About 4502 9th Avenue S
Charming 1925 Bungalow with Detached Apartment: Live In One, Rent the Other, or Invest in Both. Classic character meets smart income potential. This 3-bedroom, 1-bath 1925 bungalow comes with a detached 1-bedroom apartment in the back, giving you the flexibility to live in one and rent the other, house-hack your way to a lower monthly payment, or build a two-unit rental portfolio in a single purchase. The main house has the warmth and craftsmanship that only a 1920s bungalow can offer, with major updates already done for you. Within the past two years, it received a new roof, a new A/C system, a new hot water heater, and several new windows, so you can skip the big-ticket surprises and get right to enjoying it.The detached 1-bedroom unit is equally well prepared, with all-new windows and brand new central heat and air. It's private, efficient, and already has a tenant in place giving you immediate income. Each unit has its own dedicated parking, a rare and valuable perk for a two-unit property. Tenants and owners alike will appreciate the convenience and separation. This property is positioned to meet the coveted 1% rule for investors through the Section 8 program. For Fiscal Year 2026, HUD fair market rents are $2,900 for the front house and $1,950 for the 1-bedroom back unit, with both figures scheduled to increase in Fiscal Year 2027. That's strong, reliable income potential with updated systems that help keep maintenance costs in check.Whether you're an owner-occupant looking for rental income to offset your mortgage, or an investor seeking cash flow with low-maintenance upgrades, this property delivers options that are hard to find. Schedule your private showing today.
Features of 4502 9th Avenue S
| MLS® # | TB8544687 |
|---|---|
| Price | $399,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,448 |
| Acres | 0.11 |
| Year Built | 1925 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Bungalow |
| Status | Active |
Listing Details
| Office | KELLER WILLIAMS ST PETE REALTY |
|---|
Listing Map
Neighborhood Information for 4502 9th Avenue S
Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Fairmount Park Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
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Hamilton Disston School Public - to |
1 Miles | |
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Elim Junior Academy & Child Development Center Private - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
Douglas L. Jamerson Jr. Elementary Public - Preschool to 5Th Grade |
1 Miles | |
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Gulfport Montessouri Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
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Pinellas Technical College - St Petersburg Public - to |
1 Miles | |
|
Gibbs High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles |
School data provided by GreatSchools