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$397,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.53 Acres
  • Updated 1 day ago
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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.

Full Property Details for 1021 Cohassett Ave

General

  • Price: $397,000
  • Taxes: $2,811 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: P4939125
  • Updated: 6/22/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Ninguno

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Exterior

  • Exterior Features: None

Location

  • Area: 33853 - Lake Wales South
  • County: Polk
  • Development Name: 33853 - Lake Wales South
  • Subdivision: LAKE WALES HIGHLAND HEIGHTS ADD
  • 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.

Community

  • Community Name: 33853 - Lake Wales South

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: None

Utilities

  • Sewer: None
  • Water: See Remarks
  • Utility Description: Electricity Connected, Water Connected

Structural Information

  • # Buildings: 2
  • Exterior Const.: Stucco
  • Roof: Shingle
  • Square Feet: 2,188
  • Sq. Ft. Source: Public Records
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.53
  • Lot Size (Sq. Ft.): 23,021
  • Lot Size: 23021
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $2,811
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LAKE WALES HIGHLAND HEIGHTS ADDITION PB 10 PGS 41A AND 41B BLK D LOT 8
  • Flood Zone Info: X
  • APN: 273012921000004080
  • Property ID: 273012921000004080
  • Block/Lot/Section: D

Listed by Keller Williams Realty Smart 1

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Listing agent

— 1021 Cohassett Ave —

  • Keller Williams Realty Smart 1

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1021 Cohassett Ave

School District:Polk County School District
NameGradesDistance
Spook Hill Elementary School
321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853
PK-51.5 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-81 mi
Bartow Senior High School
1270 South Broadway Avenue, Bartow, FL 33830
9-1216.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1021 Cohassett Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/22/2026
Listed
$397,000
297%
MLS
10/02/2006
Sold
$100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1021 Cohassett Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,208
80%
$109,556
-2%
2024
$1,225
-13%
$111,699
-7%
2023
$1,407
-37%
$119,947
19%
2021
$2,217
86%
$100,537
-8%
2022
$1,189
-46%
$109,541
32%
2021
$2,217
3%
$82,841
-7%
2017
$2,149
—
$88,884
3%
2017
$2,149
1%
$86,505
4%
2016
$2,132
26%
$83,347
6%
2015
$1,696
-22%
$78,341
-11%
2019
$2,170
24%
$88,400
16%
2014
$1,745
6%
$76,516
8%
2013
$1,649
—
$70,543
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Realty Smart 1

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1021 Cohassett Avenue, Lake Wales, FL 33853 (MLS# P4939125) is a Multi-Family property with units containing 7 bedrooms and 0 full bathrooms. 1021 Cohassett Avenue is currently listed for $397,000 and was received on June 22, 2026. Want to learn more about 1021 Cohassett Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lake Wales? You can browse all Lake Wales real estate or contact a Coldwell Banker agent to request more information.

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