$397,000
1021 Cohassett Avenue Lake Wales, FL 33853
For Sale MLS# P4939125
8 beds 4 baths 2,188 sq ft Multi-family
Details for 1021 Cohassett Avenue
MLS# P4939125
Description for 1021 Cohassett Avenue, Lake Wales, FL, 33853
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.
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Bedrooms: 8
Bathrooms: 4
Lot Size: 0.53 Acres
Square Feet: 2,188 sq ft
Year Built: 1950
Construction: Stucco
Subdivision: Lake Wales Highland Heights Add
Foundation: Slab
County: Polk
Utilities
Water: See Remarks
Other Utilities: Electricity Connected,Water Connected,Sewer Not Available
Cooling: Wall/Window Unit(s)
Exterior / Lot Features
Roof: Shingle
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 850
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 850
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 850
Unit 3 Baths Total: 1
Unit 3 Beds Total: 2
Unit 4 Units Total: 1
Unit 4 Actual Rent: 1200
Unit 4 Baths Total: 1
Unit 4 Beds Total: 3
Driving 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.
Financial Considerations
Tenant Pays: Electricity,Water
Tax/Property ID: 27-30-12-921000-004080
Tax Amount: 2811
Tax Year: 2025
A broker reciprocity listing courtesy: KELLER WILLIAMS REALTY SMART 1
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1021 Cohassett Avenue
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1021 Cohassett Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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