For sale· 35 days on market
3818 RED OAK
Lake Wales, FL, 33898·MLS# O6414909
$489,400
Estimated $3,205/mo estimated
- 4
- Bedrooms
- 4.5
- Bathrooms
- 2,160
- Sq ft
- 0.52 ac
- Lot size
- 1994
- Year built
- $227
- Per sq ft
- Residential
- Built 1994
- 0.52 acre lot
About this home
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.
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 4 full, 2 half
- Living area
- 2,160 sqft
Property
- Type
- Residential
- Year built
- 1994
- Lot size
- 0.52 acres
Financial
- Annual taxes
- $4,052.58
- Price / sqft
- $227
Estimate your monthly payment
$3,205/ month estimated
- Principal & interest$2,552
- Property tax$449
- Insurance$204
Illustrative estimate — not a lending offer.
Location
Lake Wales, FL
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Courtesy of THE REALTY MEDICS
reThought Real Estate
My local team · (407) 974-5509
$489,400
4 bd · 4.5 ba · 2,160 sqft