Fully rented multi-unit investment opportunity just minutes from Armature Works and Downtown Tampa. This income-producing property features multiple structures with strong rental flexibility and future development potential in a rapidly growing corridor.
The front building includes a 4 bedroom / 2 bath layout currently configured into four individual units, plus an upstairs 2 bedroom / 1 bath unit and an additional 1 bedroom / 1 bath unit below. In the rear of the property, a detached 1 bedroom / 1 bath cottage provides additional income and tenant appeal. Property features include community laundry, private laundry inside the 4/2, and multiple rental configurations designed to maximize cash flow. Prime location near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. Fully rented with immediate income in place. Strong cash flow today with long-term appreciation and redevelopment upside. Ideal for investors seeking stabilized returns in a high-demand area.
The front building includes a 4 bedroom / 2 bath layout currently configured into four individual units, plus an upstairs 2 bedroom / 1 bath unit and an additional 1 bedroom / 1 bath unit below. In the rear of the property, a detached 1 bedroom / 1 bath cottage provides additional income and tenant appeal. Property features include community laundry, private laundry inside the 4/2, and multiple rental configurations designed to maximize cash flow. Prime location near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. Fully rented with immediate income in place. Strong cash flow today with long-term appreciation and redevelopment upside. Ideal for investors seeking stabilized returns in a high-demand area.
Property Details
Price:
$999,999
MLS #:
TB8476378
Status:
Active
Beds:
8
Baths:
6
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
WEST HIGHLANDS
Neighborhood:
33602tampa
Listed Date:
Feb 16, 2026
Finished Sq Ft:
2,606
Lot Size:
7,440 sqft / 0.17 acres (approx)
Year Built:
1921
Units:
4
See this Listing
Schools
Interior
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Ceramic Tile
Heating
Wall Units / Window Unit
Interior Features
Ceiling Fan(s), Walk-In Closet(s)
Laundry Features
Inside, Laundry Closet
Exterior
Construction Materials
Wood Frame, Wood Siding
Exterior Features
Courtyard, Private Yard
Roof
Shingle
Financial
Tax Year
2024
Taxes
$5,072
Map
Community
- Address316 W COLUMBUS DRIVE TAMPA FL
- SubdivisionWEST HIGHLANDS
- CityTAMPA
- CountyHillsborough
- Zip Code33602
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 WEST HIGHLANDS subdivision, 316 W COLUMBUS DRIVE TAMPA FL is a Multi Family for sale in TAMPA, FL, 33602. It is listed for $999,999 To schedule a showing of MLS#tb8476378 at 316 W COLUMBUS DRIVE in TAMPA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of REALTY EXPERTS. 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. 316 W COLUMBUS DRIVE
TAMPA, FL