Shotgun-Style
1106 W ARCH STREET Tampa, FL 33607
For Sale
$489,900
Two rented units feature shared laundry and recent major updates including a 2025 roof and newer windows and HVAC.
Property Size1,858 SF
Price / SF$263.67
Days on Market704
Property Features for 1106 W ARCH STREET
General Information
- Standard status
- Active
- Size
- 1,858 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1943
Listing Agency:
ROYAL LEPAGE TRILAND REALTY
(519) 672-9880
Listed By:
MATT YOUNG · License #3297732
(519) 672-9880
Source:
Exitrealty
Added: Aug 22, 2024
Changed: Jul 23
Last Checked: Jul 25 at 6:36AM
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 ROYAL LEPAGE TRILAND REALTY
Investment Insights
Based on property information with market context.
This shotgun-style duplex includes two income-producing units with a total of four bedrooms and three bathrooms. Unit A is a 1/1 configuration currently rented for $925 per month, and Unit B is a 3/2 configuration currently rented for $1,800 per month. Tenants pay for electricity while the owner pays an average of $110 for water for both units. A shared laundry room with a washer/dryer serves both units.
The property has several recent improvements, including a new roof installed in 2025, new windows installed in 2021, and hot water heater updates with Unit A replaced in 2023 and Unit B replaced in 2022. The AC systems include Unit A updated in 2016 and Unit B updated in 2024.
With both units currently occupied, the duplex offers an investor-ready residential income setup with documented capital improvements and ongoing in-place rental income.
The property has several recent improvements, including a new roof installed in 2025, new windows installed in 2021, and hot water heater updates with Unit A replaced in 2023 and Unit B replaced in 2022. The AC systems include Unit A updated in 2016 and Unit B updated in 2024.
With both units currently occupied, the duplex offers an investor-ready residential income setup with documented capital improvements and ongoing in-place rental income.
Key Highlights
- Shotgun‑style duplex built in 1943 with 2 rented units totaling 4 bedrooms and 3 bathrooms.
- Unit A (1/1) rented for $925/month; Unit B (3/2) rented for $1,800/month (tenants pay electricity).
- New roof installed in 2025; windows updated in 2021; hot water heater for Unit A installed in 2023.
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 | $33.2k | $17.88 |
| − Vacancy | −$2.2k | −$1.21 |
| EGI | $31.0k | $16.67 |
| − OpEx | −$9.3k | −$5.00 |
| NOI | $21.7k | $11.67 |
1,858 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$309.8K
$271.1K – $361.5K
NOI $21,687 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$288.1K
$252.1K – $336.1K
NOI $20,164 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$432.9K
$378.8K – $505.0K
NOI $30,300 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Thehos residental service
Landscaping
FAQs
What type of property is this?
Duplex - Two rented units feature shared laundry and recent major updates including a 2025 roof and newer windows and HVAC.
Where is this duplex located?
The property is located at 1106 W ARCH STREET Tampa, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Shotgun‑style duplex built in 1943 with 2 rented units totaling 4 bedrooms and 3 bathrooms.; Unit A (1/1) rented for $925/month; Unit B (3/2) rented for $1,800/month (tenants pay electricity).; New roof installed in 2025; windows updated in 2021; hot water heater for Unit A installed in 2023.
