16025 WALLACE STREET, Umatilla, FL 32784
Property image
Property image
FOR SALE
3D VIEW
0.37 ACRES

$499,000

  • 7 Beds
  • 3 Baths
  • 3,512 sqft (on 0.37 acres)

16025 WALLACE STREET, Umatilla, FL 32784

Est. Mortgage $3,412/mo*
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We estimate this home will sell faster than 85% nearby.

Home Highlights

Multi-Family
Built in 1966
0.37 acre lot
$142/sqft

Local Information

  • Map ViewExplore the area around 16025 WALLACE STREET.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

**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.**
Last check for updates: about 1 hour ago
Listing Provided by: Ricardo Adames, (407) 279-0018
LA ROSA REALTY CW PROPERTIES L, (407) 910-2168
Originating MLS: Osceola
Source: Stellar MLS, MLS#V4951056
Also Listed on 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. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
We estimate this home will sell faster than 85% nearby.

Home Details for 16025 WALLACE STREET

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 3
Dimensions and Layout
Living Area: 3512 Square Feet
Appliances & Utilities
Utilities: Electricity ConnectedLaundry: Inside,Other
Heating & Cooling
Heating: Central,OtherHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
View
No View

Exterior Features

Exterior Home Features
Roof: Membrane ShingleExterior: Private YardFoundation: SlabNo Private Pool
Parking & Garage
No CarportNo Garage
Frontage
Road Surface Type: DirtNot on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Cumulative Days on Market: 5Days on Market: 21

Property Information

Year Built
Year Built: 1966
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family
Building
Construction Materials: BlockNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 261826050000101000

Price & Status

Price
List Price: $499,000Price Per Sqft: $142

Active Status

MLS Status: Active

Location

Direction & Address
City: UMATILLACommunity: LYNWOOD

Agent Information

Listing Agent
Listing ID: V4951056

Community

Not Senior Community

HOA

Association for this Listing: OsceolaNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.37 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: V4951056Showing Requirements: ShowingTimeUniversal Property Id: US-12069-N-261826050000101000-R-N

What Locals Say about Umatilla

At least 31 Trulia users voted on each feature.
  • 93 % Say yards are well-kept

  • 84 % Say parking is easy

  • 83 % Say car is needed

  • 78 % Say there's holiday spirit

  • 72 % Say there's wildlife

  • 71 % Say it's quiet

  • 61 % Say it's dog friendly

  • 59 % Say kids play outside

  • 55 % Say neighbors are friendly

  • 52 % Say they plan to stay for at least 5 years

  • 46 % Say people would walk alone at night

  • 45 % Say there are sidewalks

  • 37 % Say streets are well-lit

  • 31 % Say it's walkable to restaurants

  • 26 % Say there are community events

  • 19 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Sarah Brantner
    "Everyone in the community is so respectful and polite. It’s very beautiful place to live. People make you feel very welcome."
  • Ariel G.
    "Bus stops are on the main road. It’s very quiet and peaceful. But some of the drivers are slow or just don’t know how to drive- then again that’s Florida. Hah!"
  • Wingedwolf007
    "Neighbors are friendly and tend to watch out for one another - we are able to join a neighborhood web site for many things - lost stolen activity that is suspicious etc - very safe "
  • Aubrey W.
    "There are a ton of stray cats running around to taunt your dog. I’m serous. I’ve counted over 20 stray cats one block alone. "
  • Diane L.
    "Don’t know yet. Just moved here recently. I will find out something as time goes on.small town. Lots of churches."
  • Amber
    "Ive lived in the same house since I was five. and both my kids are growing up in the same house. umatilla is a wonderful place to live! "
  • Nicolestoner1979
    "idk maybe that there is alot of sexual predictors in the area it's a small town people are friendly not many youth or town events"
  • Riverarodney45
    "safe community, good schools area for outdoor recreation and always safe streets. Knowing that medical facilities anf convenience od doctors. parents do not much traffic close to homes that makes safe for their children. "
  • Shaelyn70
    "Private access neighborhood with spring fed lake and community beach. Streets lined with mature oaks, friendly neighborhood, family oriented. Neighbors look out for each other, HOA is optional but neighbor hood is kept up mostly by resident volunteers."
  • Adelaideso150
    "no public transportation. very country living. alltho right on a main highway.very quiet until bike week. Then it gets loud. The noise just gets tuned out."
  • Adelaideso150
    "It is about 15 miles to the shopping ,so I ride with a friend or family. I don't take public transportation."
  • Sairymar q.
    "Small trending beautiful town . Quiet , friendly, not too busy, great neighborhood... nice park, close to Ocala forest, springs, parks, n more "

