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Four-Unit Multifamily Property
New
For Sale
$650,000

3106 N 17TH Street, Tampa, FL 33605

Residential Income, TAMPA, FL

Property Size2,764 SF
Lot Size0.26 Acres
Price / SF$235.17
Days on Market2

Property Features for 3106 N 17TH Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning RS-50
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bathroom 1, Bathroom 3, Bathroom 6, Laundry Room, Bedroom 2, Bedroom 8, Bathroom 4, Bedroom 7, Bedroom 1, Bedroom 6, Bedroom 5, Bathroom 5, Bathroom 2, Bedroom 3
Parking features Covered
Window features Drapes
Patio and Porch features Porch
Interior features Ceiling Fans(s)
Exterior features Fence
Fencing Fenced
Appliances Dishwasher, Microwave, Range, Refrigerator
Subdivision KNOWLES
Lot features City Limits
Directions From I-275 take Exit 46 for Floribrada Ave east. Turn left onto N 17th St and head north. Property on the right at 3106 N 17th St.
Standard status Active
APN A-07-29-19-4V9-000006-00002.0
Size 2,764 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KNOWLES N 44.5 FT OF LOT 2 AND LOT 3 BLOCK 6
Tax Annual Amount 9620
Legal Description KNOWLES N 44.5 FT OF LOT 2 AND LOT 3 BLOCK 6

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

fenced yard

Building Details

Year built 1924
Floors in Building 2
Number of units 4
Flooring type Wood
Building materials Block, Brick
Roof type Shingle
Listing Agency: KELLER WILLIAMS TAMPA CENTRAL · Keller Williams Realty
Listed By: Kamilla Altunyan · License #SL3333610
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 10:06AM
MLS# TB8556502

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.

On a 0.26-acre parcel in Tampa’s Ybor area, this multifamily property contains a 1924 bungalow and a separate two-story triplex. The 2,764-square-foot property has four units: the main house offers 4 bedrooms and 3 bathrooms, while the triplex includes two 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. The buildings and all four units were renovated in 2020–2021.

Subsequent improvements include a fenced yard, triplex electrical work and laundry circuits, updated HVAC in the main house, and a new triplex roof in February 2026. Covered carport parking accommodates four vehicles. Tenants pay their own utilities, with water, sewer, and trash billed back monthly.

The main house and two triplex units are leased into 2027; the remaining unit is available. The property is near Ybor City, downtown Tampa, Channelside, and the Gasworx development.

Key Highlights

  • Four units: one 4‑bedroom, 3‑bathroom bungalow and three triplex apartments
  • 2,764 square feet on a 0.26‑acre lot
  • Unit mix includes two 1‑bedroom, 1‑bathroom apartments and one 2‑bedroom, 1‑bathroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,997
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,940 $599.9K
Cap Rate 7%
$428,529 $428.5K
Cap Rate 9%
$333,300 $333.3K
Market Conditions
NOI Build-Up for 2,764 SF
Gross rent
$58.7K $21.24/SF
− Vacancy
−$4.2K −$1.51/SF
EGI
$54.5K $19.73/SF
− OpEx
−$24.5K −$8.88/SF
NOI
$30.0K $10.85/SF
Area
Tampa, FL
Vacancy
7.10%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,940
Cap Rate 7%
$428,529
Cap Rate 9%
$333,300

Alternative Uses

Best Use
Apartment 5plus
$428.5K
$375.0K – $500.0K (±1% cap)
NOI $29,997 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$643.9K
$563.4K – $751.3K (±1% cap)
NOI $45,075 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy Carpet & Flooring Store Florist

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

4
Residential units
75%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby

Demographics for 33605, FL

18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - A renovated main residence and a separate two-story triplex provide a mix of leased and available units.
Where is this multifamily property located?
The property is located at 3106 N 17TH Street Tampa, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four units: one 4‑bedroom, 3‑bathroom bungalow and three triplex apartments; 2,764 square feet on a 0.26‑acre lot; Unit mix includes two 1‑bedroom, 1‑bathroom apartments and one 2‑bedroom, 1‑bathroom apartment
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