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LAKE WALES, FL 33853 434 E TILLMAN AVENUE

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Presented By: BHHS FLORIDA PROPERTIES GROUP with 863-701-2350. - 863-701-2350
  • MLS# L4957773
  • 12/08/2025
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  • Beds • 12
  • Baths • 7
  • SQFT • 4,466

Home Details

Discover an outstanding investment opportunity in the heart of Lake Wales! This 7-unit multifamily property offers strong rental income, solid occupancy, and multiple recent upgrades that make it a turnkey addition to your portfolio. The property features five 2-bed/1-bath units and two 1-bed/1-bath units, providing a versatile mix ideal for long-term tenants. Several major improvements have already been completed, including new roofs and some newer A/C systems, giving peace of mind and reducing upcoming maintenance costs. One of the standout benefits of this property is the large onsite storage area, offering excellent potential for expansion or value-add opportunities. Whether you’re looking to increase income with additional storage rentals or reconfigure the space for future improvements, the options are there. Located close to schools, shopping, dining, and major roadways, tenants enjoy convenience and strong accessibility—helping keep occupancy consistently high. Investor Highlights: • 7 rental units (5× 2/1 + 2× 1/1) • New roofs & some newer A/C units • Strong existing cash flow • High occupancy history • Expansion potential for storage area • Centrally located with steady rental demand This is the kind of multifamily property that rarely hits the market—stable, improved, and packed with upside. Don’t miss your chance to secure a high-performing asset in one of Central Florida’s growing markets!
Presented By: BHHS FLORIDA PROPERTIES GROUP with 863-701-2350. - 863-701-2350

Interior Features for 434 E TILLMAN AVENUE

Bedrooms

Total Bedrooms12

Bathrooms

Total Baths7

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s), solid surface counters, solid wood cabinets
Laundry Featuresnone

General for 434 E TILLMAN AVENUE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Spaces1
Carport Y/NYes
Citylake wales
Construction Materialsvinyl siding, wood frame
Coolingcentral air
Countypolk
Directionsfrom us-27: 1. head east on central ave / fl-60 e. 2. turn right onto s 4th street. 3. continue straight for approx. 0.3 miles. 4. turn left onto e tillman avenue. 5. the property at 434 e
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income102000
HOANo
Heatingelectric
Land Lease Y/NNo
Legal Descriptionlake wales pb 1 pg 88a 88b s1&2 t30 r27 blk 42 lot 4
Levelstwo
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet11234
Lot Size Unitssquare feet
MLS Area33853 - lake wales south
New ConstructionNo
Number Of Units Total7
Ok to Lease12 months
Ownershipfee simple
Possessionclose of escrow
Property Subtypemulti family
Property Typeresidential income
Roofmembrane, shingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelake wales
Tax Annual Amount3028
Tax Lot4
Tax Year2024
Tenant Payselectricity
Total Actual Rent8500
Utilitiescable connected, electricity connected, phone available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1920
Zoningr-2

Exterior for 434 E TILLMAN AVENUE

Covered Spaces1
Exterior Amenitiesnone, storage
Foundation Detailsslab
Lot Size Acres0.26
Lot Size Area11234
Number of Buildings3
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $850,000
MLS#L4957773
List Date 12/08/2025
Property Type Income
Phone 407.574.0218
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