16025 Wallace St, photo 1
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Overview

7 bd3 ba3,512 sqftTriplex
TypeTriplex
HOANone listed
Built1966
Lot15,902 sqft
Living area3,512 sqft
Price / sqft$142

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Primary Bedroom Main FloorSolid Surface CountersPrivate Yard

16025 Wallace St is a 1966-built home in Lynwood, Umatilla. Inside you'll find 7 bedrooms, 3 bathrooms, and 3,512 square feet of living space. Listed at $499,000 (about $142/sqft), 40 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

**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.**

The essentials

Built
1966
Price / sqft
$142
On market
40 days
Annual tax
$5,584
Flood zone
X · Low risk
Lot
15,902 sqft
Type
Triplex

At a glance

Single family
Built 1966
0.37 acres
Lot size
3,512 sqft
Living area

Payment

Est. monthly payment
$3,317/mo
Down payment (20%)
$99,800
Property taxes
$465/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Triplex
Year Built
1966
Lot
15,902 sqft
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central, Other
Parking
-
Days on Market
40
Primary Bedroom Main Floor
Solid Surface Counters
Private Yard
Flood Zone X
Annual Tax (2025)
$5,584
Parcel #
26-18-26-0500-001-01000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Lynwood
County
Lake
MLS Area
32784 - Umatilla / Dona Vista
Lot Size
15,902 sqft

Price history

Date
Event
Price
9/1/2026
Listed for sale
Source: Stellar MLS #V4951056
$499,000
$142/sqft

Neighborhood

16025 Wallace St
Umatilla, FL, 32784 · 32784 - Umatilla / Dona Vista

Market insights

Offer Insights

Choose an offer strength

List price: $499,000
$490,000 – $499,000
98% – 100% of listTops out right at the list price
80% of listList price
44 of the last 87 home closings in 32784 landed at this number or higher (51%). The median one sat 52 days before it went under contract, and this one is on day 40.

Sample: 87 closed home sales in 32784 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,317/mo
Principal & interest$2,602
Property taxes$465
Insurance$250
Down payment20% · $99,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$499,000

$142 per sq ft

Beds and baths

7 beds, 3 baths

Size

3,512 sq ft

Time on market

40 days

Year built

1966

Monthly payment

About $3,317/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,584 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byLA ROSA REALTY CW PROPERTIES LListing agent: Ricardo AdamesListing data from Stellar MLS, MLS# V4951056.

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