Multifamily Portfolio Near
For Sale
Contact for pricing
1221 E 28th Ave, Tampa, FL 33605
Five rental properties offer concentrated ownership across a closely connected East Tampa corridor.
Property SizeContact for details
Days on Market161
Property Features for 1221 E 28th Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
87%
Investment Type
Owner/User
Net Operating Income
$104,913
Financials
Cap Rate
9.85%
Gross Income
$117,600
Listing Agency:
The Somerday Group
Listed By:
Nidya Rojas · License #3567400
(813) 847-9025
Source:
Crexi
Added: Mar 26
Changed: Sep 2
Last Checked: Sep 1 at 3:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Somerday Group
Investment Insights
Based on property information with market context.
This offering consists of five multifamily properties in East Tampa, with four located on the same street and the fifth one street away on E. 28th Ave. The concentrated arrangement creates a contiguous ownership pattern within the immediate area and supports consideration of portfolio-level management or future redevelopment planning. The portfolio is positioned 1 mile from the Gasworx redevelopment district, with proximity to Ybor City and the Riverwalk expansion corridor. An estimated 9.85% cap rate is associated with the current offering, and the properties are described as generating in-place rental income. The address provided for the portfolio is 1221 E 28th Ave, Tampa, FL 33605.
Key Highlights
- Five‑property multifamily portfolio in East Tampa
- Four of the five properties are on the same street
- Fifth property is one street over on E. 28th Ave
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
Demographics for 33605, FL
18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Five rental properties offer concentrated ownership across a closely connected East Tampa corridor.
Where is this multifamily property located?
The property is located at 1221 E 28th Ave Tampa, FL.
What is the asking price?
The asking price for this property is $1,065,000.
What are key features of this property?
This property features: Five‑property multifamily portfolio in East Tampa; Four of the five properties are on the same street; Fifth property is one street over on E. 28th Ave
