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8-Unit Apartment Complex with 4 Buildings
For Sale
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1205 E 140th Ave, Tampa, FL 33613

Fully occupied complex of eight 2-bed, 1-bath units across four buildings on two parcels.

Property SizeContact for details
Days on Market134

Property Features for 1205 E 140th Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 8
Listing Agency: Ali Rifaie
Listed By: Ali Rifaie · License #SL3361535
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:40PM

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 Ali Rifaie

Investment Insights

Based on property information with market context.

This fully occupied multifamily complex includes 8 units in 4 separate buildings on two separate parcels. Each unit offers 2 bedrooms and 1 bathroom, with a living room, kitchen, and eating area. All units are currently occupied and are collecting rent on month-to-month terms.

According to the seller, current collections are $1,250 per month, with potential to increase rents through basic renovations and upkeep to $1,400. This sale includes 1207 E 140th Ave. The property is described as conveniently located within minutes of I-275, the University of South Florida, restaurants, and hospitals. Please do not approach tenants.

Key Highlights

  • Fully occupied 8‑unit complex in 4 buildings across two separate parcels
  • All units are 2 bed, 1 bath with a living room, kitchen, and eating area
  • Current rents are $1,250 per month per unit on month‑to‑month terms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm Acupuncture Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,100
Businesses Nearby

Demographics for 33613, FL

38,801
Population
17,686
Households
2.2
Avg Household Size
30
Median Age
29%
College-Educated
84%
High-School Grad
7.4 sq mi
ZIP Area
5,243
Density / Sq Mi
$44,642
Median Household Income
$30,911
Median Earnings
$1,178
Median Rent
$219,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied complex of eight 2-bed, 1-bath units across four buildings on two parcels.
Where is this apartment building located?
The property is located at 1205 E 140th Ave Tampa, FL.
What are key features of this property?
This property features: Fully occupied 8‑unit complex in 4 buildings across two separate parcels; All units are 2 bed, 1 bath with a living room, kitchen, and eating area; Current rents are $1,250 per month per unit on month‑to‑month terms
More about this property
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