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5604 N CHEROKEE AVENUE, TAMPA, FL 33604

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Listing Type
Multi Family
Listing Status
pending
49
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$480,000

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Home Details for 5604 N CHEROKEE AVENUE
Price
$480,000
Type
Multi Family
Year Build
1926
Sq. Ft.
2526
Lot Size
0.17
County
Hillsborough
Basement
Crawl Space
Tax
$6,497.54
MLS®️ Listing#
TB8398473
On exitrealty.com
149 days
Property Description
Under contract-accepting backup offers. Investor Special – Duplex Potential in Prime Seminole Heights Location! Don’t miss this rare opportunity to own a versatile income-generating property in the heart of Old Seminole Heights. This charming 1926 home features a 2BD/2BA + Office main residence plus a private 1BD/1BA upstairs apartment with its own entry—ideal for house hacking, short-term rental income, or multigenerational living. Major updates include a 2020 metal roof, 2022 upstairs AC, and new main home air handler, making this a low-maintenance investment. The spacious 56x132 lot offers a fully fenced backyard, mature trees, and room for future additions or outdoor amenities. Rental Income Potential: Main House: $2,200–$2,500/month Upstairs Apartment: $1,600–$1,800/month Total Gross Rent: $3,800–$4,300/month With an asking price of $500,000 and a conservative ARV of $700,000–$750,000, this property offers strong cash flow today with big upside tomorrow. Zoned residential with no HOA and located minutes from popular restaurants, breweries, parks, and downtown Tampa. This is your chance to invest in one of Tampa’s most sought-after and fastest-appreciating neighborhoods. Live in one unit and rent the other—or rent both and maximize ROI.
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Property Features
Listing Courtesy: OLYMPUS EXECUTIVE REALTY INC - 407-469-0090
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-08-03 08:00:41
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EXIT BAYSHORE REALTY
201 E. Davis Blvd, Tampa, FL 33606
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$480,000

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EXIT BAYSHORE REALTY
201 E. Davis Blvd, Tampa, FL 33606
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