Updated 2-Unit
New
For Sale
$430,000
2524 W CARMEN Street, Tampa, FL 33609
Residential Income, TAMPA, FL
Property Size1,200 SF
Lot Size0.11 Acres
Price / SF$358.33
Days on Market3
Property Features for 2524 W CARMEN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-16
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking features
Open
Window features
Blinds
Patio and Porch features
Porch
Pets allowed
Yes, Cats OK, Dogs OK
Interior features
Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters
Exterior features
Fence, Private Mailbox, Private Yard
Fencing
Fenced
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Subdivision
WEST PINES REV MAP
Lot features
City Limits, Level, Paved
Elementary school
Mitchell-HB
Middle school
Wilson-HB
High school
Plant-HB
Directions
From Downtown Tampa, head west on FL-60 / Kennedy Blvd for 2.2 miles. Turn right (north) onto N Habana Avenue for .3 miles and then turn right onto W Carmen Street - second home on your right hand side. Located in between N MacDill and Armenia Avenue.
Standard status
Active
APN
A-22-29-18-4IF-000010-00011.0
Size
1,200 SF
Lot size
0.11 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
water, electricity
Taxes and HOA fees
Tax Year
2025
Tax Description
WEST PINES REVISED MAP LOT 11 BLOCK 10
Tax Annual Amount
6717
Legal Description
WEST PINES REVISED MAP LOT 11 BLOCK 10
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer
fenced yard area
Building Details
Year built
1969
Floors in Building
1
Flooring type
Vinyl
Building materials
Block, Wood Siding
Roof type
Shingle
Buildings
1
Listing Agency:
KELLER WILLIAMS TAMPA CENTRAL · Keller Williams Realty
(813) 865-0700
Listed By:
Amy Greenfield · License #3190097
(813) 777-6104
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 10:06AM
MLS# TB8562463
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.
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Investment Insights
Based on property information with market context.
This 1,200-square-foot duplex contains two updated residences, each with two bedrooms and one full bathroom. Both units have their own washer and dryer, and water and electric service are separately metered. The property also features fenced yard areas, central heating and air conditioning, and open parking. Built in 1969, the building is zoned RM-16 and occupies a 0.11-acre lot.
The property is in the Plant High School District, near restaurants and Vila Brothers Park. I-275, Downtown Tampa, and South Tampa are described as minutes away. The surrounding area includes single-family homes.
The property is in the Plant High School District, near restaurants and Vila Brothers Park. I-275, Downtown Tampa, and South Tampa are described as minutes away. The surrounding area includes single-family homes.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bath
- 1,200 square feet on a 0.11‑acre lot
- Separate water and electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,007
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,140
$280.1K
Cap Rate 7%
$200,100
$200.1K
Cap Rate 9%
$155,633
$155.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.5K $17.88/SF
− Vacancy
−$1.4K −$1.21/SF
EGI
$20.0K $16.67/SF
− OpEx
−$6.0K −$5.00/SF
NOI
$14.0K $11.67/SF
Area
Tampa, FL
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%
$280,140
Cap Rate 7%
$200,100
Cap Rate 9%
$155,633
Alternative Uses
Best Use
Multifamily LT 5
$200.1K
$175.1K – $233.5K
NOI $14,007 @ 7.0% cap · market cap 3.26%
Second Best
Apartment 5plus
$186.0K
$162.8K – $217.1K
NOI $13,023 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$279.6K
$244.6K – $326.2K
NOI $19,570 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,312
Businesses Nearby
Explore this area
Business Placement
Demographics for 33609, FL
17,902
Population
9,169
Households
2
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
4.0 sq mi
ZIP Area
4,476
Density / Sq Mi
$105,083
Median Household Income
$66,567
Median Earnings
$1,818
Median Rent
$526,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes in-unit laundry, individual utility meters, and access to a fenced yard area.
Where is this duplex located?
The property is located at 2524 W CARMEN Street Tampa, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bath; 1,200 square feet on a 0.11‑acre lot; Separate water and electric meters for each unit
