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$499,000
12 Days On Site

16025 WALLACE STREET
UMATILLA, FL 32784

For Sale|Triplex|Active
7
Beds
3
Total Baths
3,512
SqFt
$142
/SqFt
1966
Built
Subdivision:
LYNWOOD
County:
Lake
Call Now: 321-804-3112
Is this the listing for you? We can help make it yours.
321-804-3112
16025 WALLACE STREET16025 WALLACE STREET16025 WALLACE STREET16025 WALLACE STREET
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Mortgage Calculator

Monthly Payment (Est.)

$2,277
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

**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 Snapshot
Price 
$499,000
Days On Site 
12 Days
Bedrooms 
7
Inside Area (SqFt) 
3,512 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.37 Acres
Year Built 
1966
MLS® Number 
V4951056
Status 
Active
Property Tax 
$5,583.98
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.37
Foundation 
Slab
Property Sub Type 
Triplex
Sewer 
Septic Tank
Utilities 
Electricity Connected
Water Source 
PrivateWell
Zoning 
R-6
Interior Features
Cooling 
Central AirWall/Window Unit(s)
Heating 
CentralOther
Laundry Features 
InsideOther
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Exterior Features
Construction Details 
Block
Exterior 
Private Yard
Roof 
MembraneShingle
Community Features
MLS Area 
32784 - Umatilla / Dona Vista
Township 
18S
Financing Terms Available 
CashConventionalFHAVA Loan
Roads 
Dirt
Listing courtesy of LA ROSA REALTY CW PROPERTIES L (407) 279-0018



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-09-15 08:41 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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