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About This Home
This 4-bedroom, 0-bathroom multi-family at 1403 COLLEGE PARK LANE in Tampa, FL is listed for $450,000 ($272 per sqft). Built in 1965, the home offers 1,656 sqft of living space on a 0.25 acres lot.
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.
Key Features
- Built in 1965
- 0.25 acre lot
Property Details
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1403 COLLEGE PARK LANE
Tampa, FL 33612
HAMNERS W E HOMESTEAD ACRES
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 0-bathroom multi-family at 1403 COLLEGE PARK LANE is listed at $450,000 ($272/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.25 acre lot. Interior Features: Window Treatments. Exterior Features: Paved, Fence, Lighting.
This property is listed by Michael Brule and can be reached at 8134171260 or mikebtamparealtor@gmail.com.


