4-Unit Multifamily
For Sale
Under Contract
$714,000
TAMPA, FL 33613, Tampa, FL 33613
Residential Income, TAMPA, FL
Property Size3,472 SF
Lot Size0.18 Acres
Price / SF$205.65
Days on Market98
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RMC-20
Bedrooms
48
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 17, Bedroom 44, Bedroom 16, Dining Room, Bedroom 48, Bedroom 25, Bedroom 45, Bedroom 7, Bathroom 4, Bedroom 35, Bedroom 23, Bedroom 32, Bathroom 3, Bedroom 6, Bedroom 20, Bedroom 27, Bedroom 28, Bedroom 41, Bedroom 22, Bedroom 43, Bedroom 5, Bedroom 46, Bedroom 15, Bedroom 9, Bedroom 42, Bedroom 34, Bathroom 2, Bedroom 13, Bedroom 4, Bedroom 47, Bedroom 14, Bedroom 38, Bedroom 10, Bedroom 33, Bedroom 39, Bedroom 2, Bedroom 3, Bedroom 11, Bedroom 31, Bedroom 18, Bathroom 1, Bedroom 19, Bedroom 8, Bedroom 24, Bedroom 36, Bedroom 21, Bedroom 37, Bedroom 29, Bedroom 12, Bedroom 40, Bedroom 1, Bedroom 30, Bedroom 26
Parking features
Driveway
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo
Subdivision
HAMNERS W E PINE VISTA FIRST
Standard status
Active Under Contract
Size
3,472 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9853
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer hookups
Building Details
Year built
1984
Flooring type
Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
FUTURE HOME REALTY INC
(813) 855-4982
Listed By:
Jerome Thompson · License #663849
(813) 493-2208
Added: Jul 8
Changed: Oct 8
Last Checked: Oct 13 at 11:06PM
MLS# TB8527202
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 four-unit multifamily property contains 3,472 square feet on a 0.18-acre parcel. Each residence has three bedrooms and washer and dryer hookups. Two units are occupied; the other two have been remodeled and are ready for leasing. Built in 1984, the brick property has central heating and air conditioning, vinyl flooring, driveway parking, and RMC-20 zoning.
The property is near I-275, I-75, US-41, and Fletcher Avenue, with access to USF, Moffitt Cancer Center, AdventHealth Tampa, shopping, dining, and public transportation. Public water and sewer serve the site; electricity is available.
The property is near I-275, I-75, US-41, and Fletcher Avenue, with access to USF, Moffitt Cancer Center, AdventHealth Tampa, shopping, dining, and public transportation. Public water and sewer serve the site; electricity is available.
Key Highlights
- Four units, each with three bedrooms and washer and dryer hookups
- Two units occupied; two remodeled units ready for lease
- 3,472 square feet on 0.18 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,527
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,540
$810.5K
Cap Rate 7%
$578,957
$579.0K
Cap Rate 9%
$450,300
$450.3K
Market Conditions
NOI Build-Up for 3,472 SF
Gross rent
$62.1K $17.88/SF
− Vacancy
−$4.2K −$1.21/SF
EGI
$57.9K $16.67/SF
− OpEx
−$17.4K −$5.00/SF
NOI
$40.5K $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%
$810,540
Cap Rate 7%
$578,957
Cap Rate 9%
$450,300
Alternative Uses
Best Use
Multifamily LT 5
$579.0K
$506.6K – $675.5K
NOI $40,527 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$538.3K
$471.0K – $628.0K
NOI $37,680 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$808.9K
$707.8K – $943.7K
NOI $56,621 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
Demographics for 33613, FL
38,801
Population
17,686
Households
2.2
Avg Household Size
30
Median Age
29%
College-Educated
84%
High-School Grad
7.4 sq mi
ZIP Area
5,243
Density / Sq Mi
$44,642
Median Household Income
$30,911
Median Earnings
$1,178
Median Rent
$219,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Two residences are occupied, while two remodeled units are ready for lease.
Where is this quadplex located?
The property is located at Tampa, FL.
What is the asking price?
The asking price for this property is $714,000.
What are key features of this property?
This property features: Four units, each with three bedrooms and washer and dryer hookups; Two units occupied; two remodeled units ready for lease; 3,472 square feet on 0.18 acres
