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$489,000

3818 Red Oak Ct

Lake Wales, FL
Active
4
Bedrooms
3.0
Bathrooms
2,806
Square Feet
0.52
Lot Size (acres)
1994
Year Built
118
Days On Market

Excellent investment opportunity in the growing Lake Wales market! This duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. 3818 will remain tenant-occupied until Oct. 2027 and 3820 will be occupied until Oct. 2026. Each side of this well-maintained duplex features 2 bedrooms, 1.5 bathrooms, and approximately 1,080 square feet of living space, providing spacious and comfortable accommodations for tenants. With a total of 2,160 square feet, the property offers strong rental appeal and consistent income potential. Skip the hassle and expense of finding tenants—both units are already occupied and generating income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex presents a rare opportunity to acquire a stabilized asset in a desirable Central Florida location. Don't miss your chance to own a cash-flowing duplex with built-in income and long-term investment potential.

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Listing Information

Listing Updated
3 days ago
Listed By
Jason Hamilton, 3219477653 · THE REALTY MEDICS, 3219477653
MLS#
O6414909
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
3818 Red Oak Ct, Lake Wales, FL 33898
City
Lake Wales
County
Polk
Neighborhood
COUNTRY OAKS ESTATES
Zip Code
33898

Architecture

Bedrooms
4
Bathrooms
3.0
Stories
2
Year Built
1994
Construction Materials
Concrete
Building Area
2,806 sq. ft.
Foundation
Slab
Roof
Shingle
Levels
Two
Garage
Yes
Garage Spaces
2
Parking Features
Attached

Features & Amenities

Appliances
Dishwasher, Refrigerator, Convection Oven, Range Hood
Flooring
Laminate
Exterior Features
Lighting, Private Entrance
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.52 Acres
Water
Public
Sewer
Septic Tank
Utilities
Cable Available, Natural Gas Available, Cable Connected, Natural Gas Connected, Water Connected

Square Footage

Total
2,160 sq. ft.

Tax & Financial Information

List Price
$489,000
Annual Taxes
$4,052

Schools

52/100
McLaughlin Academy Of Excellence
7th & Above · Grades 06–11 · 4.3 mi
Assigned school for this home
City
Lake Wales
Students
666
Student body
44% Hispanic / Latino · 27% White · 26% Black
Free/reduced lunch
76%
Phone
(863) 678-4233
75/100
Lake Wales Senior High School
High · Grades 09–12 · 3.5 mi
Assigned school for this home
City
Lake Wales
Students
1,571
Parent reviews
5.0★ avg · 4 reviews
Student body
46% White · 29% Hispanic / Latino · 21% Black
Free/reduced lunch
63%
Phone
(863) 678-4222
76/100
Hillcrest Elementary School
Elementary · Grades PK–05 · 3.2 mi
City
Lake Wales
Students
685
Parent reviews
5.0★ avg · 2 reviews
Student body
49% White · 25% Hispanic / Latino · 20% Black
Free/reduced lunch
55%
Phone
(863) 678-4216
60/100
Janie Howard Wilson School
Elementary · Grades PK–05 · 4.5 mi
City
Lake Wales
Students
430
Parent reviews
3.0★ avg · 4 reviews
Student body
42% Hispanic / Latino · 36% Black · 18% White
Free/reduced lunch
74%
Phone
(863) 678-4211
57/100
Spook Hill Elementary School
Elementary · Grades PK–05 · 3.8 mi
City
Lake Wales
Students
584
Parent reviews
3.0★ avg · 2 reviews
Student body
36% White · 33% Hispanic / Latino · 27% Black
Free/reduced lunch
67%
Phone
(863) 678-4262
54/100
Polk Avenue Elementary School
Elementary · Grades PK–05 · 4.3 mi
City
Lake Wales
Students
522
Student body
42% Hispanic / Latino · 31% White · 24% Black
Free/reduced lunch
77%
Phone
(863) 678-4244
54/100
Roosevelt Academy
High · Grades 06–12 · 4.6 mi
City
Lake Wales
Students
277
Student body
47% Hispanic / Latino · 38% White · 14% Black
Free/reduced lunch
74%
Phone
(863) 678-4252
53/100
Edward W Bok Academy North
Middle · Grades 06–08 · 3.9 mi
City
Lake Wales
Students
615
Student body
49% White · 28% Hispanic / Latino · 18% Black
Free/reduced lunch
65%
Phone
(863) 638-1010

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/18/2026Price change$489,000
06/08/2026Listed for sale$489,900

Listed by Jason Hamilton · THE REALTY MEDICS · 3219477653

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 30, 2026 at 7:35 PM | Source: Stellar MLS | MLS#: O6414909

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