N false
Listing Terms Cash Conventional USDA Loan VA Loan
Elementary School Polk Avenue Elem
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 3497
Middle/Junior High School Mclaughlin Middle
Property Condition Completed
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5146032
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 2
Total Actual Rent 2500
Legal Description LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 41 LOT 2
Minimum Lease 7 Months
Water Access Y/N false
Additional Rooms Family Room Formal Dining Room Separate
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Thermostat
Flooring Ceramic Tile Vinyl Hardwood
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Lighting Sidewalk
Parking Features Driveway
Lot Features City Lot Oversized Lot
Water Source Public
Lot Size Area 11247
Foundation Details Crawlspace
Number of Buildings 2
Building Area Total 1896
Lot Dimensions 75 x 150
Lot Size Acres 0.26
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Macera Realty Group Inc

Broker

petermacera@gmail.com

Email

Affordability Calculator

$1,677
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Lake Wales Senior High High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2026$224,999 Listed Price

Map


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342 E TILLMAN AVENUE, Lake Wales, FL, 33853 is a Multi-Family Home for sale at $224,999 with 1,896 sqft and a lot size of 0.26. 342 E TILLMAN AVENUE has 4 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 33853 which is in Lake Wales, FL