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$3,000,000
New Listing

2306 N MORGAN STREET
TAMPA, FL 33602

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1,372
SqFt
$2,187
/SqFt
1902
Built
Subdivision:
GROVE HEIGHTS
County:
Hillsborough
Call Now: (561) 935-3331
Is this the listing for you? We can help make it yours.
(561) 935-3331
2306 N MORGAN STREET2306 N MORGAN STREET2306 N MORGAN STREET
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Located in the highly desirable Tampa Heights submarket,2306-2308 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: The lot at 2308 Morgan Street is zoned RM-24, allowing future investors the flexibility to redevelop both parcels into higher-density multifamily or modern townhomes. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. The property also includes a separate lot designated for tenant parking, adding convenience and long-term value. 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.

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Listing Snapshot
Price 
$3,000,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,372 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1902
MLS® Number 
TB8444805
Status 
Active
Property Tax 
$4,924
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
9 hours agoListing first seen on site
General Features
Acres 
0.14
Foundation 
Slab
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
1439
Utilities 
Electricity Available
Water Source 
Public
Zoning 
RM-24
Interior Features
Basement 
Crawl Space
Cooling 
Central Air
Flooring 
Carpet
Heating 
Central
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Exterior Features
Construction Details 
StuccoFrameWood Siding
Road Frontage 
Other
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventionalFHA
MLS Area 
33602 - Tampa
Roads 
Asphalt
Township 
29
Listing courtesy of SERRALLES GROUP,INC 8136101563



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-11-06 01:38 AM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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