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2306 N Morgan St
For Sale $1,600,000 ($1,166.18 per Sq Ft)
$1,600,000 ($1,166.18 per Sq Ft)
- 7 Units
- 1,372 Sq Ft
- 6,000 Sq Ft
- Unknown Cap Rate
Description
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 immediateupside 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 investorlooking for steady cash flow. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’shistoric nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistentoccupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to owna turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.
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
Property Details
| List Price | $1,600,000 |
| Property Type | Multi-Family |
| Usable Sqft | 1,372 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1902 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A1329184XM00000500004.0 |
| MLS # | TB8449870 |
| Property ID | 322466571 |
| Lot Sqft | 6,000 |
| Zoning | RM-24 |
| Total Units | 7 |
| Days on Market | 44 |
| Original List Price | $1,600,000 |
| Date Updated | November 20, 2025 |
| Date Created | November 19, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Eddie Serralles an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 20, 2025 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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Robert Crawford
REAL ESTATE AGENT