4-Unit Duplex
For Sale
$599,000
8726 & 8728 N 48TH ST, Tampa, FL 33617
Two block-construction buildings offer four two-bedroom residences, each with a private yard and dedicated laundry room.
Property Size1,576 SF
Price / SF$380.08
Days on Market127
Property Features for 8726 & 8728 N 48TH ST
General Information
Standard status
Active
Size
1,576 SF
Property subtype
Duplex
Site & Location
Neighborhood
Temple Crest Civic Association, Inc.
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Parking per Unit
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,972
Building Details
Building Size
1,576 SF
Year Built
1972
Buildings
2
Construction
Block-Construction
Listing Agency:
DALTON WADE INC
Listed By:
Vivian Resnick · License #3285942
(888) 668-8283
Source:
Cbaquaterrarealty
Added: Jun 26
Changed: Oct 26
Last Checked: Oct 26 at 11:29AM
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 DALTON WADE INC
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Investment Insights
Based on property information with market context.
The property comprises two block-construction duplexes with four units across two separate parcels. Each residence has two bedrooms, one bathroom, a dedicated laundry room, a fenced private yard, and two assigned parking spaces. The buildings were constructed in 1972 and total 1,576 square feet.
Most units are leased. Tenants pay their own utilities, including water and trash, and each duplex has separate water metering. The property is not in a flood zone.
Most units are leased. Tenants pay their own utilities, including water and trash, and each duplex has separate water metering. The property is not in a flood zone.
Key Highlights
- Four units across two separate parcels
- Two block‑construction duplexes, built in 1972
- Each unit has 2 bedrooms, 1 bathroom, and a dedicated laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,396
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,920
$367.9K
Cap Rate 7%
$262,800
$262.8K
Cap Rate 9%
$204,400
$204.4K
Market Conditions
NOI Build-Up for 1,576 SF
Gross rent
$28.2K $17.88/SF
− Vacancy
−$1.9K −$1.21/SF
EGI
$26.3K $16.67/SF
− OpEx
−$7.9K −$5.00/SF
NOI
$18.4K $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%
$367,920
Cap Rate 7%
$262,800
Cap Rate 9%
$204,400
Alternative Uses
Best Use
Multifamily LT 5
$262.8K
$230.0K – $306.6K
NOI $18,396 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$244.3K
$213.8K – $285.1K
NOI $17,104 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$367.2K
$321.3K – $428.4K
NOI $25,701 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
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Business Placement
Demographics for 33617, FL
48,267
Population
21,912
Households
2.2
Avg Household Size
33
Median Age
29%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
5,485
Density / Sq Mi
$48,651
Median Household Income
$33,710
Median Earnings
$1,337
Median Rent
$267,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two block-construction buildings offer four two-bedroom residences, each with a private yard and dedicated laundry room.
Where is this duplex located?
The property is located at 8726 & 8728 N 48TH ST Tampa, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four units across two separate parcels; Two block‑construction duplexes, built in 1972; Each unit has 2 bedrooms, 1 bathroom, and a dedicated laundry room
