BEDS8
BATHS
SQUARE FEET1,656
MLS#TB8523844
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDRUID HILLS REV
Property Description
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 Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,642
Year Built: 1973
Amenities
Ninguno
Fence
Feature Descriptions
Annual Net Income: 65000.00
Appliances: Electric Water Heater, Range, Refrigerator
Days on Site: 19
Directions: Traveling on East Busch Blvd, turn South on N 48th Street, the properties will be on your Right and Left.
Exterior: Block
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.13
Ownership: Fee Simple
Parking: Assigned
Parking Notes: Assigned
Patio/Porch: None
Pets Restrictions: Please check with Hillsborough County.
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Lock Box Coded, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 4
Utilities: Cable Available, Electricity Available, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RM-16
Local Schools
High School: King-HB
Middle School: Greco-HB
Elementary School: Riverhills Elem
Listed By / Shown By
Listed By
Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,061.32 per month $1,333.11 Principal & Interest $553.50 Property Tax $174.71 Homeowner's InsuranceChange Payment Information
8723 & 8724 N 48th Street | MLS# TB8523844
This multi-family property located at 8723 & 8724 N 48th Street , Tampa, FL 33617 is currently listed for sale with an asking price of $599,000. Search Tampa real estate on www.realtymarkllc.com today.