315 RIDGE MANOR DRIVE, Lake Wales, FL 33853

• 6 beds |
• 12 baths |
• 5,030 sqft

Property Description

Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!

Listing Status:

Active

Date Added:

March 20, 2026

Data Last Updated:

March 29, 2026 at 12:21AM

Listing Office:

LEGACY REAL ESTATE CENTER INC : 863-676-0200

Listing Agent:

Dolores Vogel : 863-632-5573

MLS ID:

K4903360

Interior

• General: Window Treatments
• Laundry: Common AreaLaundry RoomOutside
• A/C: Wall/Window Unit(s)
• Heating: ElectricSpace Heater
• Fireplace: Living RoomFireplace

Exterior

• General: Storage
• Other Structures: PorchScreenedPatio

Construction

• Roofing: OtherShingle
• General: StuccoFrameOneCrawlspace

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Polk

Lot

• Zoning: R-2RIDGE MANOR SECOND UNIT PB 19 PG 16 BLK 11 LOTS 4 THRU 6 & PT OF LOT 7 DESC AS: BEG SE COR NLY TO NE COR W 30 FT SLY 151.95 FT TO POB27-30-11-916000-011040

Utilities

• Utilities: Electricity ConnectedPropanePublic
• Water: Public
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple