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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.

Agent Description

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

1965

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

1403 COLLEGE PARK LANE