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    2306 N Morgan St Tampa, FL 33602

    For Sale
    $1,600,000

    Multi Family - TAMPA, FL

    Property size:
    1,372 SF
    Lot size:
    0.14 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 2306 N Morgan St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    RM-24
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    47
    APN
    A-13-29-18-4XM-000005-00004.0
    Size
    1,372 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1902
    Number of units
    7
    Flooring type
    Carpet, Linoleum
    Building materials
    Stucco, Wood Siding
    Roof type
    Shingle
    Architectural style
    Other

    Serralles Group, Inc (813) 307-0007 [email protected]

    Listing agent Eddie Serralles (813) 307-0007 License #508984

    Listing date Nov 19, 2025

    MLS# TB8449870 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tampa Multifamily Investment Opportunity

    Located in the Tampa Heights submarket, the property at 2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902, and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom unit (682 SF), and four 2-bedroom/1-bathroom units (735 SF each). The property benefits from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. The 0.14-acre lot has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup. Positioned minutes from Tampa’s attractions, residents enjoy easy access to Ybor City’s nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. The property presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing neighborhoods. Long-term tenants are paying below-market rents, creating immediate upside. Implementing water bill-back systems provides a straightforward way to improve net operating income. The property offers redevelopment potential and consistent occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.458272
    Latitude
    27.965434

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    FAQs

    What type of property is this?
    Apartment building - Turn-key multifamily asset in Tampa's in-demand rental corridor.
    Where is this apartment building located?
    The property is located at 2306 N Morgan St Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Prime location in Tampa Heights, near Ybor City, Downtown Tampa's Riverwalk, Armature Works, and the Tampa Heights food and entertainment district.; - Value-add opportunity through rent optimization; current tenants are paying below-market rents.; - **Turn-key multifamily asset with recent updates, including a new roof within the past 2-3 years and upgraded capital expenditures.**
    (813) 307-0007
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    2306 N Morgan St Tampa, FL 33602
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    Tampa, FL 33602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2306 N Morgan St Tampa, FL 33602
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