4-Unit Investment Property – Strong Cash Flow + Upside Potential
Fantastic opportunity to own an updated, income-producing multi-family property just minutes from St. Petersburg. This large, two-story building features 4 identical units, each offering 2 bedrooms and 1 bathroom, with two units upstairs and two downstairs.
The property has been renovated in 2025, with updated interiors and a freshly painted exterior, providing a no-deferred-maintenance investment. Each unit is in great condition, making this a turnkey asset ready for immediate cash flow.
Currently generating $5,400/month (3 units at $1,400 and 1 unit at $1,200), this property already cash flows well, with future rent increase potential to further boost returns.Situated on a large lot, the property offers ample parking in both the front and rear, along with a fully fenced yard for added privacy and security. Located in a quiet residential neighborhood, yet just minutes from downtown and with quick access to I-275, this location is highly attractive to tenants.
Fantastic opportunity to own an updated, income-producing multi-family property just minutes from St. Petersburg. This large, two-story building features 4 identical units, each offering 2 bedrooms and 1 bathroom, with two units upstairs and two downstairs.
The property has been renovated in 2025, with updated interiors and a freshly painted exterior, providing a no-deferred-maintenance investment. Each unit is in great condition, making this a turnkey asset ready for immediate cash flow.
Currently generating $5,400/month (3 units at $1,400 and 1 unit at $1,200), this property already cash flows well, with future rent increase potential to further boost returns.Situated on a large lot, the property offers ample parking in both the front and rear, along with a fully fenced yard for added privacy and security. Located in a quiet residential neighborhood, yet just minutes from downtown and with quick access to I-275, this location is highly attractive to tenants.
Property Details
Price:
$599,999
MLS #:
TB8503357
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CROMWELL HEIGHTS
Neighborhood:
33705stpete
Listed Date:
Apr 29, 2026
Finished Sq Ft:
2,892
Lot Size:
6,434 sqft / 0.15 acres (approx)
Year Built:
1925
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
Wall Units / Window Unit
Interior Features
Ceiling Fan(s)
Laundry Features
None
Exterior
Construction Materials
Brick
Exterior Features
Fenced, Lighting, Private Entrance, Private Mailbox, Sidewalk
Roof
Shingle
Financial
Tax Year
2025
Taxes
$6,578
Map
Community
- Address1033 19TH AVENUE S ST PETERSBURG FL
- SubdivisionCROMWELL HEIGHTS
- CityST PETERSBURG
- CountyPinellas
- Zip Code33705
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Multi Family in ST PETERSBURG as of Oct 19, 2026
77
Multi Family Listed
123
Avg DOM
453
Avg $ / SqFt
$759,435
Avg List Price
Property Summary
- Located in the CROMWELL HEIGHTS subdivision, 1033 19TH AVENUE S ST PETERSBURG FL is a Multi Family for sale in ST PETERSBURG, FL, 33705. It is listed for $599,999 To schedule a showing of MLS#tb8503357 at 1033 19TH AVENUE S in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of KELLER WILLIAMS SOUTH TAMPA. 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. 1033 19TH AVENUE S
ST PETERSBURG, FL