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Tampa Duplex Near Bus Lines

1215 E 108TH AVENUE Tampa, FL 33612

1215 E 108TH AVENUE, Tampa, FL, 33612
$245,000
Pending
For Sale
$245,000
Pending

Duplex - TAMPA, FL

Property Size1,104 SF
Lot Size0.12 Acres
Days on Market65

Property Features for 1215 E 108TH AVENUE

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-50
Bedrooms
2
Rooms
Bedroom 1, Bedroom 2
Interior features
Living Room/Dining Room Combo
Exterior features
Fence
Fencing
Fenced
Standard status
Pending
APN
A-18-28-19-452-000024-00015.0
Size
1,104 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2055.1

Utilities

Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1979
Number of units
2
Flooring type
Carpet, Tile, Tile - Ceramic
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency FLORIDA REALTY
902 W Lumsden Rd, Brandon, FL
Listed by Ainsley Daux, P.A. · License #3133988
Added: May 13 Checked: Jul 16 at 5:06 pm
MLS# TB8509073 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.

This block duplex is centrally located in Tampa, Florida, near bus lines and shopping. The property, situated on a lot of approximately 0.12 acres, contains 1104 square feet of living space. Zoned RS-50, the property is suitable as an addition to an investment portfolio or as a primary residence. It is located in Hillsborough County, with the postal code 33612.

Key Highlights

  • Block construction
  • Central location near bus lines and shopping
  • Central air conditioning

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 $19.7k $17.88
− Vacancy −$1.3k −$1.21
EGI $18.4k $16.67
− OpEx −$5.5k −$5.00
NOI $12.9k $11.67
1,104 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$184.1K
$161.1K – $214.8K (±1% cap)
NOI $12,886 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$171.2K
$149.8K – $199.7K (±1% cap)
NOI $11,981 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$251.5K
$220.1K – $293.4K (±1% cap)
NOI $17,604 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Electrical Service Parking Lot & Garage Skin Care Clinic Law Firm Locksmith Acupuncture Accounting Firm Pet Grooming Service Florist

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

FAQs

What type of property is this?
Duplex - Centrally located duplex near bus lines and shopping.
Where is this duplex located?
The property is located at 1215 E 108TH AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Block construction; Central location near bus lines and shopping; Central air conditioning
Contact an agent
More about this property
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