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Four-Unit Duplex Property
For Sale
$530,000

1609 E 143RD Avenue, Tampa, FL 33613

Residential Income, TAMPA, FL

Property Size1,824 SF
Lot Size0.24 Acres
Price / SF$290.57
Days on Market120

Property Features for 1609 E 143RD Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RMC-20
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3
Parking features Assigned
Interior features Ceiling Fans(s), Window Treatments
Exterior features Lighting
Appliances Electric Water Heater, Range, Refrigerator, Water Filtration System
Subdivision BYARS REVISION OF SUNNYLAND AC
Elementary school Mort-HB
Middle school Buchanan-HB
High school Freedom-HB
Directions 1609 E 143rd Ave
Standard status Active
APN U-06-28-19-1GH-000008-00005.0
Size 1,824 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BYARS REVISION OF SUNNYLAND ACRES E 80 FT OF LOT 5 BLOCK 8
Tax Annual Amount 4768
Legal Description BYARS REVISION OF SUNNYLAND ACRES E 80 FT OF LOT 5 BLOCK 8

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Electric (Heating), Ductless (Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Well

Building Details

Year built 1969
Floors in Building 1
Number of units 4
Flooring type Tile
Building materials Block, Brick
Roof type Shingle
Listing Agency: REAL ESTATE FIRM OF FLORIDA, LLC · RE/MAX International
Listed By: Kristoffer Slaven
Added: Jun 24 Changed: Oct 19 Last Checked: Oct 21 at 3:06AM
MLS# TB8522734

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.

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Investment Insights

Based on property information with market context.

This Tampa property comprises two block duplex buildings with four one-bedroom units. The buildings contain 1,824 square feet in total and sit on a 0.24-acre parcel. Built in 1969, the property has tile flooring, electric water heaters, ranges, refrigerators, and water filtration systems. Cooling is provided by wall or window units, and heating is ductless and electric.

The site is zoned RMC-20 and has assigned parking. Water is supplied by a well, with a septic system for sewer service; cable is available. Exterior lighting is also present.

Key Highlights

  • Four one‑bedroom units across two block duplex buildings
  • 1,824 square feet of building area on a 0.24‑acre parcel
  • Built in 1969; zoned RMC‑20

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,290
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,800 $425.8K
Cap Rate 7%
$304,143 $304.1K
Cap Rate 9%
$236,556 $236.6K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$32.6K $17.88/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$30.4K $16.67/SF
− OpEx
−$9.1K −$5.00/SF
NOI
$21.3K $11.67/SF
Area
Tampa, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,800
Cap Rate 7%
$304,143
Cap Rate 9%
$236,556

Alternative Uses

Best Use
Multifamily LT 5
$304.1K
$266.1K – $354.8K (±1% cap)
NOI $21,290 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$282.8K
$247.4K – $329.9K (±1% cap)
NOI $19,795 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$424.9K
$371.8K – $495.8K (±1% cap)
NOI $29,746 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,152
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two block buildings provide four one-bedroom residences on a single parcel.
Where is this duplex located?
The property is located at 1609 E 143RD Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Four one‑bedroom units across two block duplex buildings; 1,824 square feet of building area on a 0.24‑acre parcel; Built in 1969; zoned RMC‑20
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