2306 N Morgan Street, Tampa, FL 33602
sale
$1,600,000
|
Single Family Attached
Courtesy Of Serralles Group, Inc
Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. Positioned minutes from some of Tampa s most vibrant attractions, residents enjoy easy access to Ybor City s historic nightlife, Downtown Tampa s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa s most in-demand rental corridors.
Read More About This Property
Read Less About This Property
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 7
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Stucco
- Exterior Type: Wood Siding
- Floor Covering: Linoleum
- Floor Covering: Carpet
- Heating System: Ductless (Heating)
- Legal Description: GROVE HEIGHTS LOT 4 BLOCK 5
- MLSID: TB8445667
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,999,999
Other
6409 S Dale Mabry Highway
Tampa, FL 33611
Building: 7,044 sq. ft.
|
Land: 0.41 Acres
Courtesy Of Real Broker, LLC.
sale
$1,950,000
Industrial
9822 Anderson Road
Tampa, FL 33625
Building: 5,343 sq. ft.
|
Land: 1.11 Acres
Courtesy Of Realty One Group Sunshine
sale
$1,900,000
Retail
1880 E Palm Avenue
Tampa, FL 33605
Building: 1,980 sq. ft.
Courtesy Of Berkshire Hathaway Florida Properties Group
sale
$1,895,000
Single Family Attached
2806 N Tampa Street
Tampa, FL 33602
Building: 7,942 sq. ft.
|
Land: 0.42 Acres
Courtesy Of Serralles Group, Inc