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$319,900

3 Beds 3 Baths 1,378 SQFT 0.14 Acres
Type: Single Family

2318 W POWHATAN AVENUE
TAMPA, FL 33603

MLS#: TB8524344
Justen Vos
Justen Vos
The Real Estate Advantage
Realtor-REMAX
Phone: 952.221.5699
Office: 952.226.7700
Presented by: TMWRK BROKERAGE LLC with 727-277-9032. - 727-277-9032

Property Description

 

Under contract-accepting backup offers. Prime West Tampa Investment Opportunity – 3-Unit Income Property. Looking to add a strong cash-flowing asset to your portfolio? This West Tampa property offers a rare configuration: a single-family home legally set up and functioning as a triplex, all under one electric and water meter, simplifying utilities while maximizing rental potential. The location is unbeatable, just minutes from Tampa International Airport, Downtown Tampa, and Raymond James Stadium, putting tenants close to major employment centers, entertainment, and game-day energy. The property features three units: a 2 bed/1 bath unit with central A/C (approximately 5 years old), a 1 bed/1 bath unit with a window A/C unit, and a studio unit also with a window A/C unit. The property is fully livable in its current condition and generating rental-ready value today, with room to boost returns through cosmetic updates such as fresh paint, flooring, and finishes that could go a long way toward increasing rents and long-term value. The roof was replaced just 2 years ago, offering peace of mind on one of the biggest-ticket items for any investor. As an added bonus, solar panels are already installed on the roof; they are not currently active, and a buyer would need to bring in a solar company to complete the installation and activate the system, but the groundwork is there for a future energy-cost advantage. This is a solid, income-ready opportunity for an investor looking to acquire a multi-unit cash flow property in one of Tampa's most connected corridors, bring your vision for updates and unlock the full upside this property has to give.


 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Laminate
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Other
Laundry FeaturesInside

General

Additional Parcels Y/NNo
AppliancesOther, Refrigerator
Building Area Units0 sqft
Carport Y/NNo
CityTAMPA
Construction MaterialsBlock, Stucco
CoolingCentral Air, Wall/Window Unit(s)
CountyHillsborough
DirectionsTravel east on E Sligh Ave. Turn left onto N Armenia Ave. Turn left onto W Powhatan Ave. Home is on the right.
Facing DirectionNorth
Flood Zone CodeX
Flood Zone Code XY
Full Baths3
Garage Y/NNo
HeatingCentral, Electric
In Law Suite Description1 Bathroom, 1 Bedroom
In Law Suite YNYes
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionHAMNER'S MARJORY B RENMAH LOT 19 BLOCK 3
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Living Area Units0 sqft
Lot Size Square Feet6,180 sqft
Lot Size UnitsSquare Feet
MLS Area33603 - Tampa / Seminole Heights
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeOwner
OwnershipFee Simple
PossessionClose Of Escrow
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusPending
Subdivision NameHAMNERS MARJORY B RENMAH
Tax Annual Amount$405
Tax Lot19
Tax Year2025
Total Rooms3
UtilitiesCable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1960
ZoningRS-60

Exterior

Building Area Total1,772 sqft
Exterior AmenitiesPrivate Entrance, Private Mailbox, Private Yard
FencingWood
Foundation DetailsSlab
Lot Size Acres0.14
Lot Size Area6,180 sqft
Private PoolNo
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$319,900

3 Beds 3 Baths 1,378 SQFT 0.14 Acres
Type: Single Family

2318 W POWHATAN AVENUE
TAMPA, FL 33603

MLS#: TB8524344
Justen Vos
Justen Vos
The Real Estate Advantage
Realtor-REMAX
Phone: 952.221.5699
Office: 952.226.7700