Historic Quadplex with
For Sale
$750,000
1846 2ND Avenue N, St Petersburg, FL 33713
Residential Income, ST PETERSBURG, FL
Property Size2,622 SF
Lot Size0.11 Acres
Price / SF$286.04
Days on Market234
Property Features for 1846 2ND Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 1
Parking features
On Street
Window features
Storm Window(s), Double Pane Windows, Insulated Windows
Interior features
Ceiling Fans(s)
Exterior features
Private Entrance, Private Mailbox
Appliances
Gas Water Heater, Range, Refrigerator
Subdivision
FULLERS SUB
Lot features
Corner Lot, Historic District
Elementary school
Woodlawn Elementary-PN
Middle school
John Hopkins Middle-PN
High school
St. Petersburg High-PN
Directions
From 16th St and Central, head west. Turn north on 18th Street to 2nd Ave N. Located on SE corner of 18th Street and 2nd Ave N
Standard status
Active
APN
24-31-16-29718-010-0061
Size
2,622 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FULLER'S SUB BLK 10, N 80FT OF LOT 6
Tax Annual Amount
6855
Legal Description
FULLER'S SUB BLK 10, N 80FT OF LOT 6
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1921
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Carpet, Wood
Building materials
Vinyl Siding, Frame
Roof type
Shingle
Listing Agency:
SEXAUER REAL ESTATE INTL.
Listed By:
Steve Sexauer · License #3165433
(727) 641-3644
Added: Feb 13
Changed: Sep 28
Last Checked: Oct 5 at 6:06PM
MLS# TB8476431
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.
Investment Insights
Based on property information with market context.
Built in 1921, this Craftsman-style quadplex contains 2,622 square feet across four residential units: three one-bedroom, one-bath apartments and one three-bedroom, one-bath apartment. Each unit has central air conditioning, separate electric and gas metering, and access to public water and sewer. Recent improvements include impact windows and premium vinyl siding. The property also includes a 2-car garage on a 0.11-acre lot measuring 60x80 feet.
Located at 1846 2nd Avenue N in St. Petersburg, the property is within walking or biking distance of the Grand Central District, Edge District, and downtown. Central Avenue dining, breweries, museums, waterfront parks, and nightlife are also nearby. The property is in Flood Zone X and is zoned for multifamily use of 10 units or fewer.
Located at 1846 2nd Avenue N in St. Petersburg, the property is within walking or biking distance of the Grand Central District, Edge District, and downtown. Central Avenue dining, breweries, museums, waterfront parks, and nightlife are also nearby. The property is in Flood Zone X and is zoned for multifamily use of 10 units or fewer.
Key Highlights
- Four‑unit layout with three 1‑bedroom/1‑bath units and one 3‑bedroom/1‑bath unit
- 2,622 square feet on a 0.11‑acre, 60x80 lot
- 1921 Craftsman‑style building with a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,605
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,100
$612.1K
Cap Rate 7%
$437,214
$437.2K
Cap Rate 9%
$340,056
$340.1K
Market Conditions
NOI Build-Up for 2,622 SF
Gross rent
$46.9K $17.88/SF
− Vacancy
−$3.2K −$1.21/SF
EGI
$43.7K $16.67/SF
− OpEx
−$13.1K −$5.00/SF
NOI
$30.6K $11.67/SF
Area
Pinellas County, 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%
$612,100
Cap Rate 7%
$437,214
Cap Rate 9%
$340,056
Alternative Uses
Best Use
Multifamily LT 5
$437.2K
$382.6K – $510.1K
NOI $30,605 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$344.5K
$301.4K – $401.9K
NOI $24,115 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$682.0K
$596.8K – $795.7K
NOI $47,740 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,723
Businesses Nearby
Explore this area
Business Placement
Demographics for 33713, FL
31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separately metered units offer central air and a mix of one- and three-bedroom layouts.
Where is this quadplex located?
The property is located at 1846 2ND Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four‑unit layout with three 1‑bedroom/1‑bath units and one 3‑bedroom/1‑bath unit; 2,622 square feet on a 0.11‑acre, 60x80 lot; 1921 Craftsman‑style building with a 2‑car garage
