Under contract-accepting backup offers. 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!
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
Price:
$799,000
MLS #:
K4903360
Status:
Pending
Beds:
6
Baths:
12
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
RIDGE MANOR
Neighborhood:
33853lakewalessouth
Listed Date:
Mar 20, 2026
Finished Sq Ft:
5,030
Total Sq Ft:
5,205
Lot Size:
34,360 sqft / 0.79 acres (approx)
Year Built:
1926
Units:
11
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
Electric, Space Heater
Interior Features
Window Treatments
Laundry Features
Common Area, Laundry Room, Outside
Levels
One
Exterior
Construction Materials
Stucco, Wood Frame (FSC Certified)
Exterior Features
Storage
Patio And Porch Features
Patio, Porch, Screened
Roof
Other, Shingle
Financial
Tax Year
2025
Taxes
$9,928
Map
Community
- Address315 RIDGE MANOR DRIVE LAKE WALES FL
- SubdivisionRIDGE MANOR
- CityLAKE WALES
- CountyPolk
- Zip Code33853
Subdivisions in LAKE WALES
- 220594
- ACREAGE
- ALTA VISTA
- ALTADENA SUB
- ANNABELLE ESTATES
- ATKINSON SUBDIVISION
- BLUE LAKE HEIGHTS
- BLUE LAKE TERRACE
- BRANTLEYS RESUB
- BROOKSHIRE
- BULLARD BLDG CONDO
- CALOOSA LAKE VILLAGE
- CANDLELIGHT GROVES
- CARY WALTERS SUB
- CENTRAL LAKE ESTATES
- CHALET ESTATES
- CHALET ESTATES ON LAKE SUZANNE
- CHERRY POCKET
- CHERRY POCKET SUB
- CONNER SUB
- COUNTRY CLUB VILLAGE CONDO
- COUNTRY CLUB VILLAGE PH 02
- COUNTRY CLUB VILLAGE PH 03
- COUNTRY OAKS ESTATES
- CROOKED LAKE PARK 02
- CROOKED LAKE PARK TR 02
- CROOKED LAKE PARK TR 05
- CROWN POINTE PH 01
- CROWN POINTE PH 02
- DINNER LAKE PH 04
- DINNER LAKE PH 4
- DINNER LAKE SHORES PH 01
- DINNER LAKE SHORES PH 02
- DINNER LAKE SHORES PH 03
- DINNER LAKE SOUTH
- DRUID HILLS
- EAST LAKE PARK PH 01
- EAST LAKE PARK PH 03
- FAIRMONT SUB
- FRESCO PARK
- FRESCO PARK PB 33 PG 20
- GENESIS POINT CONDO
- GOLDENBOUGH T A YARNELL
- GOLF VIEW PARK
- GOLF VIEW PARK RESUB
- GRANADA CONDOMINIUMS
- GRANADA LAND CONDO
- GREENBRIAR PH 01
- GROVELAND TERRACE
- GROVELAND TERRACE SUB
- HARPER ESTATES
- HECKSCHER SECOND ADD
- HENDRY G W
- HENDRY G W SUB
- HENRY G W SUB
- HESPERIDES
- HIGHLAND ACRES
- HIGHLAND CREST PH 01
- HIGHLAND PARK
- HIGHLAND PARK MANOR PLAT #4
- HIGHLAND PARK SUB
- HIGHLAND POINTE PH 02
- HOWEY W J LAND STARR LAKE
- HUNT CLUB AT LAKE WALES PHASE 1
- HUNT CLUB AT LAKE WALES PHASE 1 PB 206 PGS 1-6 LOT
- HUNT CLUB GROVES 40S
- HUNT CLUB GROVES 50S
- HUNT CLUB/LK WALES PH 1
- INDIAN LAKE ESTATES
- KELLY SUB
- KISSIMMEE SHORES CONDO
- LA CASA
- LA CASA CONDO
- LAKE & HILLS COUNTRY ESTATES
- LAKE ASHTON GOLF CLUB PH 01
- LAKE ASHTON GOLF CLUB PH 02
- LAKE ASHTON GOLF CLUB PH 03-A
- LAKE ASHTON GOLF CLUB PH 03B
- LAKE ASHTON GOLF CLUB PH 04
- LAKE ASHTON GOLF CLUB PH 05
- LAKE ASHTON GOLF CLUB PH 06
- LAKE ASHTON GOLF CLUB PH 1
- LAKE ASHTON GOLF CLUB PH I
- LAKE ASHTON GOLF CLUB PH II
- LAKE ASHTON GOLF CLUB PH III-A
- LAKE ASHTON-PALMS OF ASHTON
- LAKE HAVEN ACRES
- LAKE HAVEN ESTATES
- LAKE HILLS ESTATES
- LAKE MABEL HEIGHTS
- LAKE PIERCE HEIGHTS
- LAKE PIERCE HEIGHTS RESUB PT & LAKE PIERCE HEIGHTS
- LAKE PIERCE RANCHETTES
- LAKE PIERCE RANCHETTES 05 ADD PH 01
- LAKE PIERCE RANCHETTES FIFTH ADD
- LAKE PIERCE RANCHETTES FOURTH ADD
- LAKE PIERCE RANCHETTES THIRD ADD
- LAKE PIERCE RETREATS
- LAKE PIERCE RETREATS PRCL 297-2
- LAKE ROSALIE OAKS
- LAKE WALES
- LAKE WALES ESTATES
- LAKE WALES ESTATES TR 19
- LAKE WALES ESTATES TR 490
- LAKE WALES HEIGHTS
- LAKE WALES HGHTS
- LAKE WALES HIGHLAND HEIGHTS RESUB PT
- LAKE WALES LAND CO RESUB
- LAKE WALES LAND CO SUB
- LAKE WALES TERRACE SUB
