8723 & 8724 N 48TH STREET Tampa, FL $ 599,000
8723 & 8724 N 48TH STREET
$ 599,000
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8723 & 8724 N 48TH STREET

Tampa, FL, 33617
$ 599,000
Bedrooms8 Baths5.0 Sq 1,656

Monthly Estimate*

$ 3,782

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Multi-Family Home for sale in Tampa, FL

for $599,000 with 8 bedrooms and 5 full baths. This 1,656 square foot home was built in 1973 on a lot size of 0.13.

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.

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Multi-Family Active

Price

$ 599,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 6,642

Style

Duplex

Lot Size

0.13

Year Built

1973

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

TB8523844

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Electricity Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Electric Water Heater Range Refrigerator
Zoning RM-16
Patio/Porch Features None
Construction Materials Block
Year Built 1973
Tenant Pays Electricity Sewer Trash Collection Water
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 142315-0820
County Hillsborough
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name DRUID HILLS REV
Garage Y/N false
Status Active
Directions Traveling on East Busch Blvd turn South on N 48th Street the properties will be on your Right and Left.
High School King-HB
City TAMPA
Senior Community Y/N false
Number Of Units Total 4
MLS Area 33617 - Tampa / Temple Terrace
Lot Size Units Square Feet
Lot Size Square Feet 5500
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Riverhills Elem
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 6642
Middle/Junior High School Greco-HB
Ok to Lease 12 Months
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8523844
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 14
Legal Description DRUID HILLS RE-REVISED LOT 14 BLOCK 10 *AND* DRUID HILLS RE-REVISED LOT 27 BLOCK 9
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
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Interior
Interior Amenities Ninguno
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside Laundry Room
Total Bedrooms 8
Total Baths 5
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Exterior
Exterior Amenities Fenced
Parking Features Assigned
Water Source Public
Lot Size Area 5500
Foundation Details Slab
Number of Buildings 2
Building Area Total 1708
Lot Dimensions 50 x 100
Lot Size Acres 0.13
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Number of Separate Water Meters 4
Number of Separate Electric Meters 4
Number of Lots 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
vivian@vivianresnick.com

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Affordability Calculator

$4,336
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,782
Monthly Property Taxes
$554
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
1827688 Middle School
King-HB High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$599,000 Listed Price

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8723 & 8724 N 48TH STREET, Tampa, FL, 33617 is a Multi-Family Home for sale at $599,000 with 1,656 sqft and a lot size of 0.13. 8723 & 8724 N 48TH STREET has 8 bedrooms, 5.0 baths, and was built in 1973. The property's zip code is 33617 which is in Tampa, FL