1021 Cohassett Avenue, Lake Wales, FL 33853

Lake Wales
Local realty services provided by:ERA American Suncoast
1021 Cohassett Avenue,Lake Wales, FL 33853
$397,000
  • 8 Beds
  • 4 Baths
  • 2,188 sq. ft.
  • Multi-family
  • Active
Listed by: david reyes
Office: keller williams realty smart 1
MLS#:P4939125
Source:MFRMLS

Price summary

  • Price:$397,000
  • Price per sq. ft.:$181.44

About this home

This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee. The property consists of four income-producing rental units, including: One 3-bedroom unit currently leased for $1,200 per month One 2-bedroom unit currently leased for $850 per month One 1-bedroom unit currently leased for $850 per month One detached cottage currently leased for $850 per month All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.

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Home facts

  • Year built:1950
  • Subdivision & Development:LAKE WALES HIGHLAND HEIGHTS ADD
  • Listing ID #:P4939125
  • Added:51 day(s) ago
  • Updated:August 13, 2026 at 09:58 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:2,188 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:2,188 sq. ft.
  • Lot area:0.53 Acres
  • Construction Materials:Stucco
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Water Connected

Finances and disclosures

  • Price:$397,000
  • Price per sq. ft.:$181.44
  • Tax amount:$2,811 (2025)

Features and amenities

  • Pool features:Public Pool
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