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Two-Unit Duplex With Separate Meters

8405 N ALASKA STREET Tampa, FL 33604

8405 N ALASKA STREET, Tampa, FL, 33604
$289,900
Pending
For Sale
$289,900
Pending

Duplex - TAMPA, FL

Property Size1,624 SF
Lot Size0.11 Acres
Days on Market161

Property Features for 8405 N ALASKA STREET

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-50
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Pets allowed
Yes
Interior features
Ceiling Fans(s)
Standard status
Pending
APN
A-19-28-19-45M-000016-00007.0
Size
1,624 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
3777

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1982
Number of units
2
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency KELLER WILLIAMS TAMPA CENTRAL
1208 E Kennedy Blvd, Tampa, FL
Listed by Bradley Chais · License #3135765
Added: Feb 5 Checked: Jul 16 at 6:06 pm
MLS# TB8473364 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.


Investment Insights

Based on property information with market context.

This well-maintained duplex offers two separate 2-bedroom, 1-bath units with functional layouts. The downstairs and upstairs residences are both occupied by long-term tenants, and both units feature bright interiors with updated finishes. Each unit has its own electric meter, while the owner covers water and sewer. Outside, the property includes low-maintenance concrete pavers and a usable outdoor area, supporting straightforward day-to-day maintenance. The duplex is being sold as-is, and the seller is accepting cash or hard money only.

Located on a quiet residential street in Tampa, the property is positioned near major roads and everyday conveniences, including shopping and dining. The overall setting supports a comfortable, neighborhood tenant experience while keeping access to essential amenities within reach.

For investors or buyers seeking a clean, low-complexity rental setup, the asset is already fully rented with both units providing steady in-place income. With separate utilities by unit and two distinct living spaces, the duplex may appeal to operators looking to manage a compact two-home portfolio. Under contract with accepting backup offers, this property is a practical option for those interested in acquiring a maintained duplex with occupied units and clear utility responsibility.

Key Highlights

  • Duplex in Tampa built in 1982 with central heating and central air
  • 2 separate 2‑bedroom, 1‑bath units with bright interiors and ceiling fans
  • Both units are fully rented: $1,400/month downstairs and $1,300/month upstairs (gross rents $2,700/month)

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 $29.0k $17.88
− Vacancy −$2.0k −$1.21
EGI $27.1k $16.67
− OpEx −$8.1k −$5.00
NOI $19.0k $11.67
1,624 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$270.8K
$237.0K – $315.9K (±1% cap)
NOI $18,956 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$251.8K
$220.3K – $293.8K (±1% cap)
NOI $17,625 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$378.3K
$331.1K – $441.4K (±1% cap)
NOI $26,484 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Law Firm Skin Care Clinic Butcher Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Restaurant

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

FAQs

What type of property is this?
Duplex - Duplex with two fully rented 2-bedroom units, each with its own electric meter and updated interiors.
Where is this duplex located?
The property is located at 8405 N ALASKA STREET Tampa, FL.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Duplex in Tampa built in 1982 with central heating and central air; 2 separate 2‑bedroom, 1‑bath units with bright interiors and ceiling fans; Both units are fully rented: $1,400/month downstairs and $1,300/month upstairs (gross rents $2,700/month)
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