$165,000
About this home
Virtually Staged. INVESTOR OPPORTUNITY — RENTAL INCOME ALREADY IN PLACE! Looking for an investment property with rental income from day one? This well-maintained 3-bedroom, 1-bath concrete block home is currently rented for $1,225 per month, providing an immediate income-producing opportunity for an investor looking to add a solid property to their portfolio. The home has already received several desirable updates, helping minimize immediate renovation needs. The recently updated kitchen features stainless steel appliances, while ceramic tile flooring throughout the main living areas offers durability and easy maintenance. The bedrooms feature brand-new carpet, and the updated bathroom includes a single vanity and tub. A dedicated laundry area with an included washer and dryer adds convenience for tenants and additional appeal as a rental property. The generously sized lot is fully fenced in both the front and backyard with chain-link fencing, offering valuable outdoor space for tenants and pets. The grassy front yard provides curb appeal, while the unpaved driveway accommodates up to three vehicles. Located near Lake Wales Park and Kiwanis Park, the property offers convenient access to recreation, shopping, dining, and everyday necessities. With a tenant already in place at $1,225/month, updated interior features, durable block construction, and a spacious fenced lot, this property offers investors an opportunity to acquire an established rental rather than starting from scratch. Income-producing. Tenant occupied. Updated. Low-maintenance block construction. Ready for its next investor.
Property details
- MLS #
- MFRL4961375
- Property type
- Single Family Residence
- Subdivision
- ACREAGE
- Status
- Active
- Days on market
- 149
- On market date
- April 30, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.13 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 389
- Student:teacher ratio
- 14.4:1
- District
- POLK
- Enrollment
- 554
- Student:teacher ratio
- 17.9:1
- District
- POLK
- Enrollment
- 274
- Student:teacher ratio
- 9.4:1
- District
- POLK
Walkability
Blended score for LAKE WALES's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in LAKE WALES, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.