Excellent Value-Add Triplex Near USF - NEW PRICE BELOW Appraised Value!!! (Appraised 11/2024 at $455,000) Here's a rare opportunity to acquire a cash-flowing triplex in one of Tampa's strongest rental corridors-with one unit vacant and ready for immediate occupancy or higher rents. Current Performance Unit A (Middle - 3 Bed / 1 Bath): Leased at $1,900/month. Solid block construction, in-unit washer/dryer, and central A/C. Unit B (Right - 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction with window A/C. Unit C (Left - Efficiency / 1 Bath): Vacant and ready. Frame construction with window A/C. Ideal for an owner-occupant, a new tenant at market rent, or a light value-add refresh. Current monthly income from leased units: $3,150 Rent Unit C for the going rate of $1,000 and the monthly income goes back to the previous $4,150+ monthly gross. Investor Advantages Association covers water, sewer, and trash (single community meter) - a meaningful reduction in operating expenses. Each unit is individually metered for electricity, so tenants pay their own power. Mix of unit sizes attracts students, young professionals, medical workers, and small families. Proven rental demand just minutes from the University of South Florida, major shopping and dining, public transit, and quick access to I-275. Whether you want a turnkey income property, an owner-occupy opportunity (live in Unit C while the other two pay the mortgage), or a light value-add play, this triplex delivers solid fundamentals in a high-demand Tampa location-and it's priced below its recent appraisal. Perfect for 1031 exchanges or portfolio expansion.
Listed by Michael Brule of DALTON WADE INC (888-668-8283)

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Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 26, 2026 11:33 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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