$1,200,000

For sale

2501 Ir••••• St (Sign up for 50 free credits to unlock)Lutz, FL 33549

12Beds
6Baths
3,634Sq Ft Living
16,988Sq Ft Lot
1971Year Built

Property Description

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. 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. New Septic System 2026. 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.

Property Facts & Features

Property Type
Multi Family
Status
Active
Listed
Sep 29, 2026
Price per Sq Ft
$330/sqft
ZIP Code
33549
Full Baths
6
Stories
1
Parking
Assigned, Common, Driveway, Ground Level, Off Street, Open, Parking Pad
Heating
Central
Cooling
Central Air
Construction
Block
Neighborhood
Clewell Heights
County
Hillsborough
School District
Hillsborough County Public Schools
Cats
Allowed
Dogs
Allowed

Features & Amenities

Bedrooms

  • Bedrooms: 12

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Land Info

  • Additional Parcels Description: U-05-28-19-1FP000002-00005.0
  • Additional Parcels: Yes
  • Lot Description: In County, Landscaped, Level, Street Dead-End, Paved
  • Lot Size Acres: 0.39
  • Lot Size Dimensions: 170 x100
  • Number of Lots: 2
  • Lot Size Square Feet: 17000

Utilities

  • Sewer: Aerobic Septic
  • Electricity Connected
  • Fire Hydrant
  • Water Connected
  • Water Source: Public

Appliances

  • Electric Water Heater
  • Microwave
  • Refrigerator

Rental Info

  • Gross Income: 79200
  • Lease Term: Twelve Months
  • Tenant Pays: Electricity

Home Features

  • Other Equipment: Private Entrance, Private Yard

Multi-Unit Info

  • Number of Buildings: 2
  • Number of Units: 6
  • Bedrooms in Unit-1: 2
  • Total Bathrooms in Unit-1: 1
  • Full Bathrooms in Unit-1: 1
  • Unit-1 Description: 2 Bedroom
  • Unit-1 Square Feet: 605
  • Unit 1 Total Actual Rent: 1100

Interior Features

  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Furnished Description: Unfurnished
  • Flooring: Tile
  • Window Features: Aluminum Frames

Garage and Parking

  • Parking Features: Assigned, Common, Driveway, Ground Level, Off Street, Open, Parking Pad

School Information

  • Elementary School: Mort-HB
  • High School: Freedom-HB
  • Middle School: Buchanan-HB

Heating and Cooling

  • Cooling Features: Central Air
  • Heating Features: Central
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 8271
  • Tax Block: 2
  • Source Listing Status: Active
  • County: Hillsborough
  • Directions: From Bearrs and Livingston North 1 block to West on Irene St.
  • Tax Year: 2025
  • Ownership: Fee Simple
  • Area: 33549 - Lutz
  • Source Neighborhood: CLEWELL HEIGHTS FIRST ADD
  • Number of Separate Electric Meters: 7
  • Number of Separate Water Meters: 1
  • Parcel Number: U-05-28-19-1FP-000002-00004.0
  • Postal Code Plus 4: 3116
  • Public Survey Section: 05
  • Subdivision: CLEWELL HEIGHTS FIRST ADD
  • Township: 28
  • Zoning: RMC-16
  • Property Subtype: Quadruplex

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0
  • Pets Allowed: Yes

Building and Construction

  • Total Square Feet Living: 3634
  • Year Built: 1971
  • Building Area Source: Public Records
  • Building Area Total: 3768
  • Construction Materials: Block
  • Foundation Details: Slab
  • Levels: One
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Property Age: 55
  • Property Attached: Yes
  • Roof: Shingle
  • Levels or Stories: One
  • Structure Type: Walk-Up
  • Total Area Sqft: 3634

Exterior and Lot Features

  • Private Entrance
  • Private Mailbox
  • Private Yard
  • Patio And Porch Features: Covered, Porch
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Asphalt
  • Porch: Yes

Location

Lat 28.08339 · Lng -82.43248