Skip main navigation
Sold for $780,000
  • $780,000

    434 E TILLMAN AVENUE, LAKE WALES, FL 33853

    12beds
    7baths
    4,466sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $767,400 Zestimate®
    $175/sqft
    $1,099 Estimated rent

    Home value

    $767,400

    $729,000 - $806,000

    $1,099/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,099/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,099/mo

    Rent Zestimate®

    Refinance and save

    $5,237/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $5,237/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    New roofsLarge onsite storage area
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Wes Fleming 863-666-4136,

    BHHS FLORIDA PROPERTIES GROUP 863-701-2350

    Bought with:

    Tina Turner, 3058114

    COLDWELL BANKER (HAMMOCK)

    Source: Stellar MLS,MLS#: L4957773MLS LogoOriginating MLS: Lakeland

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: None
    Features
    • Ceiling Fan(s), Solid Surface Counters, Solid Wood Cabinets
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,466 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: None, Storage
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 273001883000042040
    • Zoning: R-2
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Slab
    • Roof: Membrane,Shingle
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Phone Available

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $175/sqft
    • Tax assessed value: $126,738
    • Annual tax amount: $3,028
    • Date on market: 12/8/2025
    • Cumulative days on market: 44 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Lease term: 12 Months
    • Total actual rent: 8500
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    3/13/2026Sold$780,000-5.5%$175/sqft
    Source: Stellar MLS #L4957773 Report a problem
    1/21/2026Pending sale$825,000$185/sqft
    Source: Stellar MLS #L4957773 Report a problem
    1/15/2026Price change$825,000-2.9%$185/sqft
    Source: Stellar MLS #L4957773 Report a problem
    12/8/2025Listed for sale$850,000+35.6%$190/sqft
    Source: Stellar MLS #L4957773 Report a problem
    2/24/2025Listing removed$1,150
    Source: Stellar MLS #L4950521 Report a problem
    2/5/2025Listed for rent$1,150
    Source: Stellar MLS #L4950521 Report a problem
    6/5/2023Sold$627,000+3823.7%$140/sqft
    Source: Public Record Report a problem
    1/6/2011Sold$15,980$4/sqft
    Source: Public Record Report a problem
    10/20/2010Sold$15,980$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,554 +4.3%$126,738 -0.8%
    2024$2,450 +0.4%$127,801 +4.5%
    2023$2,440 +13.4%$122,265 +10%
    2022$2,151 +6.9%$111,150 +10%
    2021$2,013 +10.1%$101,045 +10%
    2020$1,828 -0.9%$91,859 +1.9%
    2019$1,844 -23.9%$90,129 +5.1%
    2018$2,422 +2.7%$85,750 +6.1%
    2017$2,357 +44.2%$80,783 +4.9%
    2016$1,635 $76,988
    Find assessor info on the county website

    Neighborhood: 33853

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $767,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $767,400