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 https://www.tampaha.org/payment-standards ( package listing only)
For sale
Price cut: $100 (8/3)
$1,964,800
4507-4517 E Giddens Ave, Tampa, FL 33610
24beds
10baths
8,424sqft
Est.:
Multi Family
Built in 1974
-- sqft lot
$1,855,300 Zestimate®
$233/sqft
$-- HOA
What's special
- 47 days
- on Zillow |
- 986 |
- 69 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 08:00am
Listing Provided by:
Ramez Lahham 813-458-6686,
YOU FIRST REALTY AND ASSOC LLC 813-458-6686
Source: Stellar MLS,MLS#: TB8398696
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 10
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Living Room/Dining Room Combo
- Has fireplace: No
Interior area
- Total structure area: 8,856
- Total interior livable area: 8,424 sqft
Video & virtual tour
Property
Features
- Exterior features: Other
Lot
- Size: 0.69 Acres
Details
- Additional parcels included: Realtor remarks
- Parcel number: A04291949C00000000020.0
- Zoning: RM-16
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: HILLSBOROUGH HEIGHTS EAST A RE
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Tampa
Financial & listing details
- Price per square foot: $233/sqft
- Annual tax amount: $14,347
- Date on market: 6/18/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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