Prime 6-Unit Multi-Family Investment Package | Lutz, FL.. An exceptional turnkey investment opportunity located in unincorporated Hillsborough County. This multi-family package consists of two contiguous parcels featuring two single-story, concrete block buildings totaling 6 residential units (each 2 Bed / 1 Bath). Situated in the Clewell Heights First Addition subdivision, the properties offer strong, stable cash flow driven by long-term tenants and high local rental demand.
Key Property Highlights
Turnkey Condition & Recent Capital Improvements:
New Roofs (2024) across both structures.
Exterior Paint (2024) and well-maintained grounds.
Updated kitchens and bathrooms with newer appliances.
Low-Maintenance Construction: Durable solid concrete block/masonry construction on slab foundations with asphalt shingle roofing and individual central A/C units for every unit.
Tenant Amenities: Dedicated common off-street parking lot and convenient access to local transit.
High-Demand Location: Positioned just minutes from the University of South Florida (USF), major shopping centers, and key thoroughfares connecting Tampa, Lutz, Land O’ Lakes, and Wesley Chapel.
Property & Parcel Breakdown: Parcel 1 (Folio: 035006-0000) Parcel 2 (Folio: 035007-0000)
Combined Total Portfolio
Site Address 2501 Irene St, Lutz, FL 33549
Unit Count. 4 Units (2 Bed / 1 Bath) 2 Units (2 Bed / 1 Bath) 6 Total Units.
Year Built 1971
Living Area (Heated)
2,500 sq. ft.
~1,134–1,200 sq. ft.
~3,634–3,700 sq. ft.
Lot Size 17,000 sq. ft. (~0.39 Acres)
RMC-16 (Multi-Family)
Concrete Block / Masonry on Slab
Central A/C 6 units Individual Central A/C
New Roofs (2024)
Legal Description Clewell Heights First Add Lot 4 Block 2, Clewell Heights First Add Lot 5 Block 2
Lutz/North Tampa is one of the region’s most consistent rental submarkets, sustained by proximity to major employment hubs and top academic institutions.
Connectivity: Immediate access to major arteries providing quick commutes to Downtown Tampa, USF Medical District, and rapidly growing suburban hubs like Wesley Chapel.
Key Property Highlights
Turnkey Condition & Recent Capital Improvements:
New Roofs (2024) across both structures.
Exterior Paint (2024) and well-maintained grounds.
Updated kitchens and bathrooms with newer appliances.
Low-Maintenance Construction: Durable solid concrete block/masonry construction on slab foundations with asphalt shingle roofing and individual central A/C units for every unit.
Tenant Amenities: Dedicated common off-street parking lot and convenient access to local transit.
High-Demand Location: Positioned just minutes from the University of South Florida (USF), major shopping centers, and key thoroughfares connecting Tampa, Lutz, Land O’ Lakes, and Wesley Chapel.
Property & Parcel Breakdown: Parcel 1 (Folio: 035006-0000) Parcel 2 (Folio: 035007-0000)
Combined Total Portfolio
Site Address 2501 Irene St, Lutz, FL 33549
Unit Count. 4 Units (2 Bed / 1 Bath) 2 Units (2 Bed / 1 Bath) 6 Total Units.
Year Built 1971
Living Area (Heated)
2,500 sq. ft.
~1,134–1,200 sq. ft.
~3,634–3,700 sq. ft.
Lot Size 17,000 sq. ft. (~0.39 Acres)
RMC-16 (Multi-Family)
Concrete Block / Masonry on Slab
Central A/C 6 units Individual Central A/C
New Roofs (2024)
Legal Description Clewell Heights First Add Lot 4 Block 2, Clewell Heights First Add Lot 5 Block 2
Lutz/North Tampa is one of the region’s most consistent rental submarkets, sustained by proximity to major employment hubs and top academic institutions.
Connectivity: Immediate access to major arteries providing quick commutes to Downtown Tampa, USF Medical District, and rapidly growing suburban hubs like Wesley Chapel.
Property Details
Price:
$1,200,000
MLS #:
TB8553176
Status:
Active
Beds:
12
Baths:
6
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CLEWELL HEIGHTS FIRST ADD
Neighborhood:
33549lutz
Listed Date:
Sep 30, 2026
Finished Sq Ft:
3,634
Total Sq Ft:
3,768
Lot Size:
17,000 sqft / 0.39 acres (approx)
Year Built:
1971
Units:
6
See this Listing
Schools
Elementary School:
Mort-HB
Middle School:
Buchanan-HB
High School:
Freedom-HB
Interior
Appliances
Electric Water Heater, Microwave, Refrigerator
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
Laundry Features
None
Levels
One
Exterior
Construction Materials
Block
Exterior Features
Private Entrance, Private Mailbox, Private Yard
Lot Features
In County, Landscaped, Level, Street Dead-End
Open Parking YN
1
Parking Features
Assigned, Common, Driveway, Ground Level, Off Street, Open, Parking Pad
Patio And Porch Features
Covered, Porch
Roof
Shingle
Window Features
Aluminum Frames
Financial
Tax Year
2025
Taxes
$8,271
Map
Community
- Address2501 IRENE STREET LUTZ FL
- SubdivisionCLEWELL HEIGHTS FIRST ADD
- CityLUTZ
- CountyHillsborough
- Zip Code33549
Market Summary
Current real estate data for Multi Family in LUTZ as of Oct 18, 2026
1
Multi Family Listed
18
Avg DOM
330
Avg $ / SqFt
$1,200,000
Avg List Price
Property Summary
- Located in the CLEWELL HEIGHTS FIRST ADD subdivision, 2501 IRENE STREET LUTZ FL is a Multi Family for sale in LUTZ, FL, 33549. It is listed for $1,200,000 To schedule a showing of MLS#tb8553176 at 2501 IRENE STREET in LUTZ, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of COLDWELL BANKER REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 2501 IRENE STREET
LUTZ, FL