For SaleDuplexActive
8723 & 8724 N 48th Street
Tampa, FL 33617
$599,000
141 Days On Site
- 8Beds
- 5Baths
- 1,656Sq Ft
- $362Per Sq Ft
- 0.13Acres
- 1973Built
- Subdivision
- Druid Hills Rev
- County
- Hillsborough
- MLS®
- TB8523844
Overview
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.
Listing Snapshot
- Price
- $599,000
- Days On Site
- 141 Days
- Bedrooms
- 8
- Inside Area (SqFt)
- 1,656 sqft
- Total Baths
- 5
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.13 Acres
- Year Built
- 1973
- MLS® Number
- TB8523844
- Status
- Active
- Property Tax
- $6,642 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
10 items
- Acres
- 0.13
- Foundation
- Slab
- Levels
- One
- Parking
- Assigned
- Property Sub Type
- Duplex
- Sewer
- Public Sewer
- SqFt Total
- 1,708
- Utilities
- Cable Available, Electricity Available, Electricity Connected, Water Connected
- Water Source
- Public
- Zoning
- RM-16
Interior Features
5 items
- Appliances
- Electric Water Heater, Range, Refrigerator
- Cooling
- Central Air
- Furnished
- Unfurnished
- Heating
- Central
- Laundry Features
- Inside, Laundry Room
Exterior Features
3 items
- Construction Details
- Block
- Patio And Porch
- None
- Roof
- Shingle
Community Features
4 items
- MLS Area
- 33617 - Tampa / Temple Terrace
- Township
- 28
- Financing Terms Available
- Cash, Conventional
- Roads
- Asphalt
Location
8723 & 8724 N 48th Street, Tampa, FL 33617 · 33617 - Tampa / Temple Terrace
Neighborhood & Commute
ZIP Code 33617
- Median household income
- $55,312
- Income per person
- $29,653
- Households
- 20,151
- Average household size
- 2.36
- Median age
- 33.3
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Schools
- Elementary School
- Riverhills Elem
- Middle School
- Greco-HB
- High School
- King-HB
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Status changed to Active
Friends & Family
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