- LAKE WALES VILLAGE CONDO
- LAKE WALK IN WATER HEIGHTS
- LAKESHORE CLUB
- LAKESHORE NORTH CONDO
- LANDINGS AT LAKE EASY
- LEIGHTON LANDING
- LEIGHTON LNDG
- LEOMA’S LANDING 50’S
- LEOMA’S LANDING PH 1
- LINCOLN PARK ADD
- LK PIERCE RETREATS
- LONGLEAF CONDO 11
- LOWES/LK WALES
- MABEL PLACE
- MAMMONTH GROVE
- MAMMOTH GROVE
- MASON VILLA
- MC COLLUM ADD
- MONEYTREE RANCHETTES SUB
- MORNINGSIDE PARK
- MOUNTAIN LAKE
- MOUNTAIN LAKE UNREC
- NATURES EDGE RESIDENCE PH 1
- NATURES EDGE RESORT PH 01
- NORTH POINTE PH 01
- NORTH SHORE HILLS
- NORTHSHORE HLNDS
- NORTHSIDE DRIVE
- NORTHSIDE HEIGHTS
- NOT IN SUB
- NOT IN SUBDIVISION
- OAKWOOD GOLF CLUB PH 02
- ORANGE PARK
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 02
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 04
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 05A
- PALM ACRES
- PALM ACRES SUB
- PALM PARK TERRACE
- PINE RIDGE
- PINEHURST SUB
- PLAT/LK PIERCE RETREATS PCLS 2
- PLEASANT ACRES
- PLEASANT ACRES UN 1
- PLEASANT ACRES UN 4
- POINCIANA HEIGHTS
- RESERVE AT FOREST LAKE
- RESERVE AT FOREST LAKE – PHASE 1
- RESORT AT CANOPY OAKS
- REV SSOUTH LAKE WALES YATCH CLUB
- REVISED HESPERIDES SUB
- RHODESBILT NEW CENTER SUB
- RIDGE MANOR
- RIDGE MANOR 02 UN
- RIVER RANCH
- RIVER RANCH PROPETY OWNERS ASSOCIATION
- RIVER RANCH SHORES
- ROBINS RUN PHASE 1
- ROLLING HILLS
- ROOSEVELT MANOR
- ROSALIE
- SADDLEBAG
- SADDLEBAG LAKE
- SCENIC BLUFF PH 2
- SCENIC BLUFF PH TWO
- SEASONS AT ANNABELLE ESTATES
- SEASONS AT MABEL PLACE
- SOUTH LAKE WALES
- SOUTH LAKE WALES YACHT CLUB SEC 01 REV
- SOUTH SHORE OAKS REP
- SOUTH SHORE RESORT AN RV CONDO
- SOUTH STARR HILLS
- STARR LAKE DEV CO SUB
- STUART E C SUB
- SUNNY SIDE SUB
- SUNSET POINTE PH 02
- TAYLOR GROVES
- THOUSAND ROSES
- THULBERRYS FIRST ADD
- THULBERRYS SECOND SUB
- TIBADOS SUB
- TIGER CREEK
- TIGER CREEK FOREST
- TIGER CREEK FOREST ADD
- TIGER CREEK GROVES
- TIGER CREEK SUB
- TIGER CRK SUB
- TIGER LAKE SUB
- TIMBERLAKE SUB PHASE TWO PB 87 PG 14
- TIMBERLANE SUB
- TINDAL RANCHES
- TINDEL ESTATES
- TINDEL RANCHES
- TIOTI BEACH ESTATES
- TIOTIE BEACH ESTATES
- TIOTIE BEACH ESTATES UN #3
- TRACT 8 BEG 50 FT E OF INT OF OLD HWY & W LINE OF
- TWIN FOUNTAINS INC A CONDO MHP
- TWIN LAKE PARK RESUB
- TWIN LAKE PARK SUB
- UNINCORPORATED POLK COUNTY – NOT IN SUBDIVISION
- UNREC LAKE WALES ESTATES
- UNREC LK WALES ESTS
- UNRECORDED 61
- WALDEN WATERS 02
- WALDEN WATERS SUB
- WALK IN THE WATER ESTATES PHASE THREE
- WALK IN THE WATER VILLAGE UNIT 01
- WALK IN THE WATER VILLAGE UNIT 03
- WALK IN THE WATER VILLAGE UNIT THREE
- WALK IN WATER LAKE ESTATES PH 01
- WALK IN WATER LAKE ESTATES PH 02
- WALK IN WATER LAKE ESTATES PH 03
- WALK IN WATER LAKE ESTATES PH 05
- WALK IN WATER LAKE ESTS PH 3 UNIT 1
- WALK IN WATER VILLAGE
- WASHINGTON PARK
- WAVERLY
- WAVERLY MANOR
- WEST INDIAN LAKE HEIGHTS SUB
- WEST LAKE WALES
- WEST SIDE
- WEST SIDE SUB
- WHISPERING RDG PH 1
- WHISPERING RIDGE PH 01
- WHISPERING RIDGE PHASE 1
- WOODLAND PARK
- WOODLANDS
Market Summary
Current real estate data for Multi Family in LAKE WALES as of Apr 30, 2026
10
Multi Family Listed
244
Avg DOM
204
Avg $ / SqFt
$578,329
Avg List Price
Property Summary
- Located in the RIDGE MANOR subdivision, 315 RIDGE MANOR DRIVE LAKE WALES FL is a Multi Family for sale in LAKE WALES, FL, 33853. It is listed for $799,000 To schedule a showing of MLS#k4903360 at 315 RIDGE MANOR DRIVE in LAKE WALES, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
Courtesy of LEGACY REAL ESTATE CENTER INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 315 RIDGE MANOR DRIVE
LAKE WALES, FL