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Quadplex with Covered Parking
New
For Sale
$1,200,000

408 S MELVILLE AVENUE, Tampa, FL 33606

Four two-bedroom units offer private entries, outdoor areas, shared laundry, and dedicated tenant parking.

Property Size2,300 SF
Lot Size0.19 Acres
Price / SF$521.74
Days on Market4

Property Features for 408 S MELVILLE AVENUE

General Information

Standard status Active
Size 2,300 SF
Total Parking Spaces 6
Lot size 0.19 Acres
Property subtype Quadruplex
Zoning RM-24

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

private entrances
designated outdoor lounging space
shared laundry
bike storage

Building Details

Year Built 1956
Buildings 2
Listing Agency: KELLER WILLIAMS TAMPA PROPERTIES
Listed By: Mike Hydorn · License #3305911
Source: Dennisrealty
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 4 at 5:08AM

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 KELLER WILLIAMS TAMPA PROPERTIES

Investment Insights

Based on property information with market context.

This multifamily property consists of two single-story duplex buildings containing four total units. Each residence has two bedrooms, a full bathroom with tub, a living room, and a kitchen. Private entrances and designated outdoor lounging areas provide separation between units, while fenced exterior space adds room for bike storage or similar uses. A shared laundry closet with coin-operated machines is attached to the carport, alongside an owner’s storage closet.

The property is located two blocks from Tampa’s SoHo entertainment district and less than half a mile from Hyde Park Village. Six tenant parking spaces are provided behind the buildings, including four open spaces and two beneath the carport. The 65' x 126' lot contains 8,190 square feet and is zoned RM-24. Each unit has an individual electric meter, with one water meter serving the property. Built in 1956.

Key Highlights

  • Four total units arranged as two single‑story duplex buildings
  • Each unit includes 2 bedrooms, 1 shared full bathroom, living room, and kitchen
  • Six designated tenant parking spaces: 4 open and 2 under carport

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Locksmith Grocery & Convenience Store Clothing & Fashion Store Pet Grooming Service

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,188
Businesses Nearby

Demographics for 33606, FL

22,271
Population
10,918
Households
2
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
6,749
Density / Sq Mi
$113,634
Median Household Income
$46,311
Median Earnings
$1,931
Median Rent
$796,000
Median Home Value

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?
Quadplex - Four two-bedroom units offer private entries, outdoor areas, shared laundry, and dedicated tenant parking.
Where is this quadplex located?
The property is located at 408 S MELVILLE AVENUE Tampa, 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: Four total units arranged as two single‑story duplex buildings; Each unit includes 2 bedrooms, 1 shared full bathroom, living room, and kitchen; Six designated tenant parking spaces: 4 open and 2 under carport
More about this property
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