3818 Red Oak Court, Lake Wales, FL 33898
Local realty services provided by:ERA Advantage Realty, Inc.
Listed by: jason hamilton
Office: the realty medics
MLS#:O6414909
Source:MFRMLS
Price summary
- Price:$489,900
- Price per sq. ft.:$174.59
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.
Contact an agent
Home facts
- Year built:1994
- Listing ID #:O6414909
- Added:5 day(s) ago
- Updated:June 14, 2026 at 02:53 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Flooring:Laminate
- Kitchen Description:Convection Oven, Dishwasher, Range Hood, Refrigerator
- Living area:2,160 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1994
- Building area:2,160 sq. ft.
- Lot area:0.52 Acres
- Construction Materials:Concrete
- Exterior Features:Lighting
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Lake Wales Senior High
- Middle school:McLaughlin Academy Of Excellence
- Elementary school:Spook Hill Elem
Utilities
- Water:Public, Water Connected
- Sewer:Septic Tank
Finances and disclosures
- Price:$489,900
- Price per sq. ft.:$174.59
- Tax amount:$4,053 (2025)
Features and amenities
- Appliances:Convection Oven, Dishwasher, Range Hood, Refrigerator
- Laundry features:Electric Dryer Hookup, In Garage, Washer Hookup
- Amenities:Cable Connected, Natural Gas Connected, Thermostat, Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:2
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