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434 E Tillman Avenue, 
Lake Wales, FL 33853

$850,000


12

Beds


7

Baths


4,466

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Wes Fleming

Bhhs Florida Properties Group

Last updated:

December 18, 2025, 01:20 PM

MLS#

L4957773

Source:

MFRMLS

About This Home

434 E Tillman Avenue

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!

Home Facts

Multi-Family

7 Baths

12 Bedrooms

Built in 1920

Price Summary

850,000

$190 per Sq. Ft.

MLS #:

L4957773

Last Updated:

December 18, 2025, 01:20 PM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

7

Interior

Living Area:

4,466 Sq. Ft.


Structure

Structure

Building Area:

4,466 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

11,234


Finances & Disclosures

Finances

Price:

$850,000

Price per Sq. Ft:

$190 per Sq. Ft.

MLS Logo
The information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Bhhs Florida Properties Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Bhhs Florida Properties Group, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Stellar Mls. All rights reserved.

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