For SaleQuadruplexActive
315 Ridge Manor Drive
Lake Wales, FL 33853
$739,000
230 Days On Site
- 6Beds
- 12Baths
- 5,030Sq Ft
- $147Per Sq Ft
- 0.79Acres
- 1926Built
- Subdivision
- Ridge Manor
- County
- Polk
- MLS®
- K4903360
Overview
Exceptional 11-Unit Income Opportunity with Strong Rental Appeal!
Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor.
Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location.
Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses.
Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!
Listing Snapshot
- Price
- $739,000
- Days On Site
- 230 Days
- Bedrooms
- 6
- Inside Area (SqFt)
- 5,030 sqft
- Total Baths
- 12
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.79 Acres
- Year Built
- 1926
- MLS® Number
- K4903360
- Status
- Active
- Property Tax
- $9,928 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
8 items
- Acres
- 0.79
- Levels
- One
- Property Sub Type
- Quadruplex
- Sewer
- Septic Tank
- SqFt Total
- 5,205
- Utilities
- Electricity Connected, Propane
- Water Source
- Public
- Zoning
- R-2
Interior Features
7 items
- Basement
- Crawl Space
- Cooling
- Wall/Window Unit(s)
- Fireplace
- Yes
- Fireplace Features
- Living Room
- Furnished
- Unfurnished
- Heating
- Electric, Space Heater
- Laundry Features
- Common Area, Laundry Room, Outside
Exterior Features
4 items
- Construction Details
- Stucco, Frame
- Exterior
- Storage
- Patio And Porch
- Patio, Porch, Screened
- Roof
- Other, Shingle
Community Features
4 items
- MLS Area
- 33853 - Lake Wales South
- Township
- 30
- Financing Terms Available
- Cash, Conventional
- Roads
- Asphalt
Location
315 Ridge Manor Drive, Lake Wales, FL 33853 · 33853 - Lake Wales South
Neighborhood & Commute
ZIP Code 33853
- Median household income
- $44,608
- Income per person
- $24,287
- Households
- 4,917
- Average household size
- 2.50
- Median age
- 42.3
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $739,000
- Status changed to Active
- Listing first seen on site











