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For sale
  • Price cut: $100 (8/3)
    $1,964,800

    4507-4517 E Giddens Ave, Tampa, FL 33610

    24beds
    10baths
    8,424sqft
    : 
    Multi Family
    Built in 1974
    -- sqft lot
    $1,855,300 Zestimate®
    $233/sqft
    $-- HOA

    What's special

    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)
    47 days
    on Zillow
    |
    986
    |
    69
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    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#: TB8398696MLS LogoOriginating MLS: Suncoast Tampa

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    Next available tour time:Today at 12pm

    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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