$489,000
About this home
Excellent investment opportunity in the growing Lake Wales market! This duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. 3818 will remain tenant-occupied until Oct. 2027 and 3820 will be occupied until Oct. 2026. Each side of this well-maintained duplex features 2 bedrooms, 1.5 bathrooms, and approximately 1,080 square feet of living space, providing spacious and comfortable accommodations for tenants. With a total of 2,160 square feet, the property offers strong rental appeal and consistent income potential. Skip the hassle and expense of finding tenants—both units are already occupied and generating income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex presents a rare opportunity to acquire a stabilized asset in a desirable Central Florida location. Don't miss your chance to own a cash-flowing duplex with built-in income and long-term investment potential.
Property details
- MLS #
- MFRO6414909
- Property type
- Single Family Residence
- Subdivision
- COUNTRY OAKS ESTATES
- Status
- Active
- Days on market
- 114
- On market date
- June 8, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.52 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
- 690
- Student:teacher ratio
- 14.7:1
- District
- POLK
- Enrollment
- 554
- Student:teacher ratio
- 17.9:1
- District
- POLK
- 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.
Market position
How this listing compares to current activity in LAKE WALES, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 4 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.