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For sale
  • $1,200,000

    2501 IRENE STREET, LUTZ, FL 33549

    12beds
    6baths
    3,634sqft
    : 
    $8,474/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1971
    -- sqft lot
    $1,138,100 Zestimate®
    $330/sqft
    $-- HOA

    What's special

    Asphalt shingle roofingWell-maintained grounds
    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.
    12 days
    175
    9

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Bernhard 813-833-5509,

    COLDWELL BANKER REALTY 813-289-1712

    Source: Stellar MLS,MLS#: TB8553176MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Microwave, Refrigerator
      • Laundry: None
      Features
      • Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 3,768
      • Total interior livable area: 3,634 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned, Common, Driveway, Ground Level, Off Street, Open, Parking Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Porch
      • Exterior features: Private Entrance, Private Mailbox, Private Yard
      Lot
      • Size: 0.39 Acres
      • Dimensions: 170 x 100
      • Features: In County, Landscaped, Level, Street Dead-End
      Details
      • Additional parcels included: U-05-28-19-1FP000002-00005.0
      • Parcel number: U0528191FP00000200004.0
      • Zoning: RMC-16
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Water: Public
      • Utilities for property: Electricity Connected, Fire Hydrant, Street Lights, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: CLEWELL HEIGHTS FIRST ADD
      HOA
      • Has HOA: No
      Location
      • Region: Lutz

      Financial & listing details

      • Price per square foot: $330/sqft
      • Tax assessed value: $296,699
      • Annual tax amount: $8,271
      • Date on market: 9/30/2026
      • Cumulative days on market: 12 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Lease term: 12 Months
      • Total actual rent: 6600
      • Tenant pays: Electricity
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $1,138,100

        $1.08M - $1.20M

        $1,513/mo

        Price history

        DateEventPrice
        9/30/2026Listed for sale$1,200,000+433.3%$330/sqft
        Source: Stellar MLS #TB8553176 Report a problem
        4/27/2000Sold$225,000+91.5%$62/sqft
        Source: Public Record Report a problem
        6/10/1998Sold$117,500$32/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,176 +11.9%$224,121 +10%
        2024$4,625 +4.7%$203,746 +10%
        2023$4,419 +10.3%$185,224 +10%
        2022$4,004 +16.5%$168,385 +10%
        2021$3,437 +10%$153,077 +10%
        2020$3,126 +10.2%$139,161 +10%
        2019$2,835 $126,510 +8.3%
        2018$2,835 +15.4%$116,868 +11.8%
        2017$2,456 +8.6%$104,554 +1.8%
        2016$2,261 -1.2%$102,732 +10%
        2015$2,289 +7.7%$93,393 -2.6%
        2014$2,126 $95,900 +3.2%
        2013$2,126 +7.1%$92,918 +8.5%
        2012$1,986 -16.6%$85,625 -18.5%
        2011$2,382 -3.1%$105,027 -4.1%
        2010$2,459 -14.2%$109,541 -15.4%
        2009$2,867 -21.4%$129,481 -22.9%
        2008$3,649 +14.1%$167,896 +13.2%
        2007$3,198 -10.4%$148,367 -3%
        2006$3,568 +6.8%$152,990 +10.9%
        2005$3,341 $137,963 +10.3%
        2004-- $125,050 +22%
        2003-- $102,467 -2.4%
        2002-- $105,037 +3.4%
        2001-- $101,584 +5.9%
        2000$2,657 $95,929
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33549

        Getting around

        58 / 100
        Somewhat Walkable
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mort-HB
        • Middle: Buchanan-HB
        • High: Freedom-HB

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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