Market trends in Umatilla

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
74
8
MoM

Home Value

Trulia Estimate
$477K
Since last month
Increased$201K (+73.2%)
Since last year
Increased$240K (+101.8%)
Since last sale
Increased$292K (+158.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +110% in the last 10 years
MonthEstimated value
2026
September 2026$476K
August 2026$275K
July 2026$270K
June 2026$281K
May 2026$274K
April 2026$266K
March 2026$255K
February 2026$272K
January 2026$253K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.24
Multi-Family Home
$175,000
02/12/26
4
4
4,192
2.91
Multi-Family Home
$360,000
03/12/26
7
7
3,729
3.06
Multi-Family Home
$473,000
07/31/26
6
4
2,634
2.99
Multi-Family Home
$380,000
03/13/26
6
4
2,190
3.00
Multi-Family Home
$380,000
03/12/26
6
2
2,216
3.07
Multi-Family Home
$245,000
07/08/26
4
2
1,500
3.60
Multi-Family Home
$395,000
09/08/26
4
6
2,224
3.51
Multi-Family Home
$310,000
11/06/25
1
1
2,912
5.99
Multi-Family Home
$465,000
01/28/26
6
5
2,676

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$323,600
3
2
1,451
Off Market
0.04
$256,000
3
1
1,283
Off Market
0.03
$218,100
3
1.5
1,092
Off Market
0.08
$208,900
2
1
1,000
Off Market
0.08
$275,000
3
2
1,392
Recently Sold
0.06
-
-
-
-
Off Market
0.10
$40,000
2
1
680
Off Market
0.08
$212,700
2
1
805
Off Market
0.13
$179,900
2
2
1,054
Recently Sold
0.13
$192,600
3
1
1,104
Off Market
0.13
$220,200
3
2
1,272
Off Market

Price and Tax history

DateEventPrice
Sep 3, 2026
Source: Stellar MLS #V4951056
Listed For Sale
$499,000
Jul 15, 2022
Source: Zillow Rental Manager
ListingRemoved
Jul 1, 2022
Source: Zillow Rental Manager
Listed For Rent
$2,500
Jun 7, 2022
Source: N/A
Sold
$184,000
May 16, 2022
Source: Stellar MLS #G5054790
Pending
$184,000

LGBTQ Local Legal Protections

Ricardo Adames, LA ROSA REALTY CW PROPERTIES L, (407) 910-2168
Agent Phone: (407) 279-0018

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Frequently asked questions about 16025 WALLACE STREET

  • What is the estimated monthly payment for 16025 WALLACE STREET?
    Based on a $499,000 list price with 20% down at today's rates, the estimated monthly payment for 16025 WALLACE STREET in Umatilla, FL is approximately $3,513 (about $2,781 principal & interest, $657 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Umatilla?
    Residents describe Umatilla, FL as well-kept, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Umatilla, FL.
  • What are the closest schools to 16025 WALLACE STREET?
    The closest schools to 16025 WALLACE STREET in Umatilla, FL are Umatilla Elementary School (Pre-K, rated 6/10), Umatilla High School (rated 3/10), Umatilla Middle School (rated 5/10).
  • What is 16025 WALLACE STREET estimated to be worth?
    Trulia's estimated value for 16025 WALLACE STREET in Umatilla, FL is $476,900.
  • Does 16025 WALLACE STREET have air conditioning?
    Yes, 16025 WALLACE STREET in Umatilla, FL has air conditioning.
  • Does 16025 WALLACE STREET have laundry facilities?
    Yes, 16025 WALLACE STREET in Umatilla, FL has laundry facilities.
16025 WALLACE STREET, Umatilla, FL 32784 is a 7 bedroom, 3 bathroom, 3,512 sqft multi-family built in 1966. This property is currently available for sale and was listed by Stellar MLS on Sep 3, 2026. The MLS # for this home is MLS# V4951056.