8720 N 48th Street, Tampa, FL 33617
Local realty services provided by:ERA Grizzard Real Estate
Listed by: vivian resnick
Office: dalton wade inc
MLS#:TB8471903
Source:MFRMLS
Price summary
- Price:$599,000
- Price per sq. ft.:$357.4
About this home
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....
Contact an agent
Home facts
- Year built:1972
- Listing ID #:TB8471903
- Added:52 day(s) ago
- Updated:March 27, 2026 at 12:46 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Tile
- Kitchen Description:Range, Refrigerator
- Bedroom Description:Walk-In Closet(s)
- Living area:1,576 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1972
- Building area:1,576 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Block
- Exterior Features:Fence
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:King-HB
- Middle school:Greco-HB
- Elementary school:Riverhills Elem
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$357.4
- Tax amount:$3,530 (2024)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:Inside, Laundry Room
- Amenities:Cable Connected, Electricity Available, Walk-In Closet(s)
- Pool features:Public Pool
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