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2-Unit Duplex

8604 N BRANCH Avenue, Tampa, FL 33604

For Sale
$325,000

Residential, TAMPA, FL

Property Size1,296 SF
Lot Size0.11 Acres
Price / SF$250.77
Days on Market195

Property Features for 8604 N BRANCH Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RM-16
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Pets allowed Yes
Interior features Ninguno
Exterior features Garden
Appliances Convection Oven, Refrigerator
Subdivision IRVINTON HEIGHTS
Directions From Downtown Tampa, head north on I-275. Take Exit 48 for Sligh Ave and head east. Turn left onto N Nebraska Ave, then right onto E Sitka St. Continue and turn left onto N Branch Ave. The property will be on your right at 8604 N Branch Ave.
Standard status Active
APN A-24-28-18-3EF-000005-00005.0
Size 1,296 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description IRVINTON HEIGHTS LOT 5 AND E 1/2 OF VAC ALLEY ABUTTING ON W BLOCK 5
Tax Annual Amount 851
Legal Description IRVINTON HEIGHTS LOT 5 AND E 1/2 OF VAC ALLEY ABUTTING ON W BLOCK 5

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air
Water source Public

Building Details

Year built 1987
Floors in Building 2
Flooring type Vinyl
Building materials Stucco
Roof type Shingle
Buildings 1
Listing Agency: EXP REALTY LLC
Listed By: Bryant Solano · License FL #3536929
Added: Apr 30 Changed: Nov 6 Last Checked: Nov 10 at 5:06PM
MLS# TB8502047

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two residences, each with two bedrooms and one bathroom. The combined building area is 1,296 square feet, with approximately 648 square feet per unit. The 0.11-acre property is zoned RM-16. A shingle roof was replaced in 2018; one unit received a new A/C unit in 2026, while the other has wall A/C.

The property is in North Tampa, near shopping, dining and major roadways, with access to downtown Tampa, USF and area employment centers.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 1,296 square feet total; approximately 648 square feet per unit
  • 0.11‑acre lot zoned RM‑16

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,127
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,540 $302.5K
Cap Rate 7%
$216,100 $216.1K
Cap Rate 9%
$168,078 $168.1K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$23.2K $17.88/SF
− Vacancy
−$1.6K −$1.21/SF
EGI
$21.6K $16.67/SF
− OpEx
−$6.5K −$5.00/SF
NOI
$15.1K $11.67/SF
Area
Tampa, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,540
Cap Rate 7%
$216,100
Cap Rate 9%
$168,078

Alternative Uses

Best Use
Multifamily LT 5
$216.1K
$189.1K – $252.1K (±1% cap)
NOI $15,127 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$200.9K
$175.8K – $234.4K (±1% cap)
NOI $14,065 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$301.9K
$264.2K – $352.3K (±1% cap)
NOI $21,135 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,340
Businesses Nearby

Demographics for 33604, FL

39,071
Population
17,053
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,209
Density / Sq Mi
$55,988
Median Household Income
$39,537
Median Earnings
$1,326
Median Rent
$264,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Tampa, FL

$281 Jul
$279 Aug
$276 Sep
$284 Oct

Properties on Market for Duplexes in Tampa

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with a practical layout suited to rental occupancy.
Where is this duplex located?
The property is located at 8604 N BRANCH Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,296 square feet total; approximately 648 square feet per unit; 0.11‑acre lot zoned RM‑16
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