Duplex with Newer
New
For Sale
$399,999
2204 N 10TH ST, Tampa, FL 33605
Two separate residences offer vinyl flooring, fresh paint, and newer kitchens.
Property Size1,114 SF
Days on Market4
Property Features for 2204 N 10TH ST
General Information
Standard status
Active
Size
1,114 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,686
Building Details
Building Size
1,114 SF
Year Built
1920
Buildings
1
Listing Agency:
FRANK ALBERT REALTY
Listed By:
Frank Albert · License #3245774
(813) 546-2503
Source:
Judibeck
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 9:37AM
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 FRANK ALBERT REALTY
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Investment Insights
Based on property information with market context.
This 1,114-square-foot duplex contains two separate apartments, each configured with one bedroom and one bathroom. The property was built in 1920 and features vinyl flooring, fresh paint, and newer kitchens.
The Tampa property is near Ybor City, Channelside, Downtown Tampa, Armature Works, and Water Street. Major highways are accessible from the area.
The Tampa property is near Ybor City, Channelside, Downtown Tampa, Armature Works, and Water Street. Major highways are accessible from the area.
Key Highlights
- Two apartments, each with 1 bedroom and 1 bathroom
- 1,114 square feet across the duplex
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,003
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,060
$260.1K
Cap Rate 7%
$185,757
$185.8K
Cap Rate 9%
$144,478
$144.5K
Market Conditions
NOI Build-Up for 1,114 SF
Gross rent
$19.9K $17.88/SF
− Vacancy
−$1.3K −$1.21/SF
EGI
$18.6K $16.67/SF
− OpEx
−$5.6K −$5.00/SF
NOI
$13.0K $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%
$260,060
Cap Rate 7%
$185,757
Cap Rate 9%
$144,478
Alternative Uses
Best Use
Multifamily LT 5
$185.8K
$162.5K – $216.7K
NOI $13,003 @ 7.0% cap · market cap 3.25%
Second Best
Apartment 5plus
$172.7K
$151.1K – $201.5K
NOI $12,090 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$259.5K
$227.1K – $302.8K
NOI $18,167 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,332
Businesses Nearby
Explore this area
Business Placement
Demographics for 33605, FL
18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer vinyl flooring, fresh paint, and newer kitchens.
Where is this duplex located?
The property is located at 2204 N 10TH ST Tampa, FL.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Two apartments, each with 1 bedroom and 1 bathroom; 1,114 square feet across the duplex; Built in 1920
