Tampa Real Estate

Multi-Family Homes Homes for Sale in Tampa, FL

Welcome to your dedicated resource for multi-family homes homes for sale in Tampa, FL. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As local Tampa, FL agents, Dave Jones Realty specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the multi-family homes properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Multi-Family Homes Homes for Sale in Tampa, FL

$440,000
4 Beds ⋅ 3 Baths ⋅ TB8466971 MLS
Excellent Value-Add Triplex Near USF – NEW PRICE BELOW Appraised Value!!! (Appraised 11/2024 at $455,000) Here’s a rare opportunity to acquire a cash-flowing triplex in one of Tampa’s strongest rental corridors—with one unit vacant and ready for immediate occupancy or higher rents. Current Performance Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Solid block construction, in-unit washer/dryer, and central A/C. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction with window A/C. Unit C (Left – Efficiency / 1 Bath): Leased at $1,000/month. Frame construction with window A/C. Current monthly income from leased units: $4,150 Investor Advantages Association covers water, sewer, and trash (single community meter) — a meaningful reduction in operating expenses. Each unit is individually metered for electricity, so tenants pay their own power. Mix of unit sizes attracts students, young professionals, medical workers, and small families. Proven rental demand just minutes from the University of South Florida, major shopping and dining, public transit, and quick access to I-275. Whether you want a turnkey income property, or a light value-add play, this triplex delivers solid fundamentals in a high-demand Tampa location—and it’s priced below its recent appraisal. Perfect for 1031 exchanges or portfolio expansion.

1403 College Park Lane, Tampa
$435,000
6 Beds ⋅ 2 Baths ⋅ TB8478655 MLS
West Riverside Heights income property. $3110/MONTH PAYMENT STANDARD for 3-bedroom Section 8 rental rate in 33607, giving the buyer an opportunity for even greater cash flow than currently producing. Cash-flowing investment opportunity situated within the rapidly appreciating West Riverside Heights district. This duplex is comprised of two 3-bedroom, 1-bathroom units with a combined 1,864-square-foot footprint. The property has recently been upgraded with BRAND NEW Hardie Board siding, trim, exterior paint, and a brand new exterior fence. The AC was recently upgraded in 2022. The bottom unit is currently vacant, while the upstairs tenants are signed to long-term leases. Allowing the buyer to live in one unit and rent out the other, or lease both units if desired. The centrally located property is located minutes from Raymond James Stadium, Hillsborough Community College (the proposed future site of the Tampa Bay Rays), St. Joseph’s Hospital, Armature Works, and the University of Tampa. Charming and well-performing, this West Riverside Heights gem is ideal for those seeking an immediate cash-flowing asset with the potential for long term appreciation.

4103 N Howard Avenue, Tampa
$425,000
2 Beds ⋅ 2 Baths ⋅ TB8501615 MLS
*Being sold along with neighboring corner-lot property, 114 S Bungalow Park Ave* Attention Developers, Investors, and Savvy Owner Occupants: Rare opportunity to acquire a multifamily-zoned parcel with an existing duplex in one of South Tampa’s most centrally located and fastest growing corridors, just minutes from Hyde Park, Midtown, and Downtown Tampa. The owner’s retirement presents a unique chance to secure a 6,150 sq ft (0.14 acre) RM-16 lot with significant value-add and redevelopment potential in a proven townhome corridor. So what makes this one so special? 1) Existing side-by-side duplex totaling 1,002 heated sq ft, with two 1 bed / 1 bath units. 2) The units require renovation and TLC. Latest improvements from recent years include plumbing completely redone in 2024 and a roof less than 5 years old. A/C is provided via wall units. 3) Large yard / lot footprint at 6,150 sq, enhancing future tenant appeal and providing additional flexibility for future design and redevelopment. 4) Development upside: RM-16 zoning supports multifamily redevelopment. Based on lot size and location, strong potential for future townhome development. 5) Corner lot positioning, enhancing access, design flexibility, and end-product desirability. 6) Prime South Tampa location, located within the highly sought-after Mitchell-Wilson-Plant school district and minutes from Hyde Park Village, Midtown, Downtown Tampa, and Howard Ave. Easy access to I-275, Tampa International Airport, and the University of Tampa. Additional opportunity: Seller is also offering the neighboring parcel at 114 S Bungalow Park Ave. Purchase both properties together for a combined 12,300 sq ft of land and 5 total units, maximizing development scale, layout flexibility, and long-term upside. Whether you're looking to renovate and reposition for long-term cash flow, or redevelop into a high-end product, opportunities like this in core South Tampa are increasingly rare. Easy to show. No HOA/CDD. Arborist Reports, MLS info sheets and property disclosures available. No assignable contracts accepted.

2801 W Cleveland Street, Tampa
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