$250,000
$100K PRICE DROP

342 E Tillman Ave Lake Wales, FL 33853

Estimated payment $1,627/month

Total Views 22,243
-- Bed
-- Bath
1,896 Sq Ft
$132 Price per Sq Ft

Highlights

  • Guest House
  • City View
  • Oversized Lot
  • Bartow Senior High School Rated A-
  • No HOA
  • Wood Frame Window

About This Home

Nice older 3/2 and 1/1 single family homes on the same lot! Great investment opportunity and cash flow. New roofs on both homes, 1/1 has been completely renovated, 3/2 has updates as well to flooring and paint. 3/2 features central HVAC, 1/1 features window units. Large lot, 3/2 has driveway in front, 1/1 driveway is off the back alley. Call to view it today!

Listing Agent

Peter Macera

MACERA REALTY GROUP INC Brokerage Phone: 407-246-1677 License #704056 Listed on: 01/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Fenced
  • Oversized Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,896 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Combination Dining and Living Room
  • Inside Utility
  • City Views
  • Crawl Space
  • Fire and Smoke Detector
  • Range

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Laundry closet
  • Dryer
  • Washer

Additional Homes

  • Guest House

Schools

  • Polk Avenue Elementary School
  • Mclaughlin Middle School
  • Lake Wales Senior High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,896 Sq Ft Building
  • Lake Wales Subdivision

Pet Policy

  • Dogs and Cats Allowed

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,164

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1896
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 1896
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 11247
  • Directions to Property: From US 27 turn left onto Central Ave, go East, turn right onto CR 17, 1 block and turn Left onto Tillman, home is on the right.
  • Status: Active
  • Street Direction: E
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: ORLANDO
  • Escrow Postal Code: 32819
  • Escrow State: FL
  • Escrow Street Name: DR PHILLIPS BLVD #140
  • Escrow Street Number: 7575
  • List Office Head Office Key Nume: 1045543
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 131.86
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 407-246-1677
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Levels: One
  • Window Features: Aluminum Frames, Wood Frames
  • Street Number Modifier: 342
  • Additional Rooms: Inside Utility
  • Living Area Meters: 176.14

Exterior Features

  • Other Structures: Guest House
  • Exterior Features: Fence, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Ductless
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Polk Avenue Elem
  • High School: Lake Wales Senior High
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 27-30-01-883000-041020
  • Additional Parcels: No
  • Lot Features: City Limits, Oversized Lot, Paved
  • Lot Dimensions: 75x150
  • Flood Zone Code: X
  • Lot Size Square Meters: 1045

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Total Actual Rent: 2900
  • Lease Restrictions YN: 0
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 34800
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 2
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 3164
  • Tax Block: 41
  • Tax Book Number: 1-88A
  • Tax Lot: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $250,000 -9.1% $132 / Sq Ft
05/09/2025 05/09/25 For Sale $275,000 0.0% $145 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $275,000 0.0% $145 / Sq Ft
04/09/2025 04/09/25 Rented $1,000 -99.7% --
03/26/2025 03/26/25 Under Contract -- -- --
03/18/2025 03/18/25 Price Changed $300,000 -7.7% $158 / Sq Ft
03/06/2025 03/06/25 Price Changed $324,900 -3.0% $171 / Sq Ft
02/27/2025 02/27/25 Price Changed $335,000 0.0% $177 / Sq Ft
02/27/2025 02/27/25 Price Changed $1,000 0.0% $2 / Sq Ft
02/10/2025 02/10/25 Price Changed $345,000 0.0% $182 / Sq Ft
01/31/2025 01/31/25 Price Changed $1,075 0.0% $2 / Sq Ft
01/15/2025 01/15/25 For Sale $350,000 0.0% $185 / Sq Ft
01/14/2025 01/14/25 Price Changed $1,100 -8.3% $2 / Sq Ft
12/20/2024 12/20/24 For Rent $1,200 -25.0% --
05/19/2023 05/19/23 Rented $1,600 0.0% --
04/26/2023 04/26/23 For Rent $1,600 +68.4% --
04/17/2023 04/17/23 Rented $950 0.0% --
04/12/2023 04/12/23 Price Changed $950 -5.0% $2 / Sq Ft
03/20/2023 03/20/23 For Rent $1,000 -33.3% --
05/06/2022 05/06/22 Rented $1,500 0.0% --
04/28/2022 04/28/22 Under Contract -- -- --
04/25/2022 04/25/22 For Rent $1,500 +66.7% --
10/21/2020 10/21/20 Rented $900 0.0% --
09/25/2020 09/25/20 Price Changed $900 -10.0% $2 / Sq Ft
08/15/2020 08/15/20 For Rent $1,000 +42.9% --
07/13/2018 07/13/18 Rented $700 0.0% --
06/06/2018 06/06/18 For Rent $700 0.0% --
12/16/2017 12/16/17 Off Market $700 -- --
09/13/2017 09/13/17 Rented $700 0.0% --
07/26/2017 07/26/17 Under Contract -- -- --
07/18/2017 07/18/17 For Rent $700 -- --
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: S5118560

Stellar MLS

APN: 273001883000041020