FL
Hillsborough
TAMPA
33613
1210 E 140TH AVENUE
1210 E 140TH AVENUE, TAMPA, FL 33613
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Listing Type
Multi Family
Listing Status
Active
15
$298,000

Home Details for 1210 E 140TH AVENUE

Price
$298,000
Type
Residential Income
Bedrooms
3
Total Bathrooms
2
Square feet
1323
Year built
1969
Lot size acres
0.21
County
Hillsborough
Days on site
45
MLS Listing#
TB8511454
Property Description

Income-Producing VALUE-ADD Tampa Duplex with Immediate Cash Flow & Strong Rental Upside Opportunity to acquire a cash-flowing duplex in a rapidly growing Tampa market with significant upside potential. 1210 E 140th Ave is currently generating $2,300 per month in gross rental income with both units occupied and tenants expressing interest in remaining, providing immediate income from day one. The property consists of a 2-bedroom, 1-bath unit currently leased at $1,300/month and a 1-bedroom, 1-bath unit leased at $1,000/month. Both tenants are on month-to-month agreements, offering investors flexibility to maintain occupancy, increase rents, or implement a value-add strategy. This property presents a clear path to increased cash flow through strategic interior improvements and repositioning. Estimated market rents after renovation are approximately $1,600/month for the 2-bedroom unit and $1,300-$1,400/month for the 1-bedroom unit, creating a compelling opportunity to boost NOI and long-term asset value. Recent capital improvements include a roof replacement in 2016 with central HVAC replacement in Unit A in 2016 and wall unit AC in unit B. Utilities are investor-friendly with separate electric meters for each unit, allowing tenants to pay their own electric service. Water is supplied through a shared meter and averages approximately $100 per month. Whether you're looking to expand an existing portfolio, complete a value-add renovation project, or secure a cash-flowing asset in one of Florida's strongest rental markets, this duplex offers both immediate income and long-term appreciation potential. Properties at this price point with in-place income and rental upside are becoming increasingly difficult to find in Tampa. Schedule your showing today. Property being sold AS-IS. Tenant occupied. Seller will make no repairs.

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Property Features
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Heating Information
    • Central
    • Ductless
  • Water Features
    • Public
Listing Courtesy: MCBRIDE KELLY & ASSOCIATES - 813-254-0900
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-07-01 15:20:28
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EXIT ELITE REALTY
13911 N. Dale Mabry Hwy Suite #201, Tampa, FL 33618
Office
813 835 0000
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