$775,000
Original: $799,000 ▼ Price reduced

315 RIDGE MANOR DR, Lake Wales, FL 33853

Active
6
Beds
12
Baths
5,030
Sq Ft
$154
Per Sq Ft
1926
Built
41
Days Listed

About This Property

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!

Property Details

TypeQuadruplex
Lot0.79 ac
PoolNo
WaterfrontNo
SubdivisionRIDGE MANOR
HOANo
Tax/yr$9,928
HeatingElectric, Space Heater
CoolingWall/Window Unit(s)
RoofOther, Shingle

Listed by LEGACY REAL ESTATE CENTER INC · MLS# K4903360

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Properties displayed may be listed or sold by various participants in the MLS

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-25.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Schedule a Showing
Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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