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$490,000 Just Listed
Property Description
INVESTOR OPPORTUNITY "¢ $4,515 MONTHLY RENTAL INCOME "¢ UPDATED DUPLEX "¢ NEW ROOF 2022 "¢ CLOSE TO THE 1% RULE! Looking for an income-producing property that makes financial sense? This updated Bradenton duplex offers an attractive opportunity for investors seeking immediate cash flow, established tenants, and long-term investment potential. Offered at $490,000 and currently generating $4,515 per month in rental income ($54,180 annually), this property comes remarkably close to the popular 1% rule-an increasingly challenging benchmark for investors seeking income-producing real estate. Both units are currently occupied by long-term tenants who would love to stay, offering the new owner the opportunity to step into an established rental property with income already in place. EACH UNIT FEATURES 3 BEDROOMS, 2 FULL BATHROOMS, AN INSIDE LAUNDRY ROOM, AND A DESIRABLE SPLIT-BEDROOM FLOOR PLAN. Both sides have been updated, making the property attractive to tenants while helping minimize the need for immediate improvements. A NEW ROOF INSTALLED IN 2022 adds even more value and peace of mind. For the numbers-driven investor, this property offers a gross rental yield of approximately 11.1% at the asking price, before operating expenses. With two income-producing units, established tenants, and major improvements already completed, this duplex deserves serious consideration for any investment portfolio. And the possibilities don't stop there! For buyers looking to combine homeownership with rental income, this property offers an excellent HOUSE-HACKING OPPORTUNITY. Subject to existing lease terms, live in one unit while renting the other to help offset your mortgage payment and build equity. Whether you're expanding an existing rental portfolio, purchasing your first investment property, or planning for future owner occupancy, this duplex offers flexibility, income potential, and an attractive entry into multifamily investing. TWO UPDATED UNITS. ESTABLISHED RENTAL INCOME. ONE SMART INVESTMENT OPPORTUNITY. Schedule your showing today!
Full Property Details
Full Property Details for 6116 10th St E
General
- Price: $490,000
- Taxes: $5,676 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: A4709675
- Updated: Today (10/15/2026)
- Added to Site: Today
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Eating Space In Kitchen, Primary Bedroom Main Floor, Thermostat
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Fenced
Location
- Area: 34203 - Bradenton/Braden River/Lakewood Rch
- County: Manatee
- Development Name: 34203 - Bradenton/Braden River/Lakewood Rch
- Subdivision: CAYMAN TOO
- Driving Directions: From 63rd St (Saunders Rd) turn North onto 12th St E then West onto 61st Ave Ter E. Turn North onto 10th St E. Duplex is on the left on the corner with 61st Ave E and 10th St E.
School Information
- Elementary School: Blanche H. Daughtrey Elementary
- Middle School: W.D. Sugg Middle
- High School: Bayshore High
Community
- Community Name: 34203 - Bradenton/Braden River/Lakewood Rch
- Pet Restrictions: See Manatee County for any pet restrictions
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water - Multiple Meters, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 1,992
- Sq. Ft. Source: Public Records
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,714
- Lot Size: 9714
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $5,676.78
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 20 CAYMAN TOO SUB PI#65598.1100/2
- Flood Zone Info: X
- APN: 6559811002
- Property ID: 6559811002
Listed by Fine Properties
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Schools
Schools serving 6116 10th St E
School District:Manatee County School District
| Name | Grades | Distance |
|---|---|---|
Kinnan Elementary School 3415 Tallevast Road, Sarasota, FL 34243 | PK-5 | 2.7 mi |
W. D. Sugg Middle School 3801 59th Street West, Bradenton, FL 34209 | 6-8 | 4.8 mi |
Bayshore High School 5401 34th Street West, Bradenton, FL 34210 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6116 10th St E
Date
Details
Price
Change
Source
10/15/2026
Listed
$490,000
7.69%
MLS
2/17/2023
Sold
$455,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6116 10th St E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,677
—
$288,272
-19%
2024
$5,662
34%
$355,045
40%
2023
$4,232
65%
$253,435
10%
2022
$2,562
20%
$231,202
38%
2021
$2,136
—
$167,954
13%
2021
$2,136
21%
$149,175
168%
2019
$1,759
33%
$55,563
-55%
2017
$1,318
—
$122,560
36%
2017
$1,318
20%
$90,000
46%
2016
$1,101
11%
$61,500
24%
2015
$989
17%
$49,400
43%
2014
$843
7%
$34,500
11%
2013
$786
—
$31,163
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6116 10th St E
6116 10th Street E, Bradenton, FL 34203 (MLS# A4709675) is a Duplex property with 6 bedrooms and 0 full bathrooms. 6116 10th Street E is currently listed for $490,000 and was received on October 15, 2026. Want to learn more about 6116 10th Street E? Do you have questions about finding other Duplex real estate for sale in Bradenton? You can browse all Bradenton real estate or contact a Coldwell Banker agent to request more information.
