4631 40th St N St. Petersburg, FL 33714
Lealman NeighborhoodEstimated payment $4,298/month
Highlights
- No HOA
- Inside Utility
- Central Heating and Cooling System
- 1 Car Attached Garage
- Tile Flooring
- Ceiling Fan
About This Home
Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non evacuation & non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.
Listing Agent
RE/MAX METRO Brokerage Phone: 727-896-1800 License #3015648 Listed on: 08/01/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,781
Year Built
- Built in 1982
Lot Details
- 7,488 Sq Ft Lot
- Lot Dimensions are 59x100
Parking
- 1 Car Attached Garage
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,409 Sq Ft Home
- Ceiling Fan
- Inside Utility
- Tile Flooring
- Microwave
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- 8 Units
- Wilsons Rep Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 03-31-16-98226-000-0010
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/01/2025 08/01/25 | For Sale | $685,000 | -- | $284 / Sq Ft |
Source: Stellar MLS
MLS Number: TB8412584

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