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Renovated Quadruplex with Separate Meters

2914 N 10TH STREET Tampa, FL 33605

2914 N 10TH STREET, Tampa, FL, 33605
$700,000
For Sale
$700,000

Four vacant, renovated units with separate water and electric meters, including a 6-bed primary residence.

Property Size3,274 SF
Price / SF$213.81
Days on Market480

Property Features for 2914 N 10TH STREET

General Information

Standard status
Active
Size
3,274 SF
Property subtype
Multi Family

Building Details

Year Built
1926
Listing agency REAL BROKER, LLC
Listed by Christian Dubuche, PLLC · License #3607498
Source Exitrealty
Added: Mar 30, 2025 Updated: Jul 21 at 8:03AM Checked: Jul 21 at 8:03AM

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 REAL BROKER, LLC


Investment Insights

Based on property information with market context.

This renovated quadruplex offers four vacant units ready for new tenants or owner-occupancy. The property’s primary unit includes six bedrooms, two and a half bathrooms, tile flooring throughout, central A/C, ceiling fans, a front porch, and an eat-in kitchen with a living room and dining room. Additional interior features include a second-story exterior entrance and a very spacious attic area. The remaining three units continue to support flexible living and income potential.

Each unit is separately metered for water and electrical service, helping keep utilities tenant-controlled. The property is located in the Ybor City area with convenient access to Interstate I-4, the trolley, and other public transportation for commuting to downtown Tampa and other business districts.

Unit mix includes a 2 bed/1 bath, a 1 bed/1 bath, and a studio, with expected monthly rents provided for each unit.

Key Highlights

  • 1926‑built fourplex in Ybor City with four vacant renovated units ready for new tenants or owners
  • Primary unit: 6 bed/2.5 bath with tile flooring, central A/C, ceiling fans, eat‑in kitchen, and living and dining rooms
  • Includes separate water and electrical meters for each unit so tenants pay utilities

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $58.5k $17.88
− Vacancy −$3.9k −$1.21
EGI $54.6k $16.67
− OpEx −$16.4k −$5.00
NOI $38.2k $11.67
3,274 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$545.9K
$477.7K – $636.9K (±1% cap)
NOI $38,216 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$507.6K
$444.1K – $592.2K (±1% cap)
NOI $35,531 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$762.7K
$667.4K – $889.9K (±1% cap)
NOI $53,392 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store Plumbing Service Acupuncture Computer & Electronic Repair Pet Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Four vacant, renovated units with separate water and electric meters, including a 6-bed primary residence.
Where is this quadplex located?
The property is located at 2914 N 10TH STREET Tampa, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1926‑built fourplex in Ybor City with four vacant renovated units ready for new tenants or owners; Primary unit: 6 bed/2.5 bath with tile flooring, central A/C, ceiling fans, eat‑in kitchen, and living and dining rooms; Includes separate water and electrical meters for each unit so tenants pay utilities
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