Turnkey Updated Duplex with long term tenants in place. Kitchens have been updated with granite counters and newer appliances in 2021. Flooring is LVP also updated in 2024 on the right side. Left side had a new AC installed in 2021. Each unit is spacious and features a rare 2 bedroom and 2 bathroom layout. The oversized back patio is covered and enclosed with full size washer & dryer connections in the closet. Roofs are 2013 updated and the water heater on the right side was replaced in 2021! No water bill for the tenant because this location is on Well & Septic - The septic was also updated about 5 years ago. These have private backyards and covered front porches. Good location - No HOA - easy to rent. Current rent at $1295/m & $1300/m. Other similar duplexes rent up to $1500/m.
Fantastic Opportunity with 2 bedroom / 2 bath Duplex units that could each become 3 bedroom units that rent at $730/m now and could bring a higher rent up to $1000/m with improvements. ADDITIONAL DUPLEX BEHIND THIS ONE AVAILABLE FOR SALE. Rents are consistent with long term tenants in place. There is a 2nd Duplex on the adjacent property also for sale. WELL & SEPTIC systems in place for even lower monthly costs for tenants, all in great working order. The units passed a 4 point inspection in 2019 and carry low insurance costs with liability. New Electric panel on 3620 in 2019. New roof on both units in 2018. Current cap rate at 9% with potential to improve to 12% if improvements are made. Tenant pays electric. No HOA , No Deed Restrictions.
Stellar MLS as Distributed by MLS Grid #T3203156
Nov 18, 2019
Sold
$150,000
$72/sq ft
Oct 10, 2019
Pending
—
Oct 7, 2019
Listed
$149,900
$72/sq ft
Investment Duplex Opportunity with 2 units - 2 bedroom/1 bath units + Sister Duplex available on adjacent lot for a total of 4 units possible. Turn key rentals with long term tenants at $700/m each with potential to increase. Roof & septic replaced last year. Water is on well for no water bill for tenants. Owner also own vacant 1/2 acre adjacent lot for potential of additional units. No HOA, easy to maintain and well maintained for last 4 years. Owner has other investments out of state to focus on and needs to sell these. Good condition
Public Records
Apr 28, 2015
Sold
$190,000
$91/sq ft
Stellar MLS as Distributed by MLS Grid #L4647777
Apr 23, 2015
Sold
$85,000
$41/sq ft
Mar 5, 2015
Pending
—
Jun 14, 2014
Relisted
—
Jun 10, 2014
Listing Removed
—
Mar 22, 2014
Listed
$96,000
$46/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,024 (+21.2%)
2024
$3,319 (+20.6%)
2023
$2,752 (+6.9%)
2022
$2,576 (+2.3%)
$12,000 + $138,247
$150,247
2021
$2,517 (+15.4%)
$10,000 + $129,038
$139,038
2020
$2,181 (+29.6%)
$10,000 + $117,789
$127,789
2019
$1,682 (+2.5%)
$15,000 + $90,166
$105,166
2018
$1,642 (+2.5%)
$15,000 + $54,848
$69,848
2017
$1,601 (+6.0%)
$15,000 + $51,306
$66,306
2016
$1,510 (+9.6%)
$15,000 + $51,306
$66,306
2014
$1,378 (−0.9%)
$15,000 + $42,073
$57,073
2013
$1,391 (+68.1%)
2012
$828
Tax history for 3620 Willow Oak Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,024 (+21.2%)
2024
$3,319 (+20.6%)
2023
$2,752 (+6.9%)
2022
$2,576 (+2.3%)
$12,000 + $138,247
$150,247
2021
$2,517 (+15.4%)
$10,000 + $129,038
$139,038
2020
$2,181 (+29.6%)
$10,000 + $117,789
$127,789
2019
$1,682 (+2.5%)
$15,000 + $90,166
$105,166
2018
$1,642 (+2.5%)
$15,000 + $54,848
$69,848
2017
$1,601 (+6.0%)
$15,000 + $51,306
$66,306
2016
$1,510 (+9.6%)
$15,000 + $51,306
$66,306
2014
$1,378 (−0.9%)
$15,000 + $42,073
$57,073
2013
$1,391 (+68.1%)
2012
$828
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
10,851 Sq. Ft.
Year renovated
1995
Sq. Ft.
2,088
Year built
1988
Style
Multi-Family (2-4 Unit)
County
Polk County
APN
232932000000011240
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 11, 2026.
RS
Residential Suburban District
The purpose of the RS district is to provide areas for suburban-density residential development to promote the proper transition of land from rural to urban uses. The RS district permits single-family dwelling units, family care homes, agricultural support uses, and community facilities.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Infrastructure
May 30, 2019 • Final
Re-roof
Tear off the existing roofing material and install a new roof.
Roofing
Jan 31, 2019 • Final
Re-roof
Tear off and replace shingles on a two-family residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 4
Laundry Room Information
Laundry Features: Laundry Closet
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Kitchen/Family Room Combo, Open Floorplan
Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2025. This data may not match public records. Learn more.
Listing provided courtesy of: HOME RENTAL FLORIDA
Listing agent: Amire Pedraza
Based on information submitted to the MLS GRID as of Thu Oct 08 2026. All data is obtained from various sources and may not have been verified by 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.