Value-Add Multifamily with Mixed
2306 N MORGAN STREET Tampa, FL 33602
2306 N MORGAN STREET, Tampa, FL, 33602
$1,499,000
For Sale
$1,499,000
Multi-Family 5+ - TAMPA, FL
Property Size1,372 SF
Lot Size0.14 Acres
Price / SF$1,092
Days on Market255
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 Agency
SERRALLES GROUP,INC
(813) 307-0007
2324 N. Highland Ave., Tampa, FL
Listed by
Eddie Serralles · License #508984
(813) 610-1563
Added: Nov 6, 2025 Checked: Jul 19 at 11:06 am
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.
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
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.
