425 E SESSOMS AVENUE Lake Wales, FL $ 370,000
425 E SESSOMS AVENUE
$ 370,000
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425 E SESSOMS AVENUE

Lake Wales, FL, 33853
$ 370,000
Bedrooms2 Baths3.0 Sq 685

Monthly Estimate*

$ 2,308

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Multi-Family Home for sale in Lake Wales, FL

for $370,000 with 2 bedrooms and 3 full baths. This 685 square foot home was built in 1937 on a lot size of 0.31.

Welcome to 425 E Sessoms Ave in Lake Wales — a turnkey income-producing triplex with major capital improvements already completed. This property includes two 1BR/1BA units and one studio apartment, each with private entrances and consistent rental demand. Investors will appreciate the new roof and new A/C units, offering reduced CapEx for years to come and stronger cash-flow stability. With three rentable units under one structure, this triplex supports multiple income strategies: long-term tenants, traveling professionals, or an owner-occupant looking to house hack. The two 1-bedroom units offer functional layouts with easy value-add potential, while the studio provides an additional revenue stream with strong occupancy potential. Located minutes from downtown Lake Wales, Lake Wailes Park, shopping, dining, medical centers, and major employment hubs, this property sits in a high-demand rental corridor. Key Highlights: • Triplex: (2) 1BR/1BA units + (1) Studio • New Roof + New A/C Units = Reduced long-term maintenance • Multiple income streams under one roof • Separate entrances & flexible rental configurations • Strong rental demand close to downtown and amenities Whether you’re expanding your rental portfolio or looking to offset your mortgage with rental income, this property delivers flexibility, stability, and reliable returns. Schedule your showing today.

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Multi-Family Active

Price

$ 370,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,877

Style

Duplex

Lot Size

0.31

Year Built

1937

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

L4957271

Features
General
Sewer Other
Heating Other
Cooling Central Air
Utilities Cable Connected Electricity Connected
Possession Close Of Escrow
Roof Shingle
Appliances Refrigerator
Zoning R-2
Construction Materials Block
Year Built 1937
Tenant Pays Electricity
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Gross Income 34800
County Polk
New Construction false
Property Type Residential Income
Subdivision Name LAKE WALES
Garage Y/N false
Status Active
Directions Hwy 60 to 1st St. Turn north on 1st St then right onto E Sessoms Ave. Property will be on your left.
City LAKE WALES
Senior Community Y/N false
Number Of Units Total 3
MLS Area 33853 - Lake Wales South
Lot Size Units Square Feet
Lot Size Square Feet 13464
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 2877.34
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4957271
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 10
Total Actual Rent 2900
Legal Description LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Other
Flooring Laminate Luxury Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 2
Total Baths 3
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Exterior
Exterior Amenities Other Rain Gutters
Water Source Public
Lot Size Area 13464
Foundation Details Slab
Number of Buildings 3
Building Area Total 1600
Lot Size Acres 0.31
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Bhhs Florida Properties Group

Broker

realestatewesfl@gmail.com

Email

Affordability Calculator

$2,548
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,308
Monthly Property Taxes
$240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$370,000 Listed Price

Map


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425 E SESSOMS AVENUE, Lake Wales, FL, 33853 is a Multi-Family Home for sale at $370,000 with 685 sqft and a lot size of 0.31. 425 E SESSOMS AVENUE has 2 bedrooms, 3.0 baths, and was built in 1937. The property's zip code is 33853 which is in Lake Wales, FL