About 1326 17th Terrace N
Exceptional Multifamily Investment Opportunity! Introducing a great opportunity to acquire a fully occupied, income-producing multifamily property in one of St. Petersburg’s most desirable neighborhoods: Euclid St. Paul’s. Ideally positioned near the Historic Uptown and Crescent Lake districts, this charming 1925-built asset is located at 1327 17th Avenue North, with convenient access to the northern units via 17th Terrace North. The property consists of two well-maintained buildings totaling 2,288 square feet, configured as four thoughtfully designed 1-bedroom units—all currently leased. With a current cap rate of 6.1%, this is a solid performer with the potential for increased returns through a few minor interior improvements. Situated in a high-demand rental submarket, this property offers full occupancy with consistent rental income, strong historical performance, and excellent tenant retention. Classic 1920s architecture is paired with modern updates, creating a timeless appeal for residents. The location provides easy access to downtown St. Pete, nearby parks, and major retail corridors, making it an attractive option for tenants and a stable, appreciating asset for investors. Zoned NT-2 and ideally suited for low-rise, garden-style multifamily ownership, this is a rare chance to secure a turn-key property with both immediate cash flow and long-term value in a thriving St. Petersburg neighborhood. Contact us today to schedule a private tour!
Features of 1326 17th Terrace N
| MLS® # | TB8409497 |
|---|---|
| Price | $890,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,288 |
| Acres | 0.11 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Listing Details
| Office | COMPASS FLORIDA LLC |
|---|
Listing Map
Neighborhood Information for 1326 17th Terrace N
Stable Population, Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Saint Paul Catholic School Catholic - Preschool to 8Th Grade - Closest Elementry School |
0 Miles | |
|
Woodlawn Elementary School Public - Preschool to 5Th Grade |
0 Miles | |
|
|
Tomlinson Adult Learning Center Public - to |
1 Miles | |
|
St. Petersburg High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Pinellas Mycroschool Of Integrated Academics And Technologies (Mycroschool Pinellas) Public - to |
1 Miles | |
|
North Shore Elementary School Public - Kindergarten to 5Th Grade |
2 Miles | |
|
|
Grace Lutheran School Private - Preschool to 8Th Grade - Closest Middle School |
2 Miles |
School data provided by GreatSchools