1210 E 140th Ave, Tampa, FL 33613 | For Sale

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For Sale $310,000 ($234.32 per Sq Ft)

$310,000 ($234.32 per Sq Ft)
  • (0)
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,323 Sq Ft
  • 9,179 Sq Ft

Description

Value-add duplex investment opportunity in Tampa with immediate in-place income and substantial upside potential. 1210 E 140th Ave features a tenant-occupied duplex consisting of a 2-bedroom, 1-bath Unit A currently rented at $1,300/month and a 1-bedroom, 1-bath Unit B currently rented at $1,000/month, both on month-to-month leases with tenants intending to stay. The property currently operates at an approximate 6% cap rate based on current in-place income and estimated operating expenses, with clear upside through repositioning. This is a true investor value-add opportunity, with both units offering renovation upside and the potential for increased rental income through improvements to kitchens, bathrooms, drywall, and overall interior upgrades. Unit A features newer cabinetry, stainless steel appliances, and range, while Unit B has had some bathroom improvements completed. Estimated post-renovation market rents are approximately $1,600/month for the 2/1 and $1,300–$1,400/month for the 1/1. Major updates include roof replaced in 2016 and central AC in Unit A replaced in 2016, while Unit B currently utilizes window units. Property includes two separate electric meters with tenant-paid electric, one shared water meter with owner-paid water averaging approximately $100/month, helping maintain relatively low operating expenses. Property will not be delivered vacant and is being sold strictly AS-IS, with seller making no repairs. Excellent opportunity for investors seeking stable current cash flow with strong repositioning and rental upside in a growing Tampa market.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $310,000
Property Type Duplex (2-units)
Usable Sqft 1,323
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1969
Last Sold Unknown
Sold Price Unknown
APN # U0628191GH00000200011.0
MLS # TB8511454
Property ID 315500688
Lot Sqft 9,179
Zoning RMC-20
Days on Market 7
Original List Price $310,000
Date Updated May 25, 2026
Date Created May 21, 2026
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Listing Provided By

Wallas Silva an agent of .


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of May 25, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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