Steven Koleno

Steven Koleno Consumer-First Real Estate Architect

$489,000.00
3818 RED OAK COURT, LAKE WALES, FL - 33898
4 beds
3.0 baths
2,160 sqft
$489,000.00
3818 RED OAK COURT, LAKE WALES, FL - 33898
Steven Koleno
$489,000.00
4 beds
3.0 baths
2,160 sqft
3818 RED OAK COURT, LAKE WALES, FL - 33898
For Sale
Photo 1
  • Built in 1994
  • 2 garage spaces
  • $226.39/sqft
  • Lot size: 22,446 sqft
  • 73 days on market

Excellent investment opportunity in the growing Lake Wales market! This fully occupied duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. 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.

  • Directions: From downtown Lake Wales, head East on E. Central Ave. Take a Left on N. Lakeshore Blvd. and another Left on Tower Blvd. Take a Right (East) on Burns Ave (17). Right on Mammoth Grove Rd. Right on Capps Rd and finally a Left on Red Oak Ct.
  • County: Polk
  • Geo subdivision: COUNTRY OAKS ESTATES

Nearby Schools

Spook Hill Elem

McLaughlin Academy Of Excellence

Lake Wales Senior High

Features

Financial

Let's get in touch!

Steven Koleno

Steven Koleno

Consumer-First Real Estate Architect

See also

For Sale
1117 N LAKESHORE BOULEVARD, LAKE WALES, FL - 33853
$460,000.00
3 bds
2.0 ba
2,163 sqft
1117 N LAKESHORE BOULEVARD, LAKE WALES, FL - 33853
For Sale
811 STATE ROAD 60 E, LAKE WALES, FL - 33853
$530,000.00
4 bds
4.0 ba
3,436 sqft
811 STATE ROAD 60 E, LAKE WALES, FL - 33853
For Sale
864 REDWOOD WAY, LAKE WALES, FL - 33898
$459,000.00
3 bds
2.0 ba
1,660 sqft
864 REDWOOD WAY, LAKE WALES, FL - 33898
Stellar MLS
  • Source: Stellar MLS
  • MLS #: O6414909
Listing updated: August 18, 2026 at 3:46PM
Listing provided by: Jason Hamilton, THE REALTY MEDICS
Last checked 2 days ago
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