$
236 WASHINGTON AVE
Lake Wales, Polk, FL, 33853
Active$725,000
$176/sqft
16Beds
9Baths
4,123Sq Ft
1950Built
143Days on Market
About this home
Amazing opportunity to expand your real estate holdings in fast-growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8-plex is always at capacity in a single-story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.
Facts & Features
MLS ID#MFRO6243795
Price$725,000
StatusActive
Bedrooms16
Bathrooms9
Full Baths8
Half Baths1
Square Footage4,123 sqft
Acres0.3500
Year Built1950
TypeResidential
SubtypeHalf Duplex
StyleN/A
Community Information
Address236 WASHINGTON AVE
SubdivisionLake Wales Land County Sub
CityLake Wales
CountyPolk
StateFL
Zip Code33853
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontNo
PoolNo
Interior
Interior FeaturesOpen Floorplan
HeatingElectric
CoolingWall/Window Unit(s)
FlooringTile
FireplaceN/A
Stories1
AppliancesRange, Refrigerator, Cooktop
Exterior
Exterior FeaturesCourtyard
ConstructionBlock
FoundationSlab
RoofShingle
FencingFenced, Wood
Lot FeaturesN/A
School Information
ElementaryN/A
MiddleN/A
HighN/A
Additional Information
Date ListedSeptember 22, 2024
Days on Market143
ZoningR-3
Direction FacesNorth
New ConstructionNo
Mortgage Calculator
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. ALABAMA LLC is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
143 days on market
Listed by: Erich Spivey · 407-674-1852—ALABAMA LLC · 904-276-2555
Updated from Real Estate Market Data
MLS/IDX data last updated: October 4, 2026 2:00 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Location
MA
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