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3818 RED OAK COURT, LAKE WALES, FL - photo 1

$489,000

3818 RED OAK COURT

LAKE WALES, FL 33898

Estimated payment $3,048/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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4Beds
4Baths
2,160Sq Ft
$226Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Garage
Built in 1994
22,446 sqft Lot

About This Home

Excellent investment opportunity in the growing Lake Wales market! This duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. 3818 will remain tenant-occupied until Oct. 2027 and 3820 will be occupied until Oct. 2026. 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.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:4
  • •Bathrooms:4 (2 full, 2 half)
  • •Full bathrooms:2
  • •Half bathrooms:2

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:2,160 sqft
  • •Total interior livable area:2,160 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:22,446 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1994

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Price history

DateEventPrice
2026-06-08T00:00:00.000ZListed for sale$489,000$226/sqft

Listing Agent

Jason Hamilton

THE REALTY MEDICS

Brokerage Phone: 321-947-7653

Source: Stellar MLS · MLS #O6414909

Data Powered by Home Junction, Inc.

Nearby

Dining

pizzanos

1.6 mi

Grill Depot

1.8 mi