$1,944,600
$45K PRICE DROP

Estimated payment $11,557/month

Total Views 9,700
24 Beds
10 Baths
8,424 Sq Ft
$231 Price per Sq Ft

Highlights

  • 0.68 Acre Lot
  • Central Heating and Cooling System
  • Combination Dining and Living Room
  • No HOA

About This Home

Package listing only 1031 TAX EXCHANGE friendly!!! ****** Please bring all offers, seller likes to negotiate! 100% occupied 6 Duplexes for Sale. Prime Investment Opportunity!** This exceptional investment opportunity features six duplexes, totaling 12 income-producing units, all conveniently located next to each other. Situated in the heart of Tampa. Each unit features 2 bedrooms and 1 bathroom. Tenants pay all utilities, reducing landlord expenses Each unit has separate water and electric meters. Landlord only pays for landscaping, Taxes, Sewage & Insurance. One unit recently rented for $1,563/month. Tampa Housing Authority offers $1,771/month for 2-bedroom, 1-bathroom units in the same zip code Property is currently rented for $11,753 per month, equating to an annual gross income of $141,036 The property is currently under-rented, providing significant potential to increase rents to market rates. Tampa housing shows a payment standard of $1771 a month if you were to get all units rented with Tampa housing that’s a potential annual gross rent of $21,252 per month X 12 months = $255,024 With tenants responsible for their utilities and minimal landlord expenses, these units generate substantial rental income.There's significant potential to increase rents to match market rates, maximizing returns on investment.Proximity to major amenities and transportation hubs ensures high demand and occupancy rates.These properties offer easy access to shopping centers, gyms,Hard Rock Casino,Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more. Schedule a viewing today to explore this cash cow investment before it's no longer available. This is a prime opportunity to secure a high-yield property in a rapidly growing area. *** Potential seller financing available with 50% down Expenses - Insurance $18,000 annual Taxes $14,347.48 Lawn care $3600 annual Annual Expenses =$35,947.48-$133,356 Gross rents = Net Income $97,408.52 4507 E Giddens ave Tampa Florida 33610 Unit A - $1563 lease ends 06/2025 Unit B- $1,000 month to month =$2536 per month 4509 E Giddens ave Tampa Florida 33610 Unit A -$1000 month to month Unit B -$850 month to month =$1850 per month 4511 E Giddens ave Tampa Florida 33610 Unit A -$825 Unit B -$900 month to month =$1725 per month 4513 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$900 month to month =$1700 per month 4515 E Giddens ave Tampa Florida 33610 Unit A -$850 month to month Unit B -$900 month to month =$1750 per month 4517 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$725 month to month =$1525 per month Tampa housing payment standard ( package listing only)

Listing Agent

Ramsey Lahham

YOU FIRST REALTY AND ASSOC LLC Brokerage Phone: 813-458-6686 License #3264260 Listed on: 06/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,347

Year Built

  • Built in 1974

Lot Details

  • 0.68 Acre Lot
  • Additional Parcels

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 8,424 Sq Ft Home
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 10 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 20 / O
  • Assessor Parcel Number A-04-29-19-49C-000000-00020.0

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • 8,856 Sq Ft Building
  • Hillsborough Heights East A Re Subdivision

Building Details

  • Operating Expense $32,947
  • Gross Income $149,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,347

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 8424
  • Lot Size Acres: 0.68
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 8856
  • Lot Size Sq Ft: 30000
  • Number Of Lots: 6
  • Directions to Property: East on Hillsborough avenue right onto 45th street left onto E Giddens. Property is on your right
  • Status: Active
  • Street Direction: E
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 164165950
  • RATIO Current Price By Calculate: 230.84
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 813-458-6686
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Living Room/Dining Room Combo
  • Foundation Details: Slab
  • Total Bedrooms: 24
  • Street Number Modifier: 4507-4517
  • Living Area Meters: 782.61

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-06-18
  • Flood Zone Panel: 12057C0360H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RM-16
  • Parcel Number: A-04-29-19-49C-000000-00020.0
  • Additional Parcels Description: Realtor remarks
  • Additional Parcels: Yes
  • Flood Zone Code: X
  • Lot Size Square Meters: 2787

Multi Family

  • Gross Income: 149520
  • Number Of Units Total: 12
  • Total Num Buildings: 6
  • Unit Count: 10

Tax Info

  • Tax Annual Amount: 14347
  • Tax Block: O
  • Tax Book Number: 29-97
  • Tax Lot: 20

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $1,944,600 0.0% $231 / Sq Ft
09/02/2025 09/02/25 Price Changed $1,944,700 0.0% $231 / Sq Ft
08/30/2025 08/30/25 Price Changed $1,944,800 0.0% $231 / Sq Ft
08/28/2025 08/28/25 Price Changed $1,944,900 -0.5% $231 / Sq Ft
08/25/2025 08/25/25 Price Changed $1,953,800 0.0% $232 / Sq Ft
08/22/2025 08/22/25 Price Changed $1,953,900 0.0% $232 / Sq Ft
08/16/2025 08/16/25 Price Changed $1,954,000 -0.5% $232 / Sq Ft
08/11/2025 08/11/25 Price Changed $1,964,700 0.0% $233 / Sq Ft
08/03/2025 08/03/25 Price Changed $1,964,800 0.0% $233 / Sq Ft
08/01/2025 08/01/25 Price Changed $1,964,900 -0.3% $233 / Sq Ft
07/30/2025 07/30/25 Price Changed $1,969,890 -90.0% $234 / Sq Ft
07/27/2025 07/27/25 Price Changed $19,698,900 +900.5% $2,338 / Sq Ft
07/24/2025 07/24/25 Price Changed $1,969,000 -0.5% $234 / Sq Ft
07/15/2025 07/15/25 Price Changed $1,979,800 0.0% $235 / Sq Ft
07/09/2025 07/09/25 Price Changed $1,979,900 -0.2% $235 / Sq Ft
07/08/2025 07/08/25 Price Changed $1,984,800 0.0% $236 / Sq Ft
07/02/2025 07/02/25 Price Changed $1,984,900 -0.2% $236 / Sq Ft
06/26/2025 06/26/25 Price Changed $1,989,700 0.0% $236 / Sq Ft
06/25/2025 06/25/25 Price Changed $1,989,800 0.0% $236 / Sq Ft
06/22/2025 06/22/25 Price Changed $1,989,900 0.0% $236 / Sq Ft
06/18/2025 06/18/25 For Sale $1,990,000 0.0% $236 / Sq Ft
02/18/2014 02/18/14 For Rent $575 0.0% --
02/18/2014 02/18/14 Rented $575 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8398696

Stellar MLS

APN: A04291949C000000000200