About 1318 E Louise Avenue
Under contract-accepting backup offers. Prime Opportunity in Tampa’s Ybor Heights! This updated property features a spacious 3-bedroom, 2-bath main home plus a detached 1-bedroom, 1-bath casita, offering outstanding flexibility and income potential. The casita currently rents for $1,505/month, while the main home has consistently brought in $2,400/month, delivering a proven 10% CAP rate—a rare find in today’s market. The main home offers over 1,200 sq. ft. with vinyl flooring throughout, an open-concept layout, a large laundry room with exterior access, and two full baths including a newly renovated bathroom (2025). Major updates include a brand-new roof with hurricane clips (2025), updated HVAC (2022), and updated plumbing, giving buyers peace of mind for years to come. The detached casita comes with its own private entrance and a brand-new mini-split system (2024), making it perfect for rental income, guests, or multigenerational living. Enjoy outdoor living with a welcoming front porch, fenced yard, additional storage shed, and ample parking. Situated in Ybor Heights, you’re just minutes from Seminole Heights, Ybor City, Downtown Tampa, Armature Works, and major highways. Whether you’re a seasoned investor, first-time buyer looking to house hack, or a multi-generational household, this property offers unmatched value and income potential. Schedule your showing today before it’s gone!
Features of 1318 E Louise Avenue
| MLS® # | TB8425635 |
|---|---|
| Price | $338,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 1,209 |
| Acres | 0.12 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Pending |
Listing Details
| Office | MCBRIDE KELLY & ASSOCIATES |
|---|
Listing Map
Neighborhood Information for 1318 E Louise Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Lee Elementary Magnet School Public - Kindergarten to 5Th Grade - Closest Elementry School |
0 Miles | |
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Lockhart Elementary Magnet School Public - Preschool to 5Th Grade |
0 Miles | |
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Orange Grove Middle Magnet School Public - 6Th Grade to 8Th Grade - Closest Middle School |
0 Miles | |
|
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Young Middle Magnet School Public - 6Th Grade to 8Th Grade |
0 Miles | |
|
Edison Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Delia Sanchez Full Service School Public - to |
1 Miles | |
|
|
Linabean Academy Inc. Private - Kindergarten to 12Th Grade |
1 Miles |
School data provided by GreatSchools