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    342 E Tillman Ave Lake Wales, FL 33853

    For Sale
    $235,000

    Duplex - LAKE WALES, FL

    Type:Duplex
    Property size:
    1,896 SF
    Lot size:
    0.26 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 342 E Tillman Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Zoning
    R-2
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    27-30-01-883000-041020
    Parking features
    Driveway
    Pets allowed
    Cats OK, Dogs OK
    Interior features
    Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
    Exterior features
    Paved, Fence, Sidewalk
    Fencing
    Fenced
    Appliances
    Dryer, Range, Refrigerator
    Size
    1,896 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Central, Ductless (Heating), Electric (Heating)
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1925
    Number of units
    2
    Flooring type
    Laminate, Tile, Tile - Ceramic
    Building materials
    Frame, Wood Siding
    Roof type
    Shingle
    Architectural style
    Other

    Macera Realty Group Inc. (407) 970-2104 [email protected]

    Listing agent Peter Macera (407) 970-2104 License #704056

    Listing date Sep 22, 2025

    MLS# S5118560 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Wales Duplex Investment

    This property features a 3/2 and a 1/1 single family home on the same 0.26-acre lot, presenting a great investment opportunity with cash flow potential. Both homes have new roofs. The 1/1 unit has been completely renovated, while the 3/2 unit features updates to the flooring and paint. The 3/2 unit is equipped with central HVAC, and the 1/1 unit has window units. The 3/2 has a driveway in the front, and the 1/1 has a driveway off the back alley. Located in Lake Wales, Florida, this property is zoned R-2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.583883
    Latitude
    27.899841

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    FAQs

    What type of property is this?
    Duplex - Duplex in Lake Wales with renovated units and new roofs.
    Where is this duplex located?
    The property is located at 342 E Tillman Ave Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - Two Homes on One Lot: 3/2 and 1/1 single family homes offer dual rental income potential.; - New Roofs: Both homes have new roofs, reducing immediate maintenance concerns.; - Renovated 1/1: The 1/1 unit is completely renovated, increasing its appeal to renters.
    (407) 970-2104
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    342 E Tillman Ave Lake Wales, FL 33853
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    342 E Tillman Ave Lake Wales, FL 33853
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