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Duplex on Corner Lot

9318 N 11TH Street, Tampa, FL 33612

For Sale
$320,000

Residential Income, TAMPA, FL

Property Size1,482 SF
Lot Size0.22 Acres
Price / SF$215.92
Days on Market418

Property Features for 9318 N 11TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RS-50
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 2
Parking features Driveway
Window features Blinds
Patio and Porch features Porch, Patio
Interior features Built-in Features, Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor
Exterior features Fence, Sidewalk
Fencing Fenced
Appliances Microwave, Range, Range Hood, Refrigerator
Subdivision GATEWAY SUB
Lot features Corner Lot, Sidewalk
Elementary school Forest Hills-HB
Middle school Adams-HB
High school Chamberlain-HB
Directions From Copeland Park (11001 N 15th St, Tampa, FL 33612) head southwest, turn right, turn left toward N 15th St, turn left onto N 15th St, turn right onto E Linebaugh Ave., turn left onto N 11th St, turn right onto E Annie St, turn left onto N 11th St, destination will be on the right.
Standard status Active
APN A-19-28-19-45D-000006-00005.0
Size 1,482 SF
Lot size 0.22 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description GATEWAY SUBDIVISION LOT 5 & E 1/2 CLOSED ALLEY ABUTTING THEREON BLK 6
Tax Annual Amount 2635
Legal Description GATEWAY SUBDIVISION LOT 5 & E 1/2 CLOSED ALLEY ABUTTING THEREON BLK 6

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Ductless (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1974
Floors in Building 2
Number of units 2
Flooring type Tile
Building materials Block, Stucco
Listing Agency: KELLER WILLIAMS SOUTH TAMPA · Keller Williams Realty
Listed By: Correy Smith · License FL #261552498
Added: Sep 19, 2025 Changed: Nov 10 Last Checked: Nov 10 at 5:06PM
MLS# TB8426470

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.

Built in 1974, this block-constructed duplex contains two apartments, each with two bedrooms and one bathroom. Together, they provide 1,482 square feet of living area on a 0.22-acre corner parcel. Both units are occupied and feature open floor plans, tile floors, ceiling fans, and window air-conditioning units.

The property has RS-50 zoning, a partially fenced yard, driveway parking, and a patio and porch. Public water and sewer serve the site.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • 1,482 square feet of living area
  • 0.22‑acre corner lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,299
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,980 $346.0K
Cap Rate 7%
$247,129 $247.1K
Cap Rate 9%
$192,211 $192.2K
Market Conditions
NOI Build-Up for 1,482 SF
Gross rent
$26.5K $17.88/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$24.7K $16.67/SF
− OpEx
−$7.4K −$5.00/SF
NOI
$17.3K $11.67/SF
Area
ZIP 33612
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%
$345,980
Cap Rate 7%
$247,129
Cap Rate 9%
$192,211

Alternative Uses

Best Use
Multifamily LT 5
$247.1K
$216.2K – $288.3K (±1% cap)
NOI $17,299 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$229.8K
$201.1K – $268.1K (±1% cap)
NOI $16,084 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$337.6K
$295.4K – $393.9K (±1% cap)
NOI $23,631 @ 7.0% cap · market cap 7.38%
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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,247
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

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 - Both apartments are tenant-occupied and feature open layouts with tile flooring.
Where is this duplex located?
The property is located at 9318 N 11TH Street Tampa, FL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 1,482 square feet of living area; 0.22‑acre corner lot
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