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Tampa Multifamily Investment Opportunity

1517 E 142ND Ave, Tampa, FL 33613

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For Sale

$1,075,000

Eight-unit multifamily property near USF Tampa with income potential.

Type:Investment

HighLights

High Rental Income: $9,613 per month with 100% occupancy
Two Parcels Totaling 8 Units: Includes a 6‑plex and a duplex, both with 1‑bed/1‑bath units
Prime Location in University Square: Close to USF Tampa, shopping, and dining
Central A/C in All Units
Development Potential: Generous lot size offers space to potentially build more units
Tenant Paid Utilities: Tenants pay for their own electric usage

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Listing Contact

Christopher Rogers

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For Sale

$1,075,000

Eight-unit multifamily property near USF Tampa with income potential.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:29 pm

Property Features for 1517 E 142ND Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1973

We can help!

Listing Contact

Christopher Rogers

Listing agent Christopher Rogers License #3350352

Listing office RE/MAX Action First

Listing date Apr 24, 2026

Source Elliman

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 RE/MAX Action First

HighLights

High Rental Income: $9,613 per month with 100% occupancy
Two Parcels Totaling 8 Units: Includes a 6‑plex and a duplex, both with 1‑bed/1‑bath units
Prime Location in University Square: Close to USF Tampa, shopping, and dining
Central A/C in All Units
Development Potential: Generous lot size offers space to potentially build more units
Tenant Paid Utilities: Tenants pay for their own electric usage

Overview

This multifamily property in Tampa's University Square consists of four separate buildings on two parcels, featuring a 6-plex and a duplex, totaling 8 units. All units are 1-bedroom, 1-bathroom apartments. The current rent roll is $9,613 per month, with all units currently occupied. Each building has one water meter, and tenants are responsible for their electric bills. All apartments are equipped with central air conditioning. The property is suitable for rental income, live-in investors, or group ownership. The generous lot size offers ample space to potentially build more. Both parcels back up to each other, and there is plenty of parking available in front of both properties. Located just 8 minutes from USF Tampa, the property offers excellent proximity to shopping and dining, with quick access to E. Fletcher, major roads, public amenities, and green space. The bike score is 61, indicating bikeable conditions, the walk score is 60, indicating somewhat walkable conditions, and the transit score is 42, indicating some transit options.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

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Local Demand

City: Tampa
County: Hillsborough
State: Florida
Longitude: -82.4411503
Latitude: 28.0754503

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For sale
Apartment buildings
FL
Tampa
33613
1517 E 142ND Ave

What type of property is this?

Apartment building - Eight-unit multifamily property near USF Tampa with income potential.

Where is this apartment building located?

The property is located at 1517 E 142ND Ave Tampa, FL.

What is the asking price?

The asking price for this property is $1,075,000.

What are key features of this property?

This property features: High Rental Income: $9,613 per month with 100% occupancy; Two Parcels Totaling 8 Units: Includes a 6‑plex and a duplex, both with 1‑bed/1‑bath units; Prime Location in University Square: Close to USF Tampa, shopping, and dining