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12-Unit Multifamily Property
New
For Sale
$438,000

923 E 122ND AVE, Tampa, FL 33612

Multifamily portfolio with one-bedroom, one-bath residences and no stated rental restrictions.

Property Size578 SF
Days on Market7

Property Features for 923 E 122ND AVE

General Information

Standard status Active
Size 578 SF
Property subtype Duplex

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Additional Details

Average Monthly Rent $1,300

Building Details

Building Size 578 SF
Year Built 1965
Buildings 6
Listing Agency: FUTURE HOME REALTY INC
Listed By: Kristen Mendez · License #3352686
Source: Kingofrealestate
Added: Sep 15 Changed: Sep 19 Last Checked: Sep 20 at 10:03AM

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 FUTURE HOME REALTY INC

Investment Insights

Based on property information with market context.

This multifamily property includes six buildings containing 12 one-bedroom, one-bath units on an entire block in Tampa. The residences offer spacious layouts, and the improvements date to 1965. The portfolio is positioned as a single acquisition comprising multiple rental buildings rather than an individual apartment structure.

The property is located at 923 E 122ND AVE in Tampa, with the University of South Florida identified as a nearby institution. The source information also identifies flexibility for rental strategies, including long-term, short-term, and student-oriented housing, subject to applicable requirements.

Key Highlights

  • Six buildings containing 12 one‑bedroom, one‑bath units
  • Entire block assembled under one portfolio
  • Built in 1965

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Acupuncture Carpet & Flooring Store Veterinary Clinic

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,468
Businesses Nearby

Demographics for 33612, FL

49,452
Population
21,228
Households
2.3
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
4,995
Density / Sq Mi
$43,919
Median Household Income
$32,724
Median Earnings
$1,259
Median Rent
$249,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily portfolio with one-bedroom, one-bath residences and no stated rental restrictions.
Where is this multifamily property located?
The property is located at 923 E 122ND AVE Tampa, FL.
What is the asking price?
The asking price for this property is $438,000.
What are key features of this property?
This property features: Six buildings containing 12 one‑bedroom, one‑bath units; Entire block assembled under one portfolio; Built in 1965
More about this property
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