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6-Unit Apartment Property
New
For Sale
$1,200,000

2501 IRENE STREET, Lutz, FL 33549

Two single-story masonry buildings include individual central A/C systems and shared off-street parking.

Property Size3,634 SF
Price / SF$330.21
Days on Market3

Property Features for 2501 IRENE STREET

General Information

Standard status Active
Size 3,634 SF
Property subtype Quadruplex

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Amenities

0.39 acres, Dimensions: 170 x100, In County, Landscaped, Level, Street Dead-End, Paved
Shingle
Aerobic Septic
Additional parcels description:, Parcel Number: U-05-28-19-1FP-000002-00004.0, Public Survey Range: 19, Public Survey Section: 05, Annual Amount: $8,271, Tax Block: 2, Tax Book Number: 40-55, Legal Description: CLEWELL HEIGHTS FIRST ADDITION LOT 4 & 5 BLOCK 2, Lot: 4 - 5, Year: 2025, Zoning: RMC-16
Tile
Gross Income: $79,200
Central Air
Central
Listing ID: MFRTB8553176, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-09-30, 1 day on market, Special Conditions: None
Assigned, Common, Driveway, Ground Level, Off Street, Open, Parking Pad
Elementary School: Mort-HB, Middle School: Buchanan-HB, High School: Freedom-HB
Aluminum Frames
12 total bedrooms
Built in 1971, Living area: 3634, Living area units: Square Feet, Levels: One, Construction Materials: Block
Subdivision: CLEWELL HEIGHTS FIRST ADD, MLS Area (Major): 33549 - Lutz, County/Parish: Hillsborough
6 total bathrooms
Street Lights
Electricity Connected, Fire Hydrant, Water Connected, Water Source: Public, 7 separate electric meters
Slab
Close Of Escrow
Allowed: Yes
Electricity
Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Patio/Porch Features: Covered, Porch, Private Entrance, Private Mailbox, Private Yard
Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
Electric Water Heater, Microwave, Refrigerator, Other equipment: Private Entrance, Private Yard

Building Details

Year Built 1971
Buildings 2
Stories 1
Construction concrete block
Listing Agency: COLDWELL BANKER REALTY
Listed By: Brian Bernhard · License #562194
Source: Miharaandassociates
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 1 at 1:57PM

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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This six-unit apartment property comprises two single-story concrete-block buildings on contiguous parcels in unincorporated Hillsborough County. Each residence has two bedrooms and one bathroom. Individual central A/C serves all six units, and a common off-street parking area is provided. Kitchens and bathrooms have been updated, and newer appliances are in place. Both buildings received new roofs in 2024, with exterior painting completed that year as well.

The property is in the Clewell Heights First Addition subdivision, with access to local transit and routes connecting the Lutz and Tampa areas. The University of South Florida, shopping centers, and the USF Medical District are among the area destinations identified in the property information. Zoning is RMC-16 (Multi-Family).

Key Highlights

  • Six residential units, each with 2 bedrooms and 1 bathroom
  • Two single‑story concrete‑block buildings on contiguous parcels
  • New roofs and exterior paint completed in 2024

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Daycare Center Electrical Service HVAC Service Parking Lot & Garage

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

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

729
Businesses Nearby

Demographics for 33549, FL

17,816
Population
7,586
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
1,460
Density / Sq Mi
$85,066
Median Household Income
$53,991
Median Earnings
$1,582
Median Rent
$339,400
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two single-story masonry buildings include individual central A/C systems and shared off-street parking.
Where is this apartment building located?
The property is located at 2501 IRENE STREET Lutz, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Six residential units, each with 2 bedrooms and 1 bathroom; Two single‑story concrete‑block buildings on contiguous parcels; New roofs and exterior paint completed in 2024
More about this property
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