301 W WOODLAWN AVE, TAMPA, FL, 33603
$499,000
Residential Income
|
Living Area
2,116 Sqft
|
Lot Size
5,015 Sqft
|
Incredible Investment Opportunity: Duplex in Riverside Heights, Tampa, FL
Welcome to 301 W Woodland Ave, an exceptional duplex located in the highly desirable Riverside Heights neighborhood. This rare opportunity is perfect for anyone looking to live in one unit and rent the other to supplement their mortgage, or a smart investor looking for a cash flowing property in a desirable area.
The property is ideally situated within walking distance to Robles Park, Plymouth Park, the Hillsborough River, and a wide variety of local breweries and restaurants along the Tampa Street corridor. Less than a mile away, you'll find the trendy Armature Works and the growing Riverfront District, offering even more dining, shopping, and entertainment options. Plus, downtown Tampa is just a short 2-mile drive away, making this location perfect for those who want to enjoy the best of both suburban and urban living.
Each unit of this duplex offers 2 bedrooms, 1 bathroom, and 1,058 square feet of living space, providing plenty of room for tenants or owners. The building is 2,116 sq ft total, and each side comes with its own covered carport and additional outdoor storage unit for convenience. Both units are equipped with washer/dryer hookups, making it easy for tenants to do laundry at home.
Unit 301 is currently vacant, while Unit 305 is leased at $1,730 per month, offering immediate rental income for the new owner. This creates a perfect scenario for someone looking to live in one unit and rent the other.
Recent upgrades to the property add to its value. A brand-new shingle roof was installed in 2024, and both units have newer HVAC systems that were replaced in 2018. The property also has fresh blown-in insulation and the sewer drain lines were replaced in 2022, ensuring long-term durability and low maintenance for the future owner. Each unit has its own separate electric meter, and the property is covered under a preventive termite pest control plan with a transferable warranty.
Best of all, the property is not located in a flood zone, offering peace of mind for both investors and future tenants.
Whether you’re looking for a solid investment opportunity or a home with supplemental income potential, 301 W Woodland Ave offers everything you need in one of Tampa’s most vibrant neighborhoods. Don’t miss out on this incredible opportunity - Schedule a tour today!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4642561 | Year Built: | 1923 | |
| Appliances: | Range, Refrigerator | Construction Materials: | Asbestos | |
| Cooling: | Central Air | Country: | US | |
| Disclosures: | Flood Disclosure, Lead Paint, Seller Property Disclosure | Exterior Features: | Awning(s), Courtyard, Hurricane Shutters, Lighting, Private Mailbox, Sidewalk | |
| Financial Data Source: | Owner | Foundation Details: | Crawlspace | |
| Heating: | Central | Laundry Features: | Inside | |
| Levels: | One | Listing Agreement: | Exclusive Agency | |
| Listing Terms: | Cash, Conventional | Pets Allowed: | Yes | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Surface Type: | Concrete | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Supra Lock Box | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Tenant Pays: | Electricity | |
| Utilities: | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected | Water Source: | Public | |
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