For sale

Price cut: $400 (8/8)

$254,600

130 E Northside Drive, Lake Wales, FL 33853

4beds

2baths

1,455sqft

$1,702/mo

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Duplex, Multi Family, Multi Family

Built in 1938

-- sqft lot

$-- Zestimate^®

$175/sqft

$-- HOA

What's special

Desirable lakefront appealOpen-concept livingGenerous outdoor space

This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike Deliverina an imprecsive wabout 8% can rate with an all-cash nurchase_and closer to about a 9% cap with just 20% down at today's prevailing rates —this is compellina. for those looking to live in one unit. the numbers make ownership more affordable than rentina. while the second unit helns offset vour mortaage The property offers two well-designed 2-bedroom, 1-bath units with open-concept living, generous outdoor space, and desirable lakefront appeal with no HOA. While a new roof is needed. the seller is offerina a $10.000 concession

6 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Electric

Cooling

Central Air

Features

Flooring: Wood

Interior area

Total structure area: 1,831
Total interior livable area: 1,455 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 6

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Exterior features: None
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake Front

Lot

Size: 10,197 Square Feet
Features: None, < 1/4 Acre

Details

Parcel number: 342927875300001120
Zoning: R3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family, Multi Family

Materials

Other
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1938

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected

Community & HOA

Community

Subdivision: NORTHSIDE HEIGHTS

HOA

Has HOA: No

Location

Region: Lake Wales

Financial & listing details

Price per square foot: $175/sqft
Tax assessed value: $173,531
Annual tax amount: $3,631
Date on market: 8/25/2026
Cumulative days on market: 228 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Tenant pays: Cable TV, Electricity, Gas, Water
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,164/mo

Price history

Date	Event	Price
8/8/2026	Price change	$254,600-0.2%$175/sqft
Source: My State MLS #11607646 Report a problem
5/26/2026	Price change	$255,000-1.2%$175/sqft
Source: My State MLS #11607646 Report a problem
2/25/2026	Price change	$258,000-0.8%$177/sqft
Source: My State MLS #11607646 Report a problem
6/30/2025	Listed for sale	$260,000$179/sqft
Source: MIAMI #A11830970 Report a problem