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$310,000
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Property Description
Reduced price! Motivated seller! High-Yield Turnkey Triplex with 2024 Upgrades! Investors, seize this rare income-producing asset generating $3,000 in gross monthly revenue with an exceptionally low expense profile. Situated on a spacious 0.31-acre lot, this property offers the perfect blend of density and privacy across two solid brick residential buildings. Major 2024 Capital Upgrade: A Brand New Roof was installed across the property in 2024, providing years of worry-free ownership. Both primary buildings are equipped with Central AC to ensure maximum tenant comfort and retention. The Layout:425 E Sessoms Ave: A standalone 1-bedroom, 1-bathroom cottage (685 sq ft) featuring a private 90 sq ft finished screened porch and a classic fireplace. 427 E Sessoms Ave (Front): A private 1-bedroom, 1-bathroom suite with its own dedicated front entrance and porch. 427 E Sessoms Ave (Rear): A secluded private studio with a separate side/rear entrance for ultimate tenant privacy. Bonus Value: A detached large storage building at the rear includes an on-site laundry room, a high-demand amenity that adds significant utility. Built with common brick exterior walls, this property is designed for low-maintenance, long-term performance. With an annual gross income of $36,000 and minimal overhead, this "Cash Cow" is ready for Day 1 operations. Schedule your showing today!
Full Property Details
Full Property Details for 425 E Sessoms Ave
General
- Price: $310,000
- Taxes: $2,877 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: L4957271
- Updated: 6/30/2026
- Added to Site: 215 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s), Other
- Appliances: Range, Refrigerator
- Flooring: Laminate, Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Outbuilding, Other
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: LAKE WALES
- Driving Directions: Hwy 60 to 1st St. Turn north on 1st St, then right onto E Sessoms Ave. Property will be on your left.
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- # Buildings: 3
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,652
- Sq. Ft. Source: Public Records
- Year Built: 1937
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,464
- Lot Size: 13464
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $2,877.34
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
- Flood Zone Info: X
- APN: 273001883000018100
- Property ID: 273001883000018100
- Block/Lot/Section: 18
Listed by Bhhs Florida Properties Group
Get Pre-Approved Today
Schools
Schools serving 425 E Sessoms Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Spook Hill Elementary School 321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853 | PK-5 | 0.3 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 1.2 mi |
Bartow Senior High School 1270 South Broadway Avenue, Bartow, FL 33830 | 9-12 | 16 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 425 E Sessoms Ave
Date
Details
Price
Change
Source
6/30/2026
Price Reduced
$310,000
-1.59%
MLS
6/17/2026
Price Reduced
$315,000
-3.08%
MLS
5/26/2026
Price Reduced
$325,000
-1.49%
MLS
5/19/2026
Price Reduced
$329,900
-1.49%
MLS
5/12/2026
Price Reduced
$334,900
-1.47%
MLS
5/04/2026
Price Reduced
$339,900
-1.45%
MLS
4/21/2026
Price Reduced
$344,900
-1.43%
MLS
4/03/2026
Price Reduced
$349,900
-1.44%
MLS
3/03/2026
Price Reduced
$355,000
-1.39%
MLS
2/09/2026
Price Reduced
$360,000
-1.37%
MLS
1/19/2026
Price Reduced
$365,000
-1.35%
MLS
12/08/2025
Listed
$370,000
23.75%
MLS
9/11/2023
Sold
$299,000
—
Public Record
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
Tax History for 425 E Sessoms Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,781
3%
$145,091
4%
2023
$2,712
13%
$139,648
10%
2022
$2,390
16%
$127,116
19%
2021
$2,058
10%
$106,419
13%
2020
$1,869
-9%
$93,909
8%
2019
$2,063
8%
$86,565
3%
2017
$1,918
—
$84,153
7%
2017
$1,918
2%
$78,729
5%
2016
$1,882
26%
$74,863
8%
2015
$1,496
-5%
$69,113
—
2014
$1,581
—
$69,314
2%
2013
$1,582
—
$67,659
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 425 E Sessoms Ave
425 E Sessoms Avenue, Lake Wales, FL 33853 (MLS# L4957271) is a Duplex property with 2 bedrooms and 0 full bathrooms. 425 E Sessoms Avenue is currently listed for $310,000 and was received on December 08, 2025. Want to learn more about 425 E Sessoms Avenue? Do you have questions about finding other Duplex 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.

