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Overview

16 bd8 ba5,616 sqftQuadruplex
TypeQuadruplex
HOANone listed
Built1981
Lot22,794 sqft
Living area5,616 sqft
Price / sqft$263

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Living Room/Dining Room ComboPrimary Bedroom Main FloorSolid Surface CountersStone CountersFenceLightingPrivate Mailbox

1511 E 140th Ave is a 1981-built home in Byars Revision Of Sunnyland Ac, Tampa. Inside you'll find 16 bedrooms, 8 bathrooms, and 5,616 square feet of living space. Listed at $1,475,000 (about $263/sqft), 5 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

EIGHT-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN TAMPA'S UNIVERSITY AREA! Situated on approximately 0.52 acres, this property features eight 2-bedroom, 1-bathroom apartments across four separate, single-story concrete-block duplex buildings. Conveniently located near the University of South Florida, major employment centers, shopping, dining, and interstate access, this property offers an attractive opportunity for investors seeking a multifamily asset with significant rental income potential. Current ownership has invested extensively in property improvements, with an emphasis on quality materials, durability, and long-term value. Renovated units feature upgrades such as granite and quartz countertops, tile flooring, beautifully tiled tub surrounds, updated kitchens and bathrooms, and other modern finishes. Additional property improvements include replacement windows in numerous units, attractive black aluminum perimeter fencing, landscaping, and palm trees. Renovation levels and finishes vary by unit. FOUR UNITS CURRENTLY OCCUPIED AND FOUR VACANT, providing the next owner with the flexibility to establish new leases at market rates while benefiting from existing rental income. Current occupied rents total $5,875 per month, with estimated market rental potential of $12,125 per month ($145,500 annually) at full occupancy. Unit A also has a scheduled rent increase during the second year of its lease. Tenants are responsible for their individual electric utilities, while ownership provides water and sewer service. With its solid concrete-block construction, desirable all-2-bedroom unit mix, substantial owner improvements, and opportunity to increase occupancy and rental income, this property presents a compelling investment opportunity in Tampa's University Area. Offering Memorandum, rent roll, and additional financial information available upon request.

The essentials

Built
1981
Price / sqft
$263
On market
5 days
Annual tax
$17,737
Flood zone
X · Low risk
Lot
22,794 sqft
Type
Quadruplex

At a glance

Single family
Built 1981
0.52 acres
Lot size
5,616 sqft
Living area

Payment

Est. monthly payment
$9,909/mo
Down payment (20%)
$295,000
Property taxes
$1,478/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Quadruplex
Year Built
1981
Lot
22,794 sqft
Cooling
Mini-Split Unit(s)
Heating
Electric, Ductless
Parking
Common, Guest, Off Street
Days on Market
5
Ceiling Fans(s)
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Solid Surface Counters
Stone Counters
Fence
Lighting
Private Mailbox
Private Yard
Sidewalk
Electric Water Heater
Exhaust Fan
Range
Range Hood
Refrigerator
Elementary
Mort-HB
Middle
Buchanan-HB
High
Freedom-HB

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$17,737
Parcel #
U-06-28-19-1GH-000006-00006.0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Byars Revision Of Sunnyland Ac
County
Hillsborough
MLS Area
33613 - Tampa
Lot Size
22,794 sqft
LandscapedSidewalkPaved

Price history

Date
Event
Price
11/9/2026
Listed for sale
Source: Stellar MLS #TB8565766
$1,475,000+40.5%
$263/sqft
4/13/2022
Sold
Source: Hillsborough County Public Record
$1,050,000
$187/sqft

Neighborhood

1511 E 140th Ave
Tampa, FL, 33613 · 33613 - Tampa

Market insights

Offer Insights

Choose an offer strength

List price: $1,475,000
$1.47M – $1.48M
99.5% – 100% of listTops out right at the list price
80% of listList price
36 of the last 63 home closings in 33613 landed at this number or higher (57%). The median one sat 26 days before it went under contract, and this one is on day 5.

Sample: 63 closed home sales in 33613 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$9,908/mo
Principal & interest$7,693
Property taxes$1,478
Insurance$738
Down payment20% · $295,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,475,000

$263 per sq ft

Beds and baths

16 beds, 8 baths

Size

5,616 sq ft

Time on market

5 days

Year built

1981

Monthly payment

About $9,909/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $17,737 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byLIPPLY REAL ESTATEListing agent: Eric LeachListing data from Stellar MLS, MLS# TB8565766.

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