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Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each),one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediateupside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income.Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investorlooking for steady cash flow. Positioned minutes from some of Tampa's most vibrant attractions, residents enjoy easy access to Ybor City'shistoric nightlife, Downtown Tampa's Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistentoccupancy, recent updates, and a prime location near all the city's key amenities, 2306 Morgan stands out as an exceptional opportunity to owna turn-key multifamily asset in one of Tampa's most in-demand rental corridors.
| DAYS ON MARKET | 17 | LAST UPDATED | 11/19/2025 |
|---|---|---|---|
| TRACT | GROVE HEIGHTS | YEAR BUILT | 1902 |
| COMMUNITY | 33602 - Tampa | COUNTY | Hillsborough |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33602 - Tampa |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Stucco, Wood Siding |
| EXTERIOR | Other |
| HEAT | Ductless |
| INTERIOR | Other |
| LOT | 6098 sq ft |
| LOT DIMENSIONS | 50x120 |
| SEWER | Public Sewer |
| SUBDIVISION | GROVE HEIGHTS |
| TAXES | 4959 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Eddie Serralles, SERRALLES GROUP,INC, 813-307-0007
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 2:41 PM PST.
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