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$1,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Units
  • 0.39 Acres
  • Updated 23 hours ago
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Prime 6-Unit Multi-Family Investment Package | Lutz, FL.. An exceptional turnkey investment opportunity located in unincorporated Hillsborough County. This multi-family package consists of two contiguous parcels featuring two single-story, concrete block buildings totaling 6 residential units (each 2 Bed / 1 Bath). Situated in the Clewell Heights First Addition subdivision, the properties offer strong, stable cash flow driven by long-term tenants and high local rental demand. Key Property Highlights Turnkey Condition & Recent Capital Improvements: New Roofs (2024) across both structures. Exterior Paint (2024) and well-maintained grounds. Updated kitchens and bathrooms with newer appliances. Low-Maintenance Construction: Durable solid concrete block/masonry construction on slab foundations with asphalt shingle roofing and individual central A/C units for every unit. Tenant Amenities: Dedicated common off-street parking lot and convenient access to local transit. High-Demand Location: Positioned just minutes from the University of South Florida (USF), major shopping centers, and key thoroughfares connecting Tampa, Lutz, Land O' Lakes, and Wesley Chapel. Property & Parcel Breakdown: Parcel 1 (Folio: 035006-0000) Parcel 2 (Folio: 035007-0000) Combined Total Portfolio Site Address 2501 Irene St, Lutz, FL 33549 Unit Count. 4 Units (2 Bed / 1 Bath) 2 Units (2 Bed / 1 Bath) 6 Total Units. Year Built 1971 Living Area (Heated) 2,500 sq. ft. ~1,134-1,200 sq. ft. ~3,634-3,700 sq. ft. Lot Size 17,000 sq. ft. (~0.39 Acres) RMC-16 (Multi-Family) Concrete Block / Masonry on Slab Central A/C 6 units Individual Central A/C New Roofs (2024) Legal Description Clewell Heights First Add Lot 4 Block 2, Clewell Heights First Add Lot 5 Block 2 Lutz/North Tampa is one of the region's most consistent rental submarkets, sustained by proximity to major employment hubs and top academic institutions. Connectivity: Immediate access to major arteries providing quick commutes to Downtown Tampa, USF Medical District, and rapidly growing suburban hubs like Wesley Chapel.

Full Property Details for 2501 Irene St

General

  • Price: $1,200,000
  • Taxes: $8,271 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8553176
  • Updated: 9/30/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Interior Features: Kitchen and Family Room Combination, Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Electric Water Heater, Microwave, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Exterior

  • Exterior Features: Private Entrance, Private Mailbox, Private Yard
  • Deck/Patio: Covered, Porch
  • Porch/Patio/Deck: Covered, Porch

Parking

  • Parking Features: Assigned, Common, Driveway, Ground Level, Off Street, Open, Parking Pad

Location

  • Area: 33549 - Lutz
  • County: Hillsborough
  • Development Name: 33549 - Lutz
  • Subdivision: CLEWELL HEIGHTS FIRST ADD
  • Driving Directions: From Bearrs and Livingston North 1 block to West on Irene St.

School Information

  • Elementary School: Mort-HB
  • Middle School: Buchanan-HB
  • High School: Freedom-HB

Community

  • Community Name: 33549 - Lutz

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Aerobic Septic
  • Water: Public
  • Utility Description: Electricity Connected, Fire Hydrant, Street Lights, Water Connected

Structural Information

  • # Buildings: 2
  • Exterior Const.: Block
  • Roof: Shingle
  • Windows: Aluminum Frames
  • Stories/Levels: One
  • Square Feet: 3,634
  • Sq. Ft. Source: Public Records
  • Year Built: 1971

Lot Features

  • Lot Size (Acres): 0.39
  • Lot Size (Sq. Ft.): 17,000
  • Lot Size: 17000
  • Lot Dimensions: 170 x 100
  • Frontage: Street Dead-End, Street Paved
  • Street/Road Desc.: Paved, Asphalt

Financial Considerations

  • Tax Amount: $8,271
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: CLEWELL HEIGHTS FIRST ADDITION LOT 4 & 5 BLOCK 2
  • Flood Zone Info: X
  • APN: U0528191FP00000200004.0
  • Property ID: U0528191FP00000200004.0
  • Block/Lot/Section: 2
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.

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— 2501 Irene St —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 2501 Irene St

School District:Hillsborough County School District
NameGradesDistance
Mort Elementary School
1806 East Bearss Avenue, Tampa, FL 33613
PK-50.5 mi
Buchanan Middle School
1001 West Bearss Avenue, Tampa, FL 33613
6-82.3 mi
Freedom High School, Tampa, FL
17410 Commerce Park Boulevard, Tampa, FL 33647
9-124.6 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 2501 Irene St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Listed
$1,200,000
433.33%
MLS
4/27/2000
Sold
$225,000
—
Public Record
Get Price Alerts and Save Property
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 for 2501 Irene St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,096
—
$170,388
4%
2025
$3,096
12%
$163,520
—
2024
$2,776
6%
$163,520
—
2023
$2,622
12%
$164,156
11%
2022
$2,345
16%
$147,300
46%
2021
$2,026
11%
$101,124
10%
2020
$1,826
11%
$91,767
30%
2019
$1,644
12%
$70,675
10%
2018
$1,462
8%
$64,276
10%
2017
$1,360
-1%
$58,409
1%
2016
$1,375
8%
$57,619
10%
2015
$1,272
-2%
$52,381
-3%
2014
$1,298
1%
$54,249
3%
2013
$1,287
—
$52,672
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2501 Irene Street, Lutz, FL 33549 (MLS# TB8553176) is a Multi-Family property with 6 units containing 12 bedrooms and 0 full bathrooms. 2501 Irene Street is currently listed for $1,200,000 and was received on September 30, 2026. This property is listed by Brian Bernhard from our Tampa Westshore Office.Want to learn more about 2501 Irene Street? Do you have questions about finding other Multi-Family real estate for sale in Lutz? You can browse all Lutz real estate or contact a Coldwell Banker agent to request more information.

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