16025 WALLACE STREET UMATILLA FL 32784 | MLS #V4951056

16025 WALLACE STREET
UMATILLA, FL, 32784
$499,000
Beds
0 Baths
3,512 SqFt
0.37 Acres
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MLS #V4951056 image #0
**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.**

Property Details

Price:
$499,000
MLS #:
V4951056
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
LYNWOOD
Neighborhood:
32784umatilladonavista
Listed Date:
Sep 3, 2026
Finished Sq Ft:
3,512
Lot Size:
15,902 sqft / 0.37 acres (approx)
Year Built:
1966
Primary Bedroom Main Floor32784 – Umatilla / Dona Vista32784umatilladonavistaLynwood

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Schools

Interior

Cooling
Central Air, Wall/Window Unit(s)
Heating
Central, Other
Interior Features
Primary Bedroom Main Floor, Solid Surface Counters
Laundry Features
Inside, Other

Exterior

Construction Materials
Block
Exterior Features
Private Yard
Roof
Membrane, Shingle

Financial

Tax Year
2025
Taxes
$5,584

Map

Community

Market Summary

Current real estate data for Multi Family in UMATILLA as of Sep 06, 2026
3
Multi Family Listed
77
Avg DOM
173
Avg $ / SqFt
$921,333
Avg List Price

Property Summary

    Located in the LYNWOOD subdivision, 16025 WALLACE STREET UMATILLA FL is a Multi Family for sale in UMATILLA, FL, 32784. It is listed for $499,000 To schedule a showing of MLS#v4951056 at 16025 WALLACE STREET in UMATILLA, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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16025 WALLACE STREET
UMATILLA, FL