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For sale
    • Price cut: $91.6K (6/27)
    $299,900

    26 W POLK AVENUE, LAKE WALES, FL 33853

    4beds
    4baths
    1,740sqft
    : 
    $1,984/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $172/sqft
    $-- HOA

    What's special

    Oversized lot
    ***HUGE PRICE REDUCTION***Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!
    826 days
    |
    248
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Mesimer 863-224-6999,

    KELLER WILLIAMS REALTY SMART 1 863-508-3000

    Source: Stellar MLS,MLS#: L4944606MLS LogoOriginating MLS: East Polk

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Outside
      Features
      • Other
      • Has fireplace: No
      Interior area
      • Total structure area: 1,916
      • Total interior livable area: 1,740 sqft
      Video & virtual tour

      Property

      Features
      • Exterior features: Other
      Lot
      • Size: 0.3 Acres
      • Dimensions: 70 x 185
      Details
      • Parcel number: 273002903500007303
      • Zoning: C-2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Wood Frame
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

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

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: TWIN LAKE PARK SUB
      HOA
      • Has HOA: No
      Location
      • Region: Lake Wales

      Financial & listing details

      • Price per square foot: $172/sqft
      • Tax assessed value: $94,129
      • Annual tax amount: $2,290
      • Date on market: 5/8/2024
      • Cumulative days on market: 765 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/27/2026Price change$299,900-23.4%$172/sqft
        Source: Stellar MLS #L4944606 Report a problem
        2/24/2026Price change$391,498-3%$225/sqft
        Source: Stellar MLS #L4944606 Report a problem
        12/16/2025Price change$403,607-3%$232/sqft
        Source: Stellar MLS #L4944606 Report a problem
        11/12/2025Price change$416,090-3%$239/sqft
        Source: Stellar MLS #L4944606 Report a problem
        11/4/2025Pending sale$428,959$247/sqft
        Source: Stellar MLS #L4944606 Report a problem
        8/25/2025Price change$428,959-3%$247/sqft
        Source: Stellar MLS #L4944606 Report a problem
        5/10/2025Price change$442,225-5%$254/sqft
        Source: Stellar MLS #L4944606 Report a problem
        3/18/2025Price change$465,500-4%$268/sqft
        Source: Stellar MLS #L4944606 Report a problem
        8/14/2024Price change$484,900-3%$279/sqft
        Source: Stellar MLS #L4944606 Report a problem
        7/24/2024Listed for sale$499,900$287/sqft
        Source: Stellar MLS #L4944606 Report a problem
        7/17/2024Pending sale$499,900$287/sqft
        Source: Stellar MLS #L4944606 Report a problem
        5/8/2024Listed for sale$499,900+354.5%$287/sqft
        Source: Stellar MLS #L4944606 Report a problem
        2/5/2016Listing removed$110,000+29.4%$63/sqft
        Source: United Country Report a problem
        2/4/2016Sold$85,000-22.7%$49/sqft
        Source: Stellar MLS #O5403037 Report a problem
        3/27/2015Price change$110,000+14.6%$63/sqft
        Source: United Country Report a problem
        1/19/2015Listed for sale$96,000$55/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,897 +1.8%$94,129 -3.2%
        2024$1,863 -6.9%$97,208 -5.6%
        2023$2,001 +33.7%$103,019 +30.7%
        2022$1,496 +5.7%$78,797 +10%
        2021$1,415 +2.2%$71,634 +3%
        2020$1,384 -3.7%$69,568 -1%
        2019$1,437 -16.8%$70,261 +1.9%
        2018$1,727 +0.4%$68,935 +4.2%
        2017$1,720 +65.5%$66,169 +40.4%
        2016$1,039 +12%$47,138 +10%
        2015$928 +8.8%$42,853 +10%
        2014$853 -43.5%$38,957 -39.6%
        2013$1,509 +3.6%$64,545 +5.3%
        2012$1,457 -5.5%$61,323 -8.8%
        2011$1,542 -25.6%$67,248 -26.8%
        2010$2,073 -21%$91,915 -14.9%
        2009$2,625 +4.2%$108,025 -4%
        2008$2,519 $112,482
        2007-- --
        2005-- --
        2004$1,809 +5.4%--
        2003$1,716 +17.4%$65,760 +13.6%
        2001$1,463 $57,910
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33853

        Getting around

        64 / 100
        Somewhat Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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