Cash-Cow Duplex in Prime Location – Major Upside Potential! This fully rented turn-key duplex is a true cash-cow opportunity located in a high-demand, sought-after area. The property features two separately metered units: a spacious 2-bedroom, 2-bath unit and a well-maintained 2-bedroom, 1-bath unit. Both are currently occupied by reliable tenants, generating immediate income with minimal owner involvement. Rents are currently below market, offering significant upside to the CAP rate with future increases. Utilities are separately metered, keeping expenses low and management simple. Property sits high and dry! No flood insurance required. The property boasts ample parking for tenants, further enhancing desirability and tenant satisfaction. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don’t miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!
For sale
$485,000
6340 27th St N, Saint Petersburg, FL 33702
4beds
3baths
1,902sqft
Est.:
Duplex, Multi Family
Built in 1984
-- sqft lot
$462,300 Zestimate®
$255/sqft
$-- HOA
What's special
Ample parking for tenants
- 35 days
- on Zillow |
- 711 |
- 55 |
Zillow last checked: 7 hours ago
Listing updated: July 15, 2025 at 06:39pm
Listing Provided by:
Clay Glover, Jr 727-641-5754,
RE/MAX METRO 727-896-1800
Source: Stellar MLS,MLS#: TB8403226
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s)
- Has fireplace: No
Interior area
- Total structure area: 2,090
- Total interior livable area: 1,902 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, Parking Pad
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Rear Porch
- Exterior features: Sidewalk
- Fencing: Fenced
Lot
- Size: 7,296 Square Feet
- Dimensions: 72 x 99
- Features: City Lot, In County, Landscaped, Level
Details
- Parcel number: 353016787720000060
- Zoning: RM-7.5
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Subdivision: SAWGRASS ACRES SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $330,000
- Annual tax amount: $6,287
- Date on market: 7/11/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
- Road surface type: Paved
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