$397,000
1021 Cohassett Avenue
Lake Wales, FL 33853
Listing updated: July 17, 2026 at 1:21 PM ET
Listing courtesy of Keller Williams Realty Smart 1 · David Reyes · MLS #P4939125 · Active · 863-508-3000Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee. The property consists of four income-producing rental units, including: One 3-bedroom unit currently leased for $1,200 per month One 2-bedroom unit currently leased for $850 per month One 1-bedroom unit currently leased for $850 per month One detached cottage currently leased for $850 per month All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history25 days on market
- Status: ActiveJun 23, 2026
- Listed$397,000Jun 22, 2026
- Price increased$397,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 25
- Subdivision
- Lake Wales Highland Heights Add
- County
- Polk
- Year built
- 1950
- Living area
- 2,188 sq ft
- Price/sq ft
- $181
- Lot size
- 23,021 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12105C0565H)
- Annual taxes
- $2,811 (2025)
- Parcel #
- 27-30-12-921000-004080
- Zoning
- R-3
- MLS #
- P4939125
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Interior Details
- Bedrooms
- 8
- Interior features
- Ninguno
- Laundry
- None
Heating & Cooling
- Heating
- None
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- None
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- None
- Water source
- See Remarks
- Utilities
- Electricity Connected, Water Connected
Listing Details
- Listing date
- 2026-06-16
- On market date
- 2026-06-22
- Original list price
- $397,000
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- East Polk
- Status changed
- 2026-06-23
- Tax legal description
- LAKE WALES HIGHLAND HEIGHTS ADDITION PB 10 PGS 41A AND 41B BLK D LOT 8
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From State Road 60 and US 27, head east on State Road 60. Turn right on S 10th Street and Left on Cohassett Avenue. The property is on the left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of July 17, 2026 at 1:21 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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