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$585,000
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Property Description
INVESTOR ALERT - Exceptional Multi-Family Opportunity in Tampa Rare opportunity to acquire two block-construction duplexes comprising four total units on two separate parcels in Tampa's growing suburban market. Each duplex has its own tax parcel ID, offering flexibility for future individual resale, refinancing, or long-term portfolio optimization. Each unit features a 2-bedroom, 1-bath layout with a dedicated laundry room, fully fenced private yard, and two assigned parking spaces per unit-a highly desirable combination that supports long-term tenant retention. Tenants pay their own utilities, including water and trash, and each duplex is separately metered for water, keeping operating expenses efficient and predictable. Most units are currently leased, providing an immediate and stable income stream. The properties are well maintained, have experienced low vacancy, and are well positioned as workforce housing in a market with sustained rental demand. There is meaningful upside potential through interior updates and rent optimization, offering investors the opportunity to increase cash flow over time while benefiting from solid fundamentals today. Owner-occupant opportunity: A buyer could live in one unit and rent the remaining units, creating the potential to offset housing expenses while building long-term equity. Buyer to verify financing terms and rental income suitability. Not located in a flood zone. Please do not disturb tenants. Showings by appointment only. Additional information available upon request. Don't miss this opportunity to acquire a strategically located, income-producing multi-family asset with built-in future flexibility in the Tampa market.
Full Property Details
Full Property Details for 8720 N 48th St
General
- Sold For: $585,000
- Taxes: $3,529 (2024)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8471903
- Added to Site: 199 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Walk-In Closet(s)
- Appliances: Range, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Fenced
Location
- Area: 33617 - Tampa / Temple Terrace
- County: Hillsborough
- Development Name: 33617 - Tampa / Temple Terrace
- Subdivision: DRUID HILLS REV
- Driving Directions: Traveling on East Busch Blvd, turn South on N 48th Street, the properties will be on your Right and Left.
School Information
- Elementary School: Riverhills Elem
- Middle School: Greco-HB
- High School: King-HB
Community
- Community Name: 33617 - Tampa / Temple Terrace
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,576
- Sq. Ft. Source: Public Records
- Living Area: 1,576 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,550
- Lot Size: 5550
- Lot Dimensions: 50 x 111
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $3,529.64
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: DRUID HILLS RE-REVISED LOT 25 BLOCK 9
- Flood Zone Info: X
- APN: A21281943N00000900025.0
- Property ID: A21281943N00000900025.0
- Block/Lot/Section: 9
Listed by Dalton Wade Inc
Sold by Stellar Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 8720 N 48th St
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Kimbell Elementary School 8406 North 46th Street, Tampa, FL 33617 | K-5 | 0.3 mi |
Greco Middle School 6925 East Fowler Avenue, Temple Terrace, FL 33617 | 6-8 | 2.5 mi |
King High School 6815 North 56th Street, Tampa, FL 33610 | 9-12 | 1.8 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 8720 N 48th St
Date
Details
Price
Change
Source
6/12/2026
Sold
$585,000
-2.34%
MLS
3/18/2026
Price Reduced
$599,000
-1.8%
MLS
2/26/2026
Price Reduced
$610,000
-3.17%
MLS
2/02/2026
Listed
$630,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8720 N 48th Street, Tampa, FL 33617 (MLS# TB8471903) is a Duplex property that was sold at $585,000 on June 12, 2026. Want to learn more about 8720 N 48th Street? Do you have questions about finding other Duplex real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

