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Duplex With Separate Meters
For Sale
$475,000

1997 MARSHALL Street, Bartow, FL 33830

MULTI_FAMILY - BARTOW, FL

Property Size2,469 SF
Lot Size0.35 Acres
Price / SF$192.39
Days on Market370

Property Features for 1997 MARSHALL Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 1
Parking features Driveway
Patio and Porch features Patio
Pets allowed Dogs OK, Cats OK
Interior features Ceiling Fans(s), Open Floorplan
Exterior features Fence, Lighting, Private Mailbox
Fencing Fenced
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Subdivision HAMILTONS ADD
Directions From State Road 60 E, turn right onto W Main St, 4 min (1.5 mi), turn right onto S Holland Pkwy, turn left on Washington, turn right on Marshall.
Standard status Active
APN 25-30-09-424000-007030
Size 2,469 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HAMILTONS ADD PB 32 PG 13 BLK 7 LOTS 3 & 4
Tax Annual Amount 6067
Legal Description HAMILTONS ADD PB 32 PG 13 BLK 7 LOTS 3 & 4

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Amenities

stainless steel appliances
fenced-in yard

Building Details

Year built 2022
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic
Building materials Block, Stucco
Roof type Shingle
Listing Agency: IMPACT REALTY TAMPA BAY
Listed By: Nicole Annicelli · License #3393844
Added: Aug 1, 2025 Changed: Aug 3 Last Checked: Aug 5 at 4:06AM
MLS# TB8413355

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.

This duplex on a private lot features two separate units with long driveways and separate entrances. Each unit has its own private fenced-in yard and is individually metered. The interior offers an open floorplan with ceiling fans, and kitchens include stainless steel appliances.

The property is situated on a 0.35-acre lot and includes 2,469 square feet of living space. Constructed in 2022 with block and stucco exterior materials and a shingle roof, the duplex is served by public water and public sewer, with cable available. Heating is electric with central heating, and cooling is central air.

Both units are described as currently rented, and each unit is laid out with three bedrooms and two bathrooms. Flooring includes ceramic tile, with one unit also described as having luxury vinyl, and each unit includes its own patio area and driveway parking.

Key Highlights

  • Zoned R‑2 Duplex with two individually metered units
  • Built in 2022 with block and stucco exterior and shingle roof
  • 0.35‑acre lot with 2,469 SF of living space

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 $40.0k $16.20
− Vacancy −$2.6k −$1.05
EGI $37.4k $15.15
− OpEx −$11.2k −$4.54
NOI $26.2k $10.60
2,469 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$374.0K
$327.2K – $436.3K (±1% cap)
NOI $26,179 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$334.1K
$292.3K – $389.8K (±1% cap)
NOI $23,386 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$593.3K
$519.2K – $692.2K (±1% cap)
NOI $41,533 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Nail Salon Hair Salon Spa & Massage Center Restaurant Pharmacy

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 33830, FL

29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Duplex zoned R-2 featuring separate meters and entrances, each unit with three bedrooms, two baths, and fenced private yards.
Where is this duplex located?
The property is located at 1997 MARSHALL Street Bartow, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Zoned R‑2 Duplex with two individually metered units; Built in 2022 with block and stucco exterior and shingle roof; 0.35‑acre lot with 2,469 SF of living space
More about this property
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