- Overview
- Description
- Property Details
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- Facts & Features
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$475,000
Monthly Est:$2,364
7 Beds
3 Baths
3,512sqft
16025 Wallace St, Umatilla, FL 32784
$475,000
$2,364/moEst:
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Triplex
Built in 1966
$-- HOA
15,902 sqft lot
$135/sq.ft
Description
**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.**
- Houzeo last checked: 11 minutes ago
- Listing updated: November 2, 2026 at 10:40 pm
- Listing Provided by: Ricardo Adames (407) 279-0018 | LA ROSA REALTY CW PROPERTIES L (407) 910-2168
- Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: V4951056
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1966
HOA Fees
-
Finished Area
3,512 sqft
Lot Size
15,902 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
V4951056
MLS Status
Active
Days on Market
64
Cumulative Days on Market
60
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Interior
Heating
Central, Other
Exterior Features
Private Yard
Cooling
Central Air, Wall/window Unit(s)
Sewer
Septic Tank
Interior Features
Primary Bedroom Main Floor, Solid Surface Counters
Construction
Year Built
Year Built: 1966
Home type
Triplex
Construction Materials
Block
Roof
Membrane, Shingle
Foundation Details
Slab
Utilities & Energy
Water Source
Well
Laundry Features
Inside, Other
Utilities
Electricity Connected
Other Features
Subdivision Name
Lynwood
Price History
| Date | Event | Price |
|---|---|---|
09/03/2026 Source: | Listed for Sale | $499,000 +5.05% $142/sqft |
09/03/2026 Source: | Price Increased | $475,000 +18900.00% $135/sqft |
07/16/2022 Source: | Price Decreased | $2,500 -98.64% $1/sqft |
05/10/2022 Source: | Sold | $184,000 -31.09% $52/sqft |
04/28/2022 Source: | Listing Removed | $267,000 +256.00% $76/sqft |
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Based on information from Stellar MLS® through Nov 07, 2026, 10:45AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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