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Listed price in listed location currency (USD).
$850,000

1270

MLS® L4957773

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4466 sqft
Garage No
Taxes $3,028
Days Active 1
Lot Size 0.26 acres
Approx. Age 1920
Avg. Price Per Sqft $190
MLS® Number L4957773

Property Address: 434 E Tillman Ave, LAKE WALES, FL, 33853-3898

Average square foot calculated using Size range provided by listing agent.

Description

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 high. Investor Highlights: • 7 rental units (5× 2/1 + 2× 1/1) • New roofs & some newer A/C units • Strong existing cash flow • High occupancy history • Expansion potential for storage area • Centrally located with steady rental demand This is the kind of multifamily property that rarely hits the market—stable, improved, and packed with upside. Don’t miss your chance to secure a high-performing asset in one of Central Florida’s growing markets!
MLS® NumberL4957773
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.26
Exterior
GarageNo
Approx. Age1920
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 8, 2025List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
434 E Tillman Ave, LAKE WALES, FL

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