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$499,000

16025 Wallace St

Umatilla, FL
Active
7
Bedrooms
0.37
Lot Size (acres)
1966
Year Built
31
Days On Market

**TRIPLEX | $60,000+ POTENTIAL ANNUAL INCOME | HOUSE-HACKING OPPORTUNITY** Great investment opportunity in Umatilla! This versatile **triplex** offers the potential for **over $60,000 in annual gross rental income**, while also providing an excellent opportunity for an owner-occupant to house hack. The property features **three separate units**, creating multiple income streams under one roof. The **1-bedroom unit can be delivered vacant**, allowing the new owner to move in and live on-site while renting the other two units to help offset their mortgage and expenses. For investors, the property offers the potential to generate **$60,000+ in gross annual rental income**. For owner-occupants, the ability to occupy the 1-bedroom unit while collecting rent from the other units creates an attractive path toward significantly reducing the cost of homeownership. Located in Umatilla, this property offers a convenient residential setting with easy access to local shopping, dining, schools, parks, and surrounding Lake County communities. **Three units. Multiple income streams. $60,000+ potential gross income. And the flexibility to house hack.** Whether you're looking to expand your rental portfolio or live in one unit while the property helps pay for itself, **16025 Wallace St is an opportunity you won't want to miss.**

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Listing Information

Listing Updated
25 days ago
Listed By
Ricardo Adames, 4072790018 · LA ROSA REALTY CW PROPERTIES L, 4079102168
MLS#
V4951056
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
16025 Wallace St, Umatilla, FL 32784
City
Umatilla
County
Lake
Neighborhood
LYNWOOD
Zip Code
32784

Architecture

Bedrooms
7
Year Built
1966
Construction Materials
Block
Foundation
Slab
Roof
Shingle, Membrane
Garage Spaces
0

Features & Amenities

Exterior Features
Private Yard
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central, Other

Property Features

Lot Size
0.37 Acres
Water
Private, Well
Sewer
Septic Tank
Utilities
Electricity Connected

Square Footage

Total
3,512 sq. ft.

Tax & Financial Information

List Price
$499,000
Annual Taxes
$5,583

Schools

76/100
Alee Academy Charter School
High · Grades 09–12 · 1.8 mi
City
Eustis
Students
177
Parent reviews
5.0★ avg · 2 reviews
Student body
41% White · 29% Black · 22% Hispanic / Latino
Free/reduced lunch
57%
Phone
(352) 357-9426
76/100
Lake Academy Eustis
Grades M–M · 4.1 mi
City
Eustis
Students
41
Student–teacher
6.8
Student body
51% White · 34% Black · 7% Hispanic / Latino
Free/reduced lunch
68%
Phone
(352) 483-1652
73/100
Umatilla Middle School
Middle · Grades 06–08 · 3 mi
City
Umatilla
Students
610
Parent reviews
5.0★ avg · 4 reviews
Student body
74% White · 15% Hispanic / Latino · 7% Two or More Races
Free/reduced lunch
49%
Phone
(352) 669-3171
71/100
Lake Technical College
High · Grades 09–12 · 4.2 mi
City
Eustis
Parent reviews
5.0★ avg · 2 reviews
Phone
(352) 589-2250
61/100
Eustis High School
High · Grades 09–12 · 3.4 mi
City
Eustis
Students
1,258
Parent reviews
3.5★ avg · 4 reviews
Student body
59% White · 18% Black · 18% Hispanic / Latino
Free/reduced lunch
52%
Phone
(352) 357-7449
55/100
Eustis Elementary School
Elementary · Grades PK–05 · 3 mi
City
Eustis
Students
514
Student body
49% White · 25% Black · 21% Hispanic / Latino
Free/reduced lunch
73%
Phone
(352) 357-2779
55/100
Eustis Middle School
Middle · Grades 06–08 · 3.6 mi
City
Eustis
Students
920
Student body
54% White · 22% Hispanic / Latino · 19% Black
Free/reduced lunch
66%
Phone
(352) 357-3366
54/100
Lake Virtual Franchise
7th & Above · Grades KG–12 · 4 mi
City
Eustis
Students
92
Student body
84% White · 9% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
15%
Phone
(352) 253-6550

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
09/03/2026Listed for sale$499,000

Listed by Ricardo Adames · LA ROSA REALTY CW PROPERTIES L · 4079102168

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 8, 2026 at 9:12 PM | Source: Stellar MLS | MLS#: V4951056

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