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Tampa Multifamily Investment Opportunity

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 Market254

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
4924

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1902
Number of units
7
Flooring type
Carpet
Building materials
Frame, Stucco, Wood Siding
Roof type
Shingle
Architectural style
Other
Listing Agency SERRALLES GROUP,INC
2324 N. Highland Ave., Tampa, FL
Listed by Eddie Serralles · License #508984
Added: Nov 5, 2025 Checked: Jul 17 at 4:06 pm
MLS# TB8444805 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.

Located in the Tampa Heights submarket, 2306-2308 Morgan Street features two multifamily buildings totaling seven units across 4,315 square feet. The front triplex, constructed in 1902, and the rear quadplex, built in 1926, offer a diverse unit mix consisting of two studios (343 SF each), one 1-bedroom/1-bathroom unit (682 SF), and four 2-bedroom/1-bathroom units (735 SF each). Recent improvements include a new roof installed within the past 2-3 years and upgraded capital expenditures. The property has been freshly painted inside and out. The lot at 2308 Morgan Street is zoned RM-24, allowing for potential redevelopment into higher-density multifamily or modern townhomes. A separate lot is designated for tenant parking. Residents benefit from convenient access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. The property is positioned as a turn-key multifamily asset in an in-demand rental corridor. The property sits on a 0.14-acre lot. The property offers value-add opportunities through rent adjustments to market rates and implementing water bill-back systems. The property size is 1,372 square feet.

Key Highlights

  • Prime location in the highly desirable and rapidly growing Tampa Heights submarket, near Ybor City, Downtown Tampa, Armature Works, and the Tampa Heights food and entertainment district.
  • Value‑add opportunity through rent optimization and implementation of utility bill‑back systems.
  • Redevelopment potential due to RM‑24 zoning, allowing for higher‑density multifamily or townhome development on both parcels.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Pharmacy Storage Facility (Bike/Boat/Book/etc) Store Discount Store (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Seven-unit multifamily property in Tampa Heights with value-add potential.
Where is this apartment building 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 the highly desirable and rapidly growing Tampa Heights submarket, near Ybor City, Downtown Tampa, Armature Works, and the Tampa Heights food and entertainment district.; Value‑add opportunity through rent optimization and implementation of utility bill‑back systems.; Redevelopment potential due to RM‑24 zoning, allowing for higher‑density multifamily or townhome development on both parcels.
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