FL
Polk
LAKE WALES
33853
434 E TILLMAN AVENUE
434 E TILLMAN AVENUE, LAKE WALES, FL 33853
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Listing Type
Multi Family
Listing Status
Active
39
$825,000

Home Details for 434 E TILLMAN AVENUE

Price
$825,000
Type
Residential Income
Bedrooms
12
Bathrooms
7.0
Square feet
4466
Year built
1920
Lot size acres
0.26
County
Polk
Garage
Days on site
81
MLS Listing#
L4957773
Property Description

Price Reduced $25,000 – Seller Motivated! An outstanding investment opportunity just got even better in the heart of Lake Wales. The seller has lowered the price by $25,000, creating a compelling value for investors seeking strong cash flow and long-term upside. This 7-unit multifamily property offers solid rental income, strong occupancy, and multiple recent upgrades—making it a true turnkey addition to any portfolio. The unit mix includes five 2-bed/1-bath units and two 1-bed/1-bath units, a proven combination for stable, long-term tenancy. Major improvements have already been completed, including new roofs and some newer A/C systems, helping reduce future capital expenses and enhance operational efficiency. A standout feature is the large onsite storage area, presenting excellent value-add or expansion potential. Whether converted into income-producing storage units or reconfigured for future improvements, this space offers flexibility and upside. Ideally located near schools, shopping, dining, and major roadways, the property benefits from strong tenant demand and consistent occupancy. Investor Highlights • Price reduced $25,000 • 7 units (5× 2/1 + 2× 1/1) • New roofs & newer A/C systems • Strong existing cash flow • High occupancy history • Expansion or storage income potential • Central Lake Wales location With pricing improved and upside still intact, this is a rare opportunity to acquire a stabilized multifamily asset with room to grow. Bring your offers—this one is ready to move.

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Property Features
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Connected
    • Phone Available
  • Cooling Information
    • Central Air
  • Heating Information
    • Electric
  • Water Features
    • Public
Listing Courtesy: BHHS FLORIDA PROPERTIES GROUP - 863-701-2350
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-01-21 09:07:39
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EXIT KING REALTY
1800 S. Tamiami Trail, Venice, FL 34293
Chet Hockett
License #: 3552572
Sales Representative
Office
941 497 6060
Agent
941 599 1042
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