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.
For sale
$999,999
316 W COLUMBUS DRIVE, TAMPA, FL 33602
8beds
6baths
2,606sqft
Quadruplex, Multi Family
Built in 1921
-- sqft lot
$947,800 Zestimate®
$384/sqft
$-- HOA
What's special
Community laundryFour individual units
- 187 days |
- 297 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Kyle Noseworthy 215-589-3677,
REALTY EXPERTS 727-888-1000,
Jimmy Brylinke, II 727-688-8744,
REALTY EXPERTS
Source: Stellar MLS,MLS#: TB8476378
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Wall Units / Window Unit
Cooling
- Central Air, Ductless
Appliances
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Ceramic Tile
- Has fireplace: No
Interior area
- Total interior livable area: 2,606 sqft
Video & virtual tour
Property
Features
- Exterior features: Courtyard, Private Yard
Lot
- Size: 7,440 Square Feet
Details
- Parcel number: A1329184Y300000100008.0
- Zoning: RM-16
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Frame, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WEST HIGHLANDS
HOA
- Has HOA: No
Location
- Region: Tampa
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $333,842
- Annual tax amount: $5,072
- Date on market: 2/16/2026
- Cumulative days on market: 186 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
Zestimate®
$947,800
Estimated sales range
$900,000 - $995,000
Rent Zestimate®
$3,082/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Price change | $999,999-4.8%$384/sqft |
Source: | ||
| 3/19/2026 | Price change | $1,049,900-4.5%$403/sqft |
Source: | ||
| 2/23/2026 | Price change | $1,099,900-8.3%$422/sqft |
Source: | ||
| 2/16/2026 | Listed for sale | $1,199,900+54.8%$460/sqft |
Source: | ||
| 10/14/2025 | Sold | $775,000+18.3%$297/sqft |
Source: Public Record Report a problem | ||
| 6/9/2025 | Sold | $655,000+227.5%$251/sqft |
Source: Public Record Report a problem | ||
| 8/2/2013 | Sold | $200,000$77/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,661 +11.6% | $333,842 +47.1% |
| 2024 | $5,072 +7.3% | $226,985 +10% |
| 2023 | $4,725 +6.7% | $206,350 +10% |
| 2022 | $4,428 +10.8% | $187,591 +10% |
| 2021 | $3,997 +13.6% | $170,537 +10% |
| 2020 | $3,519 +18.2% | $155,034 +10% |
| 2019 | $2,978 | $140,940 +22.5% |
| 2018 | $2,978 +19.9% | $115,042 +26.3% |
| 2017 | $2,484 +47.3% | $91,100 +50.6% |
| 2016 | $1,686 +14.5% | $60,501 +10% |
| 2015 | $1,473 +36% | $55,001 +10% |
| 2014 | $1,083 | $50,001 +3.9% |
| 2013 | $1,083 +6.5% | $48,113 +5.7% |
| 2012 | $1,017 -37.1% | $45,508 -37.9% |
| 2011 | $1,617 -18.7% | $73,244 -19.5% |
| 2010 | $1,988 -31.7% | $91,002 -31.7% |
| 2009 | $2,913 -36.6% | $133,317 -36.6% |
| 2008 | $4,597 -12.4% | $210,412 -13.5% |
| 2007 | $5,248 -0.2% | $243,282 +9.2% |
| 2006 | $5,260 +16.3% | $222,863 +19.9% |
| 2005 | $4,523 | $185,820 +35.6% |
| 2004 | -- | $137,068 +33.3% |
| 2003 | -- | $102,819 +21.7% |
| 2002 | -- | $84,475 +53.8% |
| 2001 | -- | $54,923 +26.5% |
| 2000 | $1,107 | $43,405 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Tampa Heights
Nearby schools
GreatSchools rating
- 3/10Graham Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Stewart Middle Magnet SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Hillsborough High SchoolGrades: PK,9-12Distance: 1.7 mi
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