$489,000

$226/sq ft

$900
Price Decreased

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Overview

Bedroom

4

Bath

2

Year Built

1994

Garage

2

Sqft

2160

Property Type

Single Family Residence

Property Description

Excellent investment opportunity in the growing Lake Wales market! This fully occupied duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. 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#

O6414909

Garage

2

Total Floor in Bldg

2

Address

3818 RED OAK

City

Lake Wales

State/county

FL

Zip/Postal Code

33898

Area

Country Oaks Estates

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,052

Maint Fee

$--

Tax Year

2025

Convection Oven

Dishwasher

Range Hood

Refrigerator

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Boris Gelfand