About 2318 W Powhatan Avenue
Prime West Tampa Investment Opportunity – 3-Unit Income Property. Looking to add a strong cash-flowing asset to your portfolio? This West Tampa property offers a rare configuration: a single-family home legally set up and functioning as a triplex, all under one electric and water meter, simplifying utilities while maximizing rental potential. The location is unbeatable, just minutes from Tampa International Airport, Downtown Tampa, and Raymond James Stadium, putting tenants close to major employment centers, entertainment, and game-day energy. The property features three units: a 2 bed/1 bath unit with central A/C (approximately 5 years old), a 1 bed/1 bath unit with a window A/C unit, and a studio unit also with a window A/C unit. The property is fully livable in its current condition and generating rental-ready value today, with room to boost returns through cosmetic updates such as fresh paint, flooring, and finishes that could go a long way toward increasing rents and long-term value. The roof was replaced just 2 years ago, offering peace of mind on one of the biggest-ticket items for any investor. As an added bonus, solar panels are already installed on the roof; they are not currently active, and a buyer would need to bring in a solar company to complete the installation and activate the system, but the groundwork is there for a future energy-cost advantage. This is a solid, income-ready opportunity for an investor looking to acquire a multi-unit cash flow property in one of Tampa's most connected corridors, bring your vision for updates and unlock the full upside this property has to give.
Features of 2318 W Powhatan Avenue
| MLS® # | TB8524344 |
|---|---|
| Price | $319,900 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,378 |
| Acres | 0.14 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Listing Details
| Office | TMWRK BROKERAGE LLC |
|---|
Listing Map
Neighborhood Information for 2318 W Powhatan Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Cambridge Christian School Private - Preschool to 12Th Grade - Closest Elementry School |
0 Miles | |
|
Oak Grove Elementary School Public - Preschool to 5Th Grade |
0 Miles | |
|
Mendenhall Elementary School Public - Kindergarten to 5Th Grade |
0 Miles | |
|
Trinity School For Children Public - Kindergarten to 8Th Grade |
1 Miles | |
|
|
Tampa Bay Christian Academy Private - Preschool to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Tampa Catholic High School Catholic - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Egypt Lake Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools