$450,000
1403 College Park Lane Tampa, FL 33612
For Sale MLS# TB8466971
4 beds 3 baths 1,656 sq ft Multi-family
Details for 1403 College Park Lane
MLS# TB8466971
Description for 1403 College Park Lane, Tampa, FL, 33612
Excellent Investment Opportunity – Cash-Flowing Triplex in Tampa! 1403 College Park Lane, Tampa, FL 33612 Turnkey income producer in a highly convenient location! This triplex offers three separate units with strong rental demand and immediate cash flow: Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Block construction with washer/dryer inside for added tenant appeal. Central AC. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction. Window units AC Unit C (Left – Efficiency / 1 Bath): Leased at $1,000/month. Frame construction. Window unit AC Total current monthly income: $4,150 Investor Advantages: Association covers water, sewer, and trash (one water meter for the community) – significantly reducing operating expenses. Units are individually metered for electricity, so tenants pay their own power. Strong rental history with two units already leased and performing. Mix of unit sizes appeals to a wide tenant pool (students, professionals, and small families). Prime Location – Just minutes from the University of South Florida (USF), major shopping, dining, public transportation, and easy access to I-275. This pocket offers consistent demand from USF affiliates, medical professionals, and local workers. Whether you’re looking for a turnkey addition to your portfolio or a solid value-add property with upside potential through minor updates, this triplex delivers reliable income in a proven Tampa rental market. Serious investors – schedule your showing today and secure this performing asset before it’s gone! Perfect for 1031 exchanges or portfolio expansion in the Tampa Bay area.
Listing Information
Property Type: Residential, Triplex
Status: Active
Bedrooms: 4
Bathrooms: 3
Lot Size: 0.25 Acres
Square Feet: 1,656 sq ft
Year Built: 1965
Construction: Concrete
Subdivision: Hamners W E Homestead Acres
Foundation: Slab
Number Of Units Total: 3
County: Hillsborough
School Information
Elementary: Miles-Hb
Middle: Liberty-Hb
High: Freedom-Hb
Additonal Room Information
Laundry: Laundry Closet
Interior Features
Doors/Windows: Window Treatments
Additional Interior Features: Window Treatments
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Cable Connected,Electricity Available,Electricity Connected,Municipal Utilities,Water Connected
Cooling: Wall/Window Unit(s)
Heating: Window Unit, Wall Furnace
Exterior / Lot Features
Roof: Shingle
Additional Exterior/Lot Features: Lighting, Fence, Cul-de-Sac
Community Features
Community Features: Sidewalks
Homeowners Association: Yes
HOA Dues: $273 / Monthly
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1000
Unit 1 Baths Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1200
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1900
Unit 3 Baths Total: 1
Unit 3 Beds Total: 3
Driving Directions
E. Fowler Avenue (east of I-275 & west of Bruce B. Downs), go north on N. 15 Street, left on College Park Lane, property is at the end on the left
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: U-07-28-19-1GN-D00000-00008.4
Tax Amount: 5257.5
Tax Year: 2024
A broker reciprocity listing courtesy: DALTON WADE INC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1403 College Park Lane
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1403 College Park Lane
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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