$319,900

For sale

2318 W••••• Powhatan Ave (Sign up for 50 free credits to unlock)Tampa, FL 33603

3Beds
3Baths
1,378Sq Ft Living
6,098Sq Ft Lot
1960Year Built

Property Description

Under contract-accepting backup offers. 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.

Property Facts & Features

Property Type
Single Family
Status
For Sale
Listed
Jul 1, 2026
Price per Sq Ft
$232/sqft
ZIP Code
33603
Full Baths
3
Stories
1
Heating
Central, Electric
Cooling
Central Air, Wall/Window Unit(S)
Construction
Block, Stucco
Property Tax (2025)
$404/yr
Assessed Value
$54,523
Last Sold
$145,000 · Jun 8, 2006
Neighborhood
Northwest Tampa
County
Hillsborough
School District
Hillsborough County Public Schools

Estimated Value

$310,600Range $275,800 to $358,200

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Land Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6180

Utilities

  • Sewer: Public Sewer
  • Cable Available
  • Electricity Connected
  • Public
  • Sewer Connected
  • Water Connected
  • Water Source: Public

Appliances

  • Refrigerator
  • Laundry Features: Inside

Other Rooms

  • Total Rooms: 3

Rental Info

  • Lease Term: Minimum Lease: No Minimum

Home Features

  • Other Equipment: Private Entrance, Private Yard

Interior Features

  • Ceiling Fans(s)
  • Furnished Description: Unfurnished
  • Flooring: Ceramic Tile, Laminate

Heating and Cooling

  • Cooling Features: Central Air, Wall/Window Unit(s)
  • Heating Features: Central, Electric
  • Heating: Yes

Other Property Info

  • InLawSuite: Yes
  • Annual Tax Amount: 405
  • Tax Block: 3
  • Source Listing Status: Active Under Contract
  • County: Hillsborough
  • Directions: Travel east on E Sligh Ave. Turn left onto N Armenia Ave. Turn left onto W Powhatan Ave. Home is on the right.
  • Tax Year: 2025
  • Ownership: Fee Simple
  • Area: 33603 - Tampa / Seminole Heights
  • Source Neighborhood: HAMNERS MARJORY B RENMAH
  • Parcel Number: A-35-28-18-3H0-000003-00019.0
  • Postal Code Plus 4: 1045
  • Public Survey Section: 35
  • Subdivision: HAMNERS MARJORY B RENMAH
  • Township: 28
  • Zoning: RS-60
  • Property Subtype: Single Family Residence

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0

Building and Construction

  • Total Square Feet Living: 1378
  • Year Built: 1960
  • Building Area Source: Public Records
  • Building Area Total: 1772
  • Construction Materials: Block, Stucco
  • Direction Faces: North
  • Foundation Details: Slab
  • Levels: One
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Property Age: 66
  • Roof: Shingle
  • Levels or Stories: One
  • Total Area Sqft: 1378

Exterior and Lot Features

  • Private Entrance
  • Private Mailbox
  • Private Yard
  • Fencing: Wood
  • Road Surface Type: Paved

Location

Lat 27.99880 · Lng -82.48384