IDX

Listed by Erich Spivey · Courtesy of ALABAMA LLC · Agent MLS ID# MFR261211724 · Deemed reliable but not guaranteed. · Data last updated: Feb 12, 2025 · 5:20 PM

236 WASHINGTON AVE

$725,000

16Bedrooms

9Bathrooms

4,123Sq Ft

1950Year Built

N/AGarage

143Days on Market

0.35 acLot Size

Amazing opportunity to expand your real estate holdings in fast-growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8-plex is always at capacity in a single-story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.

What's special

Facts & Features

MLS ID#: MFRO6243795
PRICE: $725,000
STATUS: Active
BEDROOMS: 16
BATHROOMS: 9
FULL BATHS: 8
HALF BATHS: 1
SQUARE FOOTAGE: 4,123 sqft
ACRES: 0.35
YEAR BUILT: 1950
TYPE: Half Duplex
SUB-TYPE: N/A
STYLE: N/A

Community Information

ADDRESS: 236 WASHINGTON AVE
SUBDIVISION: Lake Wales Land County Sub
CITY: Lake Wales
COUNTY: Polk
STATE: FL
ZIP CODE: 33853
SENIOR COMMUNITY: No

Amenities

AMENITIES: N/A
PARKING: N/A
VIEW: No
WATERFRONT: No
POOL: No

Interior

INTERIOR FEATURES: Open Floorplan
HEATING: Electric
COOLING: Wall/Window Unit(s)
FLOORING: Tile
FIREPLACE: N/A
STORIES: 1
APPLIANCES: Range, Refrigerator, Cooktop

Exterior

EXTERIOR FEATURES: Courtyard
CONSTRUCTION: Block
FOUNDATION: Slab
ROOF: Shingle
FENCING: Fenced, Wood
LOT DESCRIPTION: N/A

School Information

ELEMENTARY: N/A
MIDDLE: N/A
HIGH: N/A

Additional Information

DATE LISTED: September 22, 2024
DAYS ON MARKET: 143
ZONING: R-3
DIRECTION FACES: North
NEW CONSTRUCTION: No
SPECIAL CONDITIONS: None

143 days on market

Listing updated: Feb 12, 2025 · 5:20 PM

Listed by: Erich Spivey · 407-674-1852 — ALABAMA LLC

Source: Stellar MLS (My Florida Regional MLS) · MLS ID# MFRO6243795

MLS/IDX data last updated: September 16, 2026 10:00 PM . All data is obtained from various sources and may not have been verified by the 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

IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.