Half Duplex at 2526 ELM AVE, LAKE WALES
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11 photos

$320,000

2526 ELM AVE
LAKE WALES, FL 33898
Listed by Morelys Caraballo · LA ROSA REALTY KISSIMMEE
Bedrooms
4
Bathrooms
2
Living area
1,736 sqft
Year built
1983

About this home

An excellent investment opportunity in Lake Wales. This versatile duplex offers the perfect blend of income potential and flexibility. Featuring 4 bedrooms, 2 bathrooms, and approximately 1,736 square feet of living space, the property consists of two independent units—ideal for generating rental income or for an owner-occupant to live in one unit while earning extra revenue. Situated on a spacious lot of approximately 0.30 acres, it offers a functional layout and convenient access to shops, restaurants, schools, and major roadways. Whether you are a seasoned investor or looking to expand your real estate portfolio, this property holds great potential in the growing Central Florida market. Schedule a viewing today and explore the possibilities.

Property details

MLS #
MFRS5150951
Property type
Half Duplex
Subdivision
939210
Status
Active
Days on market
57
On market date
July 20, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.33 acres
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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).

ElementaryCharter
HILLCREST ELEMENTARY SCHOOL
1.27 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
690
Student:teacher ratio
14.7:1
District
POLK
MiddleCharter
EDWARD W BOK ACADEMY NORTH
2.26 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
554
Student:teacher ratio
17.9:1
District
POLK
HighCharter
LAKE WALES SENIOR HIGH SCHOOL
2.33 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,560
Student:teacher ratio
22.6:1
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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

33
Car-dependent
out of 100
EPA National Walkability Index
6.7 / 20 -- Below average walkable

Market position

How this listing compares to current activity in LAKE WALES, from live MLS data.

On the market 57 days -- 108 fewer days than LAKE WALES's current average of 165 days.
For reference, the median list price across 799 active listings in LAKE WALES right now is $175,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$2,077/mo
$64,000 down
$256,000 loan
Principal & interest$1,660
Property tax (est.)$267
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 19 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.