2306 N MORGAN STREET, TAMPA, FL 33602

Description of 2306 N MORGAN STREET, TAMPA, FL 33602

Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’s historic nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

Property Details for 2306 N MORGAN STREET, TAMPA, FL 33602

Flooring

Carpet, Linoleum

Heating

Wall Units / Window Unit

Cooling

Wall/Window Unit(s)

Direction Faces

West

Building Information for 2306 N MORGAN STREET, TAMPA, FL 33602

Building Area Total

4483

Building Area Units

Square Feet

Property Information for 2306 N MORGAN STREET, TAMPA, FL 33602

Lot Size Square Feet

6,000

Waterfront

No

View

No

Construction Materials

Stucco, Wood Siding

New Construction

No

Public Records for 2306 N MORGAN STREET, TAMPA, FL 33602

Parcel Number

A1329184XM00000500004.0

Tax Annual Amount

$4,959

Tax Year

2024

Tax Legal Description

GROVE HEIGHTS LOT 4 BLOCK 5

Zoning

RM-24

County Or Parish

Hillsborough

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