Multi Family for sale - TAMPA, FL 33617

$2,200,000 • living size area 1576 sqft

Snapshot a true cash-flow engine in tampa’s growth corridor tucked into a quiet pocket of temple terrace—just two miles from the university of south florida and minutes to adventhealth, moffitt cancer center, busch gardens, and the i-75/i-275 junction—this listing offers investors the best of every multifamily buzzword: concrete-block durability, walk-to demand drivers, sub-replacement pricing, and an in-place yield that starts at 9 .6 percent and only goes up from there. eight solid-block duplexes spread across eight contiguous lots create sixteen stand-alone 1 bed / 1 bath cottages. each home enjoys private yard space, individual electric metering, mini-split hvac, and off-street parking—features renters covet yet almost never find at this price point. current leases average $1,280/month (no unit below $1,080) and throw off $210,060 noi, equating to $137,500 per door and an in-place 9.6 % cap on the $2.2 million ask. upside is refreshingly uncomplicated: lease two turn-ready cottages at market $1,300+, implement rubs to shift water/sewer to tenants, and watch cap rate break double digits without swinging a hammer. for those who like value-add, a light interior package—lvp flooring, shaker cabinets, stainless appliances—pairs readily with the concrete-block bones and lifts rents to $1,400+ while still keeping cost per unit under new-build figures. whether you’re chasing yield, seeking a 1031 or assembling scale in tampa’s coveted workforce-housing lane, this listing checks every box: location, durability, cash flow, and clear runway for rent growth—all at a basis you’ll be bragging about for years.

Multi Family - for Sale

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