3947 State Road 60 E Bartow, FL 33830
Estimated payment $3,644/month
Highlights
- 1.29 Acre Lot
- No HOA
- Central Heating and Cooling System
- Kruse Elementary School Rated A-
About This Home
PRICE DROP!. Please see the attached Property Brochure for rent roll and expense info. $69,000 in annual income. 9.16% cap rate. Solid opportunity to start or expand your multifamily portfolio with this 4 unit income generating property in Bartow FL. The property consists of two structures - a single family 3 bedroom / 2 bathroom home and a triplex with various bedroom and bathroom configurations. This is a clean and well run property with strong rents and deposits that sits on a charming 1.29 acres with plenty of parking and common area outdoor space. Each structure is block construction with metal roofs. There are separate electric meters for all of the units, with the single family home tenant also paying for water. The triplex water is paid for by the Landlord. The property is located about 10 minutes from the Van Fleet Trail and SR 60 intersection in Bartow. 10 minutes to downtown Bartow, 20 minutes from Lake Wales and 25 minutes from downtown Lakeland. This property offers a blend of space, stability and convenience - ideal for investors looking to grow in the Central Florida market. OWNER HAS ANOTHER 9 UNIT PARK AVAILABLE IN LAKE WALES WITH UPSIDE. Currently producing $125,000 +/- in gross income.
Listing Agent
SAUNDERS REAL ESTATE, LLC Brokerage Phone: 863-648-1528 License #3152384 Listed on: 08/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,032
Year Built
- Built in 1956
Lot Details
- 1.29 Acre Lot
- Lot Dimensions are 142x142
- The property's road front is unimproved
Parking
- Common or Shared Parking
Home Design
- 4,059 Sq Ft Home
- Triplex
- Slab Foundation
- Metal Roof
- Block Exterior
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Laundry
- Laundry in unit
Utilities
- Central Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 25-30-02-000000-013090
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Acreage Subdivision
Building Details
- Operating Expense $14,572
- Gross Income $69,888
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | Price Changed | $594,900 | -4.8% | $147 / Sq Ft | |
| 10/17/2025 10/17/25 | Price Changed | $625,000 | -8.8% | $154 / Sq Ft | |
| 08/05/2025 08/05/25 | For Sale | $685,000 | +117.5% | $169 / Sq Ft | |
| 10/14/2021 10/14/21 | Sold | $314,900 | 0.0% | $78 / Sq Ft | View Prior Sale |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- | |
| 07/15/2021 07/15/21 | Price Changed | $314,999 | 0.0% | $78 / Sq Ft | |
| 06/30/2021 06/30/21 | Price Changed | $315,000 | 0.0% | $78 / Sq Ft | |
| 06/30/2021 06/30/21 | For Sale | $315,000 | -4.5% | $78 / Sq Ft | |
| 06/23/2021 06/23/21 | Pending | -- | -- | -- | |
| 06/21/2021 06/21/21 | Price Changed | $329,999 | -2.9% | $81 / Sq Ft | |
| 06/14/2021 06/14/21 | For Sale | $339,999 | 0.0% | $84 / Sq Ft | |
| 06/06/2021 06/06/21 | Pending | -- | -- | -- | |
| 06/01/2021 06/01/21 | Price Changed | $339,999 | -2.9% | $84 / Sq Ft | |
| 05/25/2021 05/25/21 | For Sale | $349,999 | 0.0% | $86 / Sq Ft | |
| 05/13/2021 05/13/21 | Pending | -- | -- | -- | |
| 05/03/2021 05/03/21 | For Sale | $349,999 | -- | $86 / Sq Ft |
Source: Stellar MLS
MLS Number: O6333266
APN: 253002000000013090
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