8720 N 48TH ST, TAMPA, FL, 33617
$630,000
Residential Income
|
Bedrooms
8
|
Bathrooms
4
|
Living Area
1,576 Sqft
|
Lot Size
5,550 Sqft
|
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
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8471903 | Year Built: | 1972 | |
| Appliances: | Range, Refrigerator | Construction Materials: | Block | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Hillsborough | Exterior Features: | Fence | |
| Flooring: | Tile | Foundation Details: | Slab | |
| Heating: | Central | Laundry Features: | Inside, Laundry Room | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional, FHA, VA Loan | Pets Allowed: | Yes | |
| Possession: | Close Of Escrow | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt, Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only, Lock Box Coded, See Remarks, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available, Water Connected | Water Source: | Public | |
We love to hear from you