5604 N CHEROKEE AVE, TAMPA, FL, 33604
$480,000
Residential Income
|
Living Area
2,526 Sqft
|
Lot Size
7,392 Sqft
|
Investor Special – Duplex Potential in Prime Seminole Heights Location!
Don’t miss this rare opportunity to own a versatile income-generating property in the heart of Old Seminole Heights. This charming 1926 home features a 2BD/2BA + Office main residence plus a private 1BD/1BA upstairs apartment with its own entry—ideal for house hacking, short-term rental income, or multigenerational living.
Major updates include a 2020 metal roof, 2022 upstairs AC, and new main home air handler, making this a low-maintenance investment. The spacious 56x132 lot offers a fully fenced backyard, mature trees, and room for future additions or outdoor amenities.
Rental Income Potential:
Main House: $2,200–$2,500/month
Upstairs Apartment: $1,600–$1,800/month
Total Gross Rent: $3,800–$4,300/month
With an asking price of $500,000 and a conservative ARV of $700,000–$750,000, this property offers strong cash flow today with big upside tomorrow. Zoned residential with no HOA and located minutes from popular restaurants, breweries, parks, and downtown Tampa.
This is your chance to invest in one of Tampa’s most sought-after and fastest-appreciating neighborhoods. Live in one unit and rent the other—or rent both and maximize ROI.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8398473 | Year Built: | 1926 | |
| Construction Materials: | Block | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Hillsborough | |
| Exterior Features: | Storage | Fireplace Features: | Wood Burning | |
| Foundation Details: | Crawlspace | Heating: | Central | |
| Laundry Features: | Inside, Laundry Room | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional, Other | Occupant Type: | Vacant | |
| Possession: | Close Of Escrow | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Supra Lock Box, Appointment Only, See Remarks, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Available, Electricity Connected | Water Source: | Public | |
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