Remodeled Quadruplex Income
709 E CRENSHAW STREET, Tampa, FL 33604
Quadruplex - TAMPA, FL
Type:Quadruplex
Property size:
3,007 SFLot size:
0.25 AcresPrice / SF:
$222/SF- Added:
- Jan 23, 2026
- Days on Market:
- 133
- Last Refresh:
- Jun 4 at 11:06 pm
Property Features for 709 E CRENSHAW STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- SH-RS
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Window Treatments
- Exterior features
- Courtyard, Fence, Lighting
- Fencing
- Fenced
- Standard status
- Active
- APN
- A-25-28-18-4DY-000000-00018.0
- Size
- 3,007 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5747.07
Utilities
- Heating system
- Central, Ductless (Heating)
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1964
- Number of units
- 4
- Building materials
- Block, Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Ron Batten License #644303 (813) 244-9668
Listing office PEOPLE'S CHOICE REALTY SVC LLC 4014 Gunn Hwy, Suite 243, Tampa, FL (813) 933-0677
Listing date Jan 23, 2026
MLS# TB8468083
Listing URL
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.
HighLights
- Recently remodeled 1964 quadplex with a 4BR/1BA main house (1400 SF) plus three additional units in the back building
- Back building includes three units: two upstairs 1BR/1BA units and one 2BR/1BA bottom unit
- Split HVAC setup including central air plus wall/window and window unit(s); central heating and ductless (heating)
- Expected rents total $75,600+ per year for the quadplex (main house $2100-$2400/mo; units $1150/mo each and $1800/mo)
- Fenced property with a courtyard between units for privacy and exterior lighting
- On‑site parking includes 6 spaces in the front and a driveway to the back units
Overview
This remodeled quadruplex includes a main 4-bedroom, 1-bath unit and three additional units in a separate back building. The main home features recently updated interior and exterior paint, along with a remodeled kitchen and large bathroom. In the back building, there are two upstairs 1-bedroom, 1-bath units with true bedrooms, living rooms, kitchens, and baths, and they have also been freshly painted. A bottom 2-bedroom, 1-bath unit is separately configured with a large kitchen, split bedroom plan, large living room, and remodeled bath. Recent improvements noted in the remarks include new exterior and interior paint, and a new roof for the back building. The property also has a courtyard between the units.
The asset is located at 709 E Crenshaw Street in Tampa, Florida 33604. The remarks note ample front parking with six spaces, plus a driveway leading to the back units, which supports practical day-to-day access for residents and visitors.
As a for-sale residential income property, this configuration supports a tenant-mix across three 1-bedroom units and one larger 2-bedroom unit, alongside the main 4-bedroom unit. The property is described as vacant and easy to show, which can help streamline access for buyers and their representatives while evaluating the updated interior finishes and unit mix.
The asset is located at 709 E Crenshaw Street in Tampa, Florida 33604. The remarks note ample front parking with six spaces, plus a driveway leading to the back units, which supports practical day-to-day access for residents and visitors.
As a for-sale residential income property, this configuration supports a tenant-mix across three 1-bedroom units and one larger 2-bedroom unit, alongside the main 4-bedroom unit. The property is described as vacant and easy to show, which can help streamline access for buyers and their representatives while evaluating the updated interior finishes and unit mix.
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 | $53.8k | $17.88 |
| − Vacancy | −$3.6k | −$1.21 |
| EGI | $50.1k | $16.67 |
| − OpEx | −$15.0k | −$5.00 |
| NOI | $35.1k | $11.67 |
3,007 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.4K
$438.7K – $585.0K
NOI $35,099 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$466.2K
$407.9K – $543.9K
NOI $32,634 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$700.5K
$613.0K – $817.3K
NOI $49,038 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.45097
- Latitude
- 28.01511
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Recently remodeled quadplex with ample parking and a courtyard layout, offering multiple rental unit configurations.
Where is this quadplex located?
The property is located at 709 E CRENSHAW STREET Tampa, FL.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Recently remodeled 1964 quadplex with a 4BR/1BA main house (1400 SF) plus three additional units in the back building; Back building includes three units: two upstairs 1BR/1BA units and one 2BR/1BA bottom unit; Split HVAC setup including central air plus wall/window and window unit(s); central heating and ductless (heating)
