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Triplex-Style Lockout Rental Home

2526 W UNION STREET Tampa, FL 33607

2526 W UNION STREET, Tampa, FL, 33607
$550,000
For Sale
Claim this Listing
$550,000

Triplex - TAMPA, FL

Property Size1,725 SF
Lot Size0.11 Acres
Price / SF$318.84
AddedMay 25
Days on Market52
Last RefreshJul 15 at 9:06 pm

Property Features for 2526 W UNION STREET

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Zoning
RM-16
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features
Driveway, Guest, On Street, Oversized, Tandem
Security features
Smoke Detector(s)
Pets allowed
Cats OK, Dogs OK, Yes
Interior features
Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments
Exterior features
Paved, Fence, Private Entrance, Private Yard
Fencing
Fenced
Appliances
Dishwasher, Dryer, Freezer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
A-15-29-18-4PQ-000047-00006.0
Size
1,725 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2994.63

Utilities

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

Building Details

Year built
1926
Number of units
3
Flooring type
Tile, Tile - Ceramic, Vinyl
Building materials
Frame, Metal Siding
Roof type
Shingle
Architectural style
Other

Listing agent Amy Greenfield License #3190097

Listing office KELLER WILLIAMS TAMPA CENTRAL 1208 E Kennedy Blvd, Tampa, FL

Listing date May 25, 2026

MLS# TB8512110 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

2526 W Union Street is a renovated triplex-style single-family home designed to operate as three separate short-term rental spaces under one roof. The home is configured as an officially 4-bedroom, 3-bath layout with two additional bonus rooms, supported by three exterior entrances and interior security doors. A new roof was installed in June 2026.

Unit layout includes a modernized 2-bedroom/1-bath space with a full kitchen, driveway access, front yard access, and a covered, tiled front porch. Two additional private 1-bedroom/1-bath lock-out suites provide separate bedroom, bathroom, and living areas, each with a kitchenette and wet bar with sink, cabinetry, refrigerator, and under-cabinet lighting. The property sits on a 0.11-acre lot and totals 1,725 square feet.

This configuration can support flexible income use while keeping the home under RM-16 zoning in Tampa (33607). With multiple entries for guest access and separate interior security doors, the property may appeal to investors and owner-occupants seeking a multi-space short-term rental setup in West Tampa, just one street from the city’s planned Riverwalk expansion. The practical takeaway is operational flexibility: different rental layouts can be run under one address.

Key Highlights

  • New roof installed June 2026 on a flexible multi‑use short‑term rental property in West Tampa
  • Configured as a 4‑bedroom, 3‑bath single‑family home with two additional bonus rooms
  • Three exterior entrances and interior security doors support three separate short‑term rental spaces under one roof

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.8k $17.88
− Vacancy −$2.1k −$1.21
EGI $28.8k $16.67
− OpEx −$8.6k −$5.00
NOI $20.1k $11.67
1,725 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$287.6K
$251.7K – $335.6K (±1% cap)
NOI $20,135 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$267.4K
$234.0K – $312.0K (±1% cap)
NOI $18,721 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$401.9K
$351.6K – $468.9K (±1% cap)
NOI $28,131 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store & Service Florist Butcher Clothing & Fashion Store Locksmith Restaurant Fish Market

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

FAQs

What type of property is this?
Triplex - Turn-key renovated home with three exterior entrances designed for separate short-term rental setups.
Where is this triplex located?
The property is located at 2526 W UNION STREET Tampa, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: New roof installed June 2026 on a flexible multi‑use short‑term rental property in West Tampa; Configured as a 4‑bedroom, 3‑bath single‑family home with two additional bonus rooms; Three exterior entrances and interior security doors support three separate short‑term rental spaces under one roof
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