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Updated Duplex with Private Backyards
For Sale
$390,000

2307 E OSBORNE AVE, Tampa, FL 33610

Two refreshed units are fully rented and include separate private backyard areas.

Property Size1,309 SF
Days on Market187

Property Features for 2307 E OSBORNE AVE

General Information

Standard status Active
Size 1,309 SF
Property subtype Duplex
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,585

Amenities

private backyard

Building Details

Building Size 1,309 SF
Year Built 1952
Abandoned No
Listing Agency: BRAINARD REALTY
Listed By: Chris Zoller · License #3340134
Source: Judibeck
Added: Apr 14 Changed: Oct 1 Last Checked: Oct 16 at 4:45PM

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 BRAINARD REALTY

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Investment Insights

Based on property information with market context.

This 1309-square-foot duplex contains two updated residential units, each with refreshed interiors and a private backyard area. The property is fully rented and includes ample parking on an oversized lot, adding practical utility for occupants and day-to-day operations.

Located in a quiet neighborhood, the property is minutes from downtown Tampa and the Seminole Heights area. Its configuration, existing tenancy, outdoor space, and convenient Tampa setting provide a clear snapshot of the asset for prospective buyers.

Key Highlights

  • Two‑unit duplex with 1309 SF of total property size
  • Both units are fully rented
  • Each unit has its own private backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,279
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,580 $305.6K
Cap Rate 7%
$218,271 $218.3K
Cap Rate 9%
$169,767 $169.8K
Market Conditions
NOI Build-Up for 1,309 SF
Gross rent
$23.4K $17.88/SF
− Vacancy
−$1.6K −$1.21/SF
EGI
$21.8K $16.67/SF
− OpEx
−$6.5K −$5.00/SF
NOI
$15.3K $11.67/SF
Area
ZIP 33610
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%
$305,580
Cap Rate 7%
$218,271
Cap Rate 9%
$169,767

Alternative Uses

Best Use
Multifamily LT 5
$218.3K
$191.0K – $254.7K (±1% cap)
NOI $15,279 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$190.3K
$166.5K – $222.1K (±1% cap)
NOI $13,323 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$301.9K
$264.2K – $352.2K (±1% cap)
NOI $21,134 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 33610, FL

45,218
Population
17,995
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
82%
High-School Grad
18.0 sq mi
ZIP Area
2,512
Density / Sq Mi
$49,765
Median Household Income
$34,773
Median Earnings
$1,307
Median Rent
$210,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two refreshed units are fully rented and include separate private backyard areas.
Where is this duplex located?
The property is located at 2307 E OSBORNE AVE Tampa, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two‑unit duplex with 1309 SF of total property size; Both units are fully rented; Each unit has its own private backyard
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