$2,500,000

2306 N Morgan Street, Tampa, FL 33602

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$2,500,000

(500,000) 11/17/2025

2306 N Morgan Street Tampa, FL 33602

For Sale MLS# TB8444805

1,372 sq ft Multi-family

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Data current as of 23/12/2025 01:18:19

Details for 2306 N Morgan Street

MLS# TB8444805

Description for 2306 N Morgan Street, Tampa, FL, 33602


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.

Listing Information


Property Type: Commercial, Multi Family

Status: Active

Lot Size: 0.14 Acres

Square Feet: 1,372 sq ft

Year Built: 1902

Construction: Stucco,Wood Siding,Wood Frame

Construction Display: New Construction

Subdivision: Grove Heights

Foundation: Crawlspace,Slab

Number Of Units Total: 7

County: Hillsborough

Construction Status: New Construction

Interior Features


Flooring: Carpet

Basement: Crawl Space

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Electricity Available

Cooling: Central Air

Heating: Central

Exterior / Lot Features


Roof: Shingle

Lot Dimensions: 240X100

Driving Directions


Nebraska to Columbus Dr. turn east go to Morgan turn left proprty on the right.

Financial Considerations


Terms: Cash,Conventional,FHA

Tax/Property ID: A-13-29-18-4XM-000005-00004.0

Tax Amount: 4924

Tax Year: 2024

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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

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 2306 N Morgan Street

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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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