Value-Add Multifamily with Mixed
2306 N MORGAN STREET, Tampa, FL 33602
Multi-Family 5+ - TAMPA, FL
Property size:
1,372 SFLot size:
0.14 AcresPrice / SF:
$1,092/SF- Added:
- Nov 6, 2025
- Days on Market:
- 208
- Last Refresh:
- Jun 2 at 8:06 pm
Property Features for 2306 N MORGAN STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RM-24
- 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 Annual Amount
- 4959
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1902
- Number of units
- 7
- Flooring type
- Carpet, Linoleum
- Building materials
- Stucco, Wood Siding
- Architectural style
- Other
Listing agent Eddie Serralles License #508984 (813) 610-1563
Listing office SERRALLES GROUP,INC 2324 N. Highland Ave., Tampa, FL (813) 307-0007
Listing date Nov 6, 2025
MLS# TB8445667
Listing URL
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.
HighLights
- Prime location in Tampa Heights, near Ybor City, Downtown Tampa's Riverwalk, and Armature Works.
- Value‑add opportunity through rent optimization and utility bill‑back implementation.
- Turn‑key multifamily asset with a new roof within the past 2‑3 years.
- Diverse unit mix of studios, 1‑bedroom, and 2‑bedroom units across two buildings (7 units total).
- Strong curb appeal with fresh paint inside and out, offering a low‑maintenance setup.
- Consistent occupancy in one of Tampa's fastest‑growing neighborhoods.
Overview
2306 N Morgan Street is a value-add multifamily property featuring two buildings totaling 7 rental units. The front triplex was built in 1902, and the rear quadplex dates to 1926. Unit mix includes two studio units at 343 SF each, 1-bedroom/1-bath units sized at 735 SF each, one additional unit at 682 SF, and four 2-bedroom/1-bath units.
The property is located in the Tampa Heights submarket. Recent improvements include a new roof installed within the past 2–3 years, along with upgraded capital expenditures. The exterior and interior have also been freshly painted, supporting strong curb appeal and a lower-maintenance setup for ongoing operations.
From an investment perspective, the current tenant structure provides room for improvement, with long-term residents paying below-market rents. That profile can create practical upside through targeted rent optimization and utility bill-back strategies focused on water. With recent updates, consistent occupancy, and a location that puts residents near major Tampa destinations such as Ybor City, Downtown Tampa’s Riverwalk, and Armature Works, this is positioned as a turn-key multifamily option for buyers seeking steady income with value-add potential.
The property is located in the Tampa Heights submarket. Recent improvements include a new roof installed within the past 2–3 years, along with upgraded capital expenditures. The exterior and interior have also been freshly painted, supporting strong curb appeal and a lower-maintenance setup for ongoing operations.
From an investment perspective, the current tenant structure provides room for improvement, with long-term residents paying below-market rents. That profile can create practical upside through targeted rent optimization and utility bill-back strategies focused on water. With recent updates, consistent occupancy, and a location that puts residents near major Tampa destinations such as Ybor City, Downtown Tampa’s Riverwalk, and Armature Works, this is positioned as a turn-key multifamily option for buyers seeking steady income with value-add potential.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.458272
- Latitude
- 27.965434
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Two historic buildings with updated roofs and fresh interiors, offering below-market rent upside for investors in Tampa Heights.
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 $1,499,000.
What are key features of this property?
This property features: Prime location in Tampa Heights, near Ybor City, Downtown Tampa's Riverwalk, and Armature Works.; Value‑add opportunity through rent optimization and utility bill‑back implementation.; Turn‑key multifamily asset with a new roof within the past 2‑3 years.
