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Sold for $585,000
  • $585,000

    8720 N 48th St, Tampa, FL 33617

    8beds
    4baths
    1,576sqft
    Duplex, Multi Family
    Built in 1972
    -- sqft lot
    $291,600 Zestimate®
    $371/sqft
    $1,603 Estimated rent

    Home value

    $291,600

    $274,000 - $312,000

    $1,603/mo

    Zestimate® history
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    $3,940/mo

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    $3,940/mo

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    What's special

    Block-construction duplexesFully fenced private yardDedicated laundry room
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Vivian Resnick 813-410-2890,

    DALTON WADE INC 888-668-8283

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: TB8471903MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Walk-In Closet(s)
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 1,676
    • Total interior livable area: 1,576 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced
    Lot
    • Size: 5,550 Square Feet
    • Dimensions: 50 x 111
    Details
    • Additional parcels included: 142315-0810
    • Parcel number: A21281943N00000900025.0
    • Zoning: RM-16
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: DRUID HILLS REV
    HOA
    • Has HOA: No
    Location
    • Region: Tampa

    Financial & listing details

    • Price per square foot: $371/sqft
    • Tax assessed value: $166,930
    • Annual tax amount: $3,529
    • Date on market: 2/2/2026
    • Cumulative days on market: 86 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 1250
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    6/12/2026Sold$585,000-2.3%$371/sqft
    Source: Stellar MLS #TB8471903 Report a problem
    5/1/2026Pending sale$599,000$380/sqft
    Source: Stellar MLS #TB8471903 Report a problem
    3/18/2026Price change$599,000-1.8%$380/sqft
    Source: Stellar MLS #TB8471903 Report a problem
    2/26/2026Price change$610,000-3.2%$387/sqft
    Source: Stellar MLS #TB8471903 Report a problem
    2/3/2026Listed for sale$630,000-74.8%$400/sqft
    Source: Stellar MLS #TB8471903 Report a problem
    1/1/2025Listing removed$2,500,000$1,586/sqft
    Source: Stellar MLS #T3521135 Report a problem
    11/1/2024Listed for sale$2,500,000-4.6%$1,586/sqft
    Source: Stellar MLS #T3521135 Report a problem
    9/27/2024Listing removed$2,620,000$1,662/sqft
    Source: Stellar MLS #T3521135 Report a problem
    9/6/2024Price change$2,620,000-1.1%$1,662/sqft
    Source: Stellar MLS #T3521135 Report a problem
    5/21/2024Price change$2,650,000-2.9%$1,681/sqft
    Source: Stellar MLS #T3521135 Report a problem
    5/6/2024Price change$2,730,000-1.1%$1,732/sqft
    Source: Stellar MLS #T3521135 Report a problem
    4/23/2024Listed for sale$2,760,000+78.1%$1,751/sqft
    Source: Stellar MLS #T3521135 Report a problem
    5/20/2021Sold$1,550,000+264.7%$984/sqft
    Source: Public Record Report a problem
    1/20/2021Pending sale$425,000$270/sqft
    Source: Stellar MLS #T3269316 Report a problem
    11/3/2020Listed for sale$425,000-13.2%$270/sqft
    Source: Stellar MLS #T3269316 Report a problem
    3/14/2011Sold$489,400-32%$311/sqft
    Source: Public Record Report a problem
    10/28/2005Sold$720,000$457/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,486 -1.2%$166,930 -5.3%
    2024$3,530 +1.8%$176,245 +2.7%
    2023$3,469 +4.8%$171,672 +5.7%
    2022$3,311 +30.8%$162,461 +35.8%
    2021$2,532 +6.8%$119,636 +8.6%
    2020$2,371 +9.7%$110,173 +10%
    2019$2,161 $100,157 +29.3%
    2018$2,161 +9.6%$77,452 +32.1%
    2017$1,971 +63.4%$58,623 +23.1%
    2016$1,206 -23.1%$47,607 -79.1%
    2015$1,569 -67.7%$227,900 +1.8%
    2014$4,853 $223,800 +5.3%
    2013$4,853 -63.6%$212,546 -62.1%
    2006$13,317 +14.1%$560,994 +17.8%
    2005$11,667 $476,213
    Find assessor info on the county website

    Neighborhood: Temple Crest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Riverhills Elem
    • Middle: Greco-HB
    • High: King-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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    Estimated market value
    $291,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $291,600