About 2306 N Morgan Street
Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.
Features of 2306 N Morgan Street
| MLS® # | TB8445667 |
|---|---|
| Price | $1,499,000 |
| Square Footage | 1,372 |
| Acres | 0.14 |
| Year Built | 1902 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Listing Details
| Office | SERRALLES GROUP,INC |
|---|
Listing Map
Neighborhood Information for 2306 N Morgan Street
Close to Penitentiary, High Residential Turnover, Close Proximity to Sea/Ocean
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Metropolitan Ministries Partnership Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
0 Miles | |
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Brewster Technical College Public - to |
0 Miles | |
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Waters Career Center Public - to |
0 Miles | |
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Hillsborough Virt Instr Prgs Public - Kindergarten to 12Th Grade - Closest Middle School |
0 Miles | |
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Hillsborough Virtual Franchise High School Public - Kindergarten to 12Th Grade - Closest High School |
0 Miles | |
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Villa Madonna School Catholic - Preschool to 8Th Grade |
0 Miles | |
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Graham Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools