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$1,199,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.17 Acres
  • Updated 1 day ago
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Fully rented multi-unit investment opportunity just minutes from Armature Works and Downtown Tampa. This income-producing property features multiple structures with strong rental flexibility and future development potential in a rapidly growing corridor. The front building includes a 4 bedroom / 2 bath layout currently configured into four individual units, plus an upstairs 2 bedroom / 1 bath unit and an additional 1 bedroom / 1 bath unit below. In the rear of the property, a detached 1 bedroom / 1 bath cottage provides additional income and tenant appeal. Property features include community laundry, private laundry inside the 4/2, and multiple rental configurations designed to maximize cash flow. Prime location near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. Fully rented with immediate income in place. Strong cash flow today with long-term appreciation and redevelopment upside. Ideal for investors seeking stabilized returns in a high-demand area.

Full Property Details for 316 W Columbus Dr

General

  • Price: $1,199,900
  • Taxes: $5,072 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8476378
  • Updated: 2/16/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Walk-In Closet(s)
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Inside, Laundry Closet

Exterior

  • Exterior Features: Courtyard, Private Yard

Location

  • Area: 33602 - Tampa
  • County: Hillsborough
  • Development Name: 33602 - Tampa
  • Subdivision: WEST HIGHLANDS
  • Driving Directions: From I-275, take Exit 44 toward Downtown East/West and merge onto N Tampa Street heading south; continue approximately 0.6 miles, then turn right onto W Columbus Drive, and the property will be on the south (right) side of the street.

Community

  • Community Name: 33602 - Tampa

Heating & Cooling

  • Cooling Type: Central Air, Mini-Split Unit(s)
  • Heating Type: Wall Units / Window Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Wood Siding
  • Roof: Shingle
  • Square Feet: 2,606
  • Sq. Ft. Source: Public Records
  • Year Built: 1921

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,440
  • Lot Size: 7440
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $5,072
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: WEST HIGHLANDS LOT 8 LESS N 6 FT FOR R/W BLOCK 1
  • Flood Zone Info: X
  • APN: A1329184Y300000100008.0
  • Property ID: A1329184Y300000100008.0
  • Block/Lot/Section: 1

Listed by Realty Experts

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— 316 W Columbus Dr —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 316 W Columbus Dr

School District:Hillsborough County School District
NameGradesDistance
Graham Elementary School, Tampa, FL
2915 North Massachusetts Avenue, Tampa, FL 33602
K-50.2 mi
Madison Middle School, Tampa, FL
4444 West Bay Vista Avenue, Tampa, FL 33611
6-85.4 mi
Hillsborough High School
5000 North Central Avenue, Tampa, FL 33603
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 316 W Columbus Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/16/2026
Listed
$1,199,900
54.83%
MLS
10/03/2025
Sold
$775,000
—
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 316 W Columbus Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,661
12%
$333,842
—
2024
$5,072
7%
$333,842
6%
2023
$4,725
18%
$315,730
27%
2021
$3,997
-10%
$249,529
-18%
2022
$4,428
11%
$302,732
51%
2021
$3,997
34%
$201,147
43%
2019
$2,978
20%
$140,940
23%
2018
$2,484
47%
$115,042
26%
2017
$1,686
14%
$91,100
51%
2016
$1,473
13%
$60,501
10%
2015
$1,308
21%
$55,001
10%
2014
$1,083
2%
$50,001
4%
2013
$1,062
—
$48,113
—
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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316 W Columbus Drive, Tampa, FL 33602 (MLS# TB8476378) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 316 W Columbus Drive is currently listed for $1,199,900 and was received on February 16, 2026. Want to learn more about 316 W Columbus Drive? Do you have questions about finding other Multi-Family real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

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