Under contract

2318 W POWHATAN Ave, Tampa, FL 33603

Beds
3
Baths
3
Sqft
1,378

View property features, location on map, relevant school information and overview from seller's agent.

Listed byTMWRK BROKERAGE LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
3
Number of bathrooms
3
Square feet
1,378
Lot size (acres)
0.14
Year built
1960

Interior features

Laundry
Inside

Utilities

Heating
Electric, Central
Cooling
Wall/window unit(s), Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$405

Public schools

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Sourced from: Stellar MLS MLS®#: TB8524344 Last checked:

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