INVESTOR ALERT – Exceptional Multi-Family Opportunity in Tampa Rare opportunity to acquire TWO BLOCK-Construction DUPLEXES comprising FOUR Total Units on TWO separate parcels in Tampa’s growing suburban market. Each duplex has its own tax parcel ID, offering flexibility for future individual resale, refinancing, or long-term portfolio optimization. Each unit features a 2-bedroom, 1-bath layout with a dedicated laundry room, fully fenced private yard, and two assigned parking spaces per unit—a highly desirable combination that supports long-term tenant retention.Tenants pay their own utilities, including water and trash, and each duplex is separately metered for water, keeping operating expenses efficient and predictable. Most units are currently leased, providing an immediate and stable income stream. The properties are well maintained, have experienced low vacancy, and are well positioned as workforce housing in a market with sustained rental demand. There is meaningful upside potential through interior updates and rent optimization, offering investors the opportunity to increase cash flow over time while benefiting from solid fundamentals today. Owner-occupant opportunity: A buyer could live in one unit and rent the remaining units, creating the potential to offset housing expenses while building long-term equity. Buyer to verify financing terms and rental income suitability. Not located in a flood zone. Please do not disturb tenants. Showings by appointment only. Additional information available upon request. Don’t miss this opportunity to acquire a strategically located, income-producing multi-family asset with built-in future flexibility in the Tampa market.
Property Details
Price:
$599,000
MLS #:
TB8523844
Status:
Active
Beds:
8
Baths:
5
Type:
Multi Family
Subtype:
Duplex
Subdivision:
DRUID HILLS REV
Neighborhood:
33617tampatempleterrace
Listed Date:
Jun 26, 2026
Finished Sq Ft:
1,656
Total Sq Ft:
1,708
Lot Size:
5,500 sqft / 0.13 acres (approx)
Year Built:
1973
Units:
4
See this Listing
Schools
Elementary School:
Riverhills Elem
Middle School:
Greco-HB
High School:
King-HB
Interior
Appliances
Electric Water Heater, Range, Refrigerator
Cooling
Central Air
Heating
Central
Interior Features
Ninguno
Laundry Features
Inside, Laundry Room
Levels
One
Exterior
Construction Materials
Block
Exterior Features
Fenced
Parking Features
Assigned
Patio And Porch Features
None
Roof
Shingle
Financial
Tax Year
2025
Taxes
$6,642
Map
Community
- Address8723 & 8724 N 48TH STREET TAMPA FL
- SubdivisionDRUID HILLS REV
- CityTAMPA
- CountyHillsborough
- Zip Code33617
Subdivisions in TAMPA
Market Summary
Current real estate data for Multi Family in TAMPA as of Aug 29, 2026
93
Multi Family Listed
123
Avg DOM
290
Avg $ / SqFt
$776,791
Avg List Price
Property Summary
- Located in the DRUID HILLS REV subdivision, 8723 & 8724 N 48TH STREET TAMPA FL is a Multi Family for sale in TAMPA, FL, 33617. It is listed for $599,000 To schedule a showing of MLS#tb8523844 at 8723 & 8724 N 48TH STREET in TAMPA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
Similar Listings Nearby
Courtesy of DALTON WADE INC. 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. 8723 & 8724 N 48TH STREET
TAMPA, FL
