Virtual TourMap

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

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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

  1. Listing updated with changes from the MLS®
  2. Price changed to $739,000
  3. Status changed to Active
  4. Listing first seen on site

Friends & Family

Listing courtesy of LEGACY REAL ESTATE CENTER INC (863) 632-5573

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-05 10:46 PM EST

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