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7-Unit Triplex and Quadplex
For Sale
$1,490,000

2306 N MORGAN Street, Tampa, FL 33602

MULTI_FAMILY - TAMPA, FL

Property Size1,372 SF
Lot Size0.14 Acres
Price / SF$1,086
Days on Market271

Property Features for 2306 N MORGAN Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-24
Bedrooms 9
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 1, Bathroom 7, Bedroom 7, Bedroom 9, Bedroom 6, Bedroom 4, Bedroom 8, Bathroom 6, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 2
Subdivision GROVE HEIGHTS
Directions Nebraska to Columbus Dr. turn east go to Morgan turn left proprty on the right.
Standard status Active
APN A-13-29-18-4XM-000005-00004.0
Size 1,372 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GROVE HEIGHTS LOT 4 BLOCK 5
Tax Annual Amount 4959
Legal Description GROVE HEIGHTS LOT 4 BLOCK 5

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1902
Number of units 7
Flooring type Linoleum, Carpet
Building materials Stucco, Wood Siding
Roof type Shingle
Listing Agency: SERRALLES GROUP,INC
Listed By: Eddie Serralles · License #508984
Added: Nov 19, 2025 Changed: Aug 13 Last Checked: Aug 17 at 2:06AM
MLS# TB8449870

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.

2306 N Morgan Street is a two-building multifamily property totaling seven units across 4,315 square feet. The front triplex was built in 1902 and the rear quadplex was built in 1926. Construction includes stucco and wood siding, with a shingle roof. The property is served by public water and public sewer, with ductless heating and window or wall/window unit cooling.

The unit mix includes two studio units (approximately 343 SF each), one 1-bedroom/1-bath unit (682 SF), and four 2-bedroom/1-bath units (approximately 735 SF each). Recent capital improvements include a new roof installed within the past 2–3 years, along with additional upgrades and fresh interior and exterior paint.

The property’s income combines market rents and housing assistance payments. With consistent occupancy and several long-term tenants currently paying below-market rents, there is an opportunity to optimize rents over time through in-place value-add strategies such as utility bill-backs for water, subject to buyer due diligence. Zoning is RM-24.

Key Highlights

  • Two buildings totaling 7 units across 4,315 SF
  • Front triplex built in 1902; rear quadplex built in 1926
  • Recent roof installed within the past 2–3 years, plus interior and exterior paint

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Pharmacy Storage Facility (Bike/Boat/Book/etc) Store Discount Store Veterinary Clinic

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

2,676
Businesses Nearby

Demographics for 33602, FL

19,936
Population
11,972
Households
1.7
Avg Household Size
36
Median Age
61%
College-Educated
92%
High-School Grad
2.6 sq mi
ZIP Area
7,668
Density / Sq Mi
$88,569
Median Household Income
$66,434
Median Earnings
$2,119
Median Rent
$560,400
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?
Triplex - RM-24 zoned two-building multifamily with seven units and recent roof plus interior and exterior paint updates.
Where is this triplex located?
The property is located at 2306 N MORGAN Street Tampa, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Two buildings totaling 7 units across 4,315 SF; Front triplex built in 1902; rear quadplex built in 1926; Recent roof installed within the past 2–3 years, plus interior and exterior paint
More about this property
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