2318 W Powhatan Avenue, Tampa, FL 33603
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: mike youngblood
Office: tmwrk brokerage llc.
MLS#:TB8524344
Source:MFRMLS
Price summary
- Price:$319,900
- Price per sq. ft.:$180.53
About this home
Prime West Tampa Investment Opportunity – 3-Unit Income Property. Looking to add a strong cash-flowing asset to your portfolio? This West Tampa property offers a rare configuration: a single-family home legally set up and functioning as a triplex, all under one electric and water meter, simplifying utilities while maximizing rental potential. The location is unbeatable, just minutes from Tampa International Airport, Downtown Tampa, and Raymond James Stadium, putting tenants close to major employment centers, entertainment, and game-day energy. The property features three units: a 2 bed/1 bath unit with central A/C (approximately 5 years old), a 1 bed/1 bath unit with a window A/C unit, and a studio unit also with a window A/C unit. The property is fully livable in its current condition and generating rental-ready value today, with room to boost returns through cosmetic updates such as fresh paint, flooring, and finishes that could go a long way toward increasing rents and long-term value. The roof was replaced just 2 years ago, offering peace of mind on one of the biggest-ticket items for any investor. As an added bonus, solar panels are already installed on the roof; they are not currently active, and a buyer would need to bring in a solar company to complete the installation and activate the system, but the groundwork is there for a future energy-cost advantage. This is a solid, income-ready opportunity for an investor looking to acquire a multi-unit cash flow property in one of Tampa's most connected corridors, bring your vision for updates and unlock the full upside this property has to give....
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Home facts
- Year built:1960
- Subdivision & Development:HAMNERS MARJORY B RENMAH
- Listing ID #:TB8524344
- Added:97 day(s) ago
- Updated:October 08, 2026 at 12:57 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Ceramic Tile, Laminate
- Kitchen Description:Refrigerator
- Living area:1,378 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1960
- Building area:1,378 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Block, Stucco
- Exterior Features:Private Mailbox
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$319,900
- Price per sq. ft.:$180.53
- Tax amount:$405 (2025)
Features and amenities
- Appliances:Refrigerator
- Laundry features:Inside
- Amenities:Cable Available, Ceiling Fans(s)
- Pool features:Public Pool
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