8723 & 8724 N 48TH STREET at

8723 & 8724 N 48TH STREET

For sale Days on market 1

$599,000

$362/sq ft

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Overview

Bedroom

Year Built

1973

Sqft

1656

Property Type

Duplex

Property Description

INVESTOR ALERT – Exceptional Multi-Family Opportunity in Tampa Rare opportunity to acquire TWO BLOCK-Construction DUPLEXES comprising FOUR Total Units on TWO separate parcels in Tampa’s growing suburban market. Each duplex has its own tax parcel ID, offering flexibility for future individual resale, refinancing, or long-term portfolio optimization. Each unit features a 2-bedroom, 1-bath layout with a dedicated laundry room, fully fenced private yard, and two assigned parking spaces per unit—a highly desirable combination that supports long-term tenant retention.Tenants pay their own utilities, including water and trash, and each duplex is separately metered for water, keeping operating expenses efficient and predictable. Most units are currently leased, providing an immediate and stable income stream. The properties are well maintained, have experienced low vacancy, and are well positioned as workforce housing in a market with sustained rental demand. There is meaningful upside potential through interior updates and rent optimization, offering investors the opportunity to increase cash flow over time while benefiting from solid fundamentals today. Owner-occupant opportunity: A buyer could live in one unit and rent the remaining units, creating the potential to offset housing expenses while building long-term equity. Buyer to verify financing terms and rental income suitability. Not located in a flood zone. Please do not disturb tenants. Showings by appointment only. Additional information available upon request. Don’t miss this opportunity to acquire a strategically located, income-producing multi-family asset with built-in future flexibility in the Tampa market.

Property Details

MLS#

TB8523844

Address

8723 & 8724 48TH N

City

Tampa

State/county

Zip/Postal Code

33617

Area

Druid Hills Rev

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,642

Maint Fee

$--

Tax Year

2025

Electric Water Heater

Range

Refrigerator

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