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Brick Triplex Investment Property
For Sale
Contact for pricing
Pending

140 Ave W NW, Winter Haven, FL 33881

Brick triplex built in 1974, fully leased with professional management and tenant-paid utilities.

Property SizeContact for details
Days on Market127

Property Features for 140 Ave W NW

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Year Built 1974
Listing Agency: WC Equity Group
Listed By: Blue Peak Realty · License #FL CQ1053411
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 13 at 10:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WC Equity Group

Investment Insights

Based on property information with market context.

This brick triplex was built in 1974 and is currently 100% leased and professionally managed. All units are leased for $525 per month, with stated room for growth to $599 per unit per month. Tenants pay all utilities.

The property is located at 140 Ave W NW in Winter Haven, Florida, described as being in the gateway market area.

As configured, the asset provides three leased residential units under a single managed investment setup, with ongoing rent paid directly by tenants and utility responsibility placed with the tenant.

Key Highlights

  • Brick triplex built in 1974
  • All units are 100% leased and managed by a professional management firm
  • Current rent is $525 per month per unit, with stated room to grow to $599/unit/month

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby

Demographics for 33881, FL

38,369
Population
17,948
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
85%
High-School Grad
21.9 sq mi
ZIP Area
1,752
Density / Sq Mi
$53,867
Median Household Income
$33,941
Median Earnings
$1,153
Median Rent
$177,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Brick triplex built in 1974, fully leased with professional management and tenant-paid utilities.
Where is this triplex located?
The property is located at 140 Ave W NW Winter Haven, FL.
What are key features of this property?
This property features: Brick triplex built in 1974; All units are 100% leased and managed by a professional management firm; Current rent is $525 per month per unit, with stated room to grow to $599/unit/month
More about this property
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