Incredible investment opportunity to own a Triplex apartment building in one of the area’s most desirable locations! This property underwent a comprehensive renovation throughout 2025 with no expenses spared, completed with permits and qualified technicians. Now completely occupied and generating over $80,000 in annual rental income, this is a truly turnkey investment. Situated on an oversized corner lot spanning 11,880 square feet (.27 acres) in a prime location – just steps from Macfarlane park, West Tampa little league, schools, grocery stores, restaurants and more. Assumable 6% FHA loan available.
Every major system has been updated for years of worry-free ownership: brand new roof and gutters, new IMPACT WINDOWS & doors. Unit A features a new HVAC system, Unit C has a new mini-split, and Unit B’s HVAC is only 5-6 years old. All three units feature new water heaters and washer/dryers in each unit.
The interiors have been fully remodeled throughout, featuring solid core doors at all bedrooms and bathrooms for added privacy and quality, plus stainless steel appliances and granite countertops in every kitchen.
Each unit is thoughtfully separated with its own private driveway, and the property offers a generous 9 off-street parking spaces total—a rare and valuable feature for multi-family properties. Unit mix: Apartment A – 3 bedroom/2 bathroom/$2440 monthly, Apartment B – 4 bedroom/2 bathroom/$3000 monthly, Apartment C – 1 bedroom/1 bathroom/$1550 monthly. Apartment C is fully furnished and equipped with a smart lock, making it move-in ready and well-positioned for higher earning short-term rental opportunities.
Utilities are investor-friendly with 2 electrical meters and 2 water meters; the property is on nearly costless well water with public sewer, helping to keep operating expenses low. Current tenants have a strong history of paying on time with zero hassle.
Move-in ready, cash-flowing, and virtually maintenance-free for years to come. Opportunities like this don’t last—schedule your showing today!
Every major system has been updated for years of worry-free ownership: brand new roof and gutters, new IMPACT WINDOWS & doors. Unit A features a new HVAC system, Unit C has a new mini-split, and Unit B’s HVAC is only 5-6 years old. All three units feature new water heaters and washer/dryers in each unit.
The interiors have been fully remodeled throughout, featuring solid core doors at all bedrooms and bathrooms for added privacy and quality, plus stainless steel appliances and granite countertops in every kitchen.
Each unit is thoughtfully separated with its own private driveway, and the property offers a generous 9 off-street parking spaces total—a rare and valuable feature for multi-family properties. Unit mix: Apartment A – 3 bedroom/2 bathroom/$2440 monthly, Apartment B – 4 bedroom/2 bathroom/$3000 monthly, Apartment C – 1 bedroom/1 bathroom/$1550 monthly. Apartment C is fully furnished and equipped with a smart lock, making it move-in ready and well-positioned for higher earning short-term rental opportunities.
Utilities are investor-friendly with 2 electrical meters and 2 water meters; the property is on nearly costless well water with public sewer, helping to keep operating expenses low. Current tenants have a strong history of paying on time with zero hassle.
Move-in ready, cash-flowing, and virtually maintenance-free for years to come. Opportunities like this don’t last—schedule your showing today!
Property Details
Price:
$974,900
MLS #:
TB8548923
Status:
Active
Beds:
8
Baths:
5
Type:
Multi Family
Subtype:
Triplex
Subdivision:
MAC FARLANE PARK
Neighborhood:
33607tampa
Listed Date:
Sep 22, 2026
Finished Sq Ft:
3,185
Total Sq Ft:
3,569
Lot Size:
11,880 sqft / 0.27 acres (approx)
Year Built:
1979
See this Listing
Schools
Interior
Appliances
Dishwasher, Range, Refrigerator
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Luxury Vinyl
Heating
Central, Electric
Interior Features
Ceiling Fan(s)
Laundry Features
Inside
Levels
One
Exterior
Construction Materials
Block, Stucco
Exterior Features
Lighting
Lot Features
Corner Lot
Open Parking YN
1
Parking Features
Circular Driveway, Curb Parking, Driveway, Off Street
Patio And Porch Features
None
Roof
Shingle
View
Park/Greenbelt
Financial
Tax Year
2025
Taxes
$3,208
Map
Community
- Address3111 W SPRUCE STREET TAMPA FL
- SubdivisionMAC FARLANE PARK
- CityTAMPA
- CountyHillsborough
- Zip Code33607
Subdivisions in TAMPA
Market Summary
Current real estate data for Multi Family in TAMPA as of Oct 18, 2026
109
Multi Family Listed
131
Avg DOM
284
Avg $ / SqFt
$775,957
Avg List Price
Property Summary
- Located in the MAC FARLANE PARK subdivision, 3111 W SPRUCE STREET TAMPA FL is a Multi Family for sale in TAMPA, FL, 33607. It is listed for $974,900 To schedule a showing of MLS#tb8548923 at 3111 W SPRUCE STREET in TAMPA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of COASTAL PROPERTIES GROUP INTER. 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. 3111 W SPRUCE STREET
TAMPA, FL