Polk County Duplex

Polk County Duplex

4 bed 4 bath 1788 sq ft Built in 1974 Multi-family
Login or register to unlock this property’s address.
67
Occupancy Status
Low High
10 /20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
12/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Solid concrete block duplex located in Indian Lake Estates featuring two mirror-image 2-bedroom, 2-bathroom units. Each unit has its own central HVAC system, approximately 1–3 years old. The property is connected to public water and a septic system that has been periodically serviced. Each unit has separate electric metering, with one combined water meter. Both units are currently vacant and ready for repairs and renovations.

Market rents in the area are approximately $1,500–$1,800 per unit, with potential for higher rents depending on the quality of renovations and finishes. The surrounding neighborhood has several other multifamily properties, creating an established rental market and tenant pool. The property presents a value-add opportunity for an investor looking to renovate, maximize rents, and stabilize the duplex as a long-term rental.

Ask about this property
Log in/Register to ask about this property.

We recommend rent
Rental Income
$3,000 mo. / $36,000 yr.
Estimated Taxes
$2,299 / yr.
Maintenance
$500 / yr.
HOA Dues
$397 / yr.
$27,804
Projected Income
11.60%
Estimated APY
$5,900
Projected Income
1.94%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

Unlock this property’s comps.