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Address Withheld By Seller, 
Lake Wales, FL 33853

$399,950

8

Beds

4

Baths

2,668

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Tom Novack

Hosanna Real Estate Services

Last updated:

December 18, 2025, 01:10 PM

MLS#

L4957393

Source:

MFRMLS

Sorry, we are unable to map this address

About This Home

Address Withheld By Seller

Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex offers a steady and reliable source of income, complete with existing tenants. Each of these 2 bedroom one bath units have been recently COMPLETELY REMODELED. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and ALL TENANTS PAY THEIR OWN UTILITIES. A NEW ROOF RATED AT 160 MPH was installed in March, 2024. Each unit rents from $ 1000 to $ 1200/month. So whether you are an experienced investor looking to expand your portfolio or a novice seeking a rliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also, this property is an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listiing broker has a financial interest in this listing.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1947

Price Summary

399,950

$149 per Sq. Ft.

MLS #:

L4957393

Last Updated:

December 18, 2025, 01:10 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,668 Sq. Ft.

Structure

Structure

Building Area:

2,844 Sq. Ft.

Year Built:

1947

Lot

Lot Size (Sq. Ft):

6,384

Finances & Disclosures

Finances

Price:

$399,950

Price per Sq. Ft:

$149 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. Hosanna Real Estate Services is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Hosanna Real Estate Services, 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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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.