$1,600,000
2306 N Morgan Street Tampa, FL 33602
For Sale MLS# TB8449870
9 beds 7 baths 1,372 sq ft Multi-family
Details for 2306 N Morgan Street
MLS# TB8449870
Description for 2306 N Morgan Street, Tampa, FL, 33602
Located in the highly desirable Tampa Heights submarket, 2306 Morgan Street is a well-positioned multifamily asset consisting of two buildings totaling 7 units across 4,315 square feet. The property includes a front triplex built in 1902 and a rear quadplex built in 1926, offering a compelling blend of historic charm and modern improvements. The asset features a diverse unit mix comprised of two studios (approximately 343 SF each), one 1-bedroom/1-bath unit (682 SF), and four 2-bedroom/1-bath units (approximately 735 SF each). The property has benefited from recent capital improvements, including a new roof installed within the past 2–3 years, along with additional upgrades and fresh interior and exterior paint, providing strong curb appeal and a low-maintenance ownership profile. Income totals include a combination of market rents and housing assistance payments, offering stable cash flow with upside potential. Several long-term tenants are currently paying below-market rents, creating an opportunity to optimize rents to market levels over time. Additional value-add strategies include implementing utility bill-backs, particularly for water, to further enhance net operating income. Redevelopment or reconfiguration potential may exist, subject to buyer due diligence. Positioned minutes from some of Tampa’s most vibrant destinations, 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 central location, 2306 Morgan Street stands out as a strong opportunity to own a turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.
Listing Information
Property Type: Residential, Multi Family
Status: Active
Bedrooms: 9
Bathrooms: 7
Lot Size: 0.14 Acres
Square Feet: 1,372 sq ft
Year Built: 1902
Construction: Stucco,Wood Siding
Subdivision: Grove Heights
Foundation: Crawlspace,Slab
Number Of Units Total: 7
County: Hillsborough
Additonal Room Information
Laundry: Washer Hookup, Electric Dryer Hookup
Interior Features
Flooring: Carpet,Linoleum
Basement: Crawl Space
Additional Interior Features: Other
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Municipal Utilities
Cooling: Wall/Window Unit(s)
Heating: Window Unit, Wall Furnace
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 50x120
Additional Exterior/Lot Features: Other
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1530
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1300
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1400
Unit 3 Baths Total: 1
Unit 3 Beds Total: 2
Unit 4 Units Total: 1
Unit 4 Actual Rent: 1550
Unit 4 Baths Total: 1
Unit 4 Beds Total: 2
Unit 5 Units Total: 1
Unit 5 Actual Rent: 1020
Unit 5 Baths Total: 1
Unit 5 Beds Total: 1
Unit 6 Units Total: 1
Unit 6 Actual Rent: 1420
Unit 6 Baths Total: 1
Driving Directions
Nebraska to Columbus Dr. turn east go to Morgan turn left proprty on the right.
Financial Considerations
Terms: Cash,Conventional,FHA,Private Financing Available
Tenant Pays: Electricity
Gross Income: 109680
Tax/Property ID: A-13-29-18-4XM-000005-00004.0
Tax Amount: 4959
Tax Year: 2024
A broker reciprocity listing courtesy: SERRALLES GROUP,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 2306 N Morgan Street
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2306 N Morgan Street
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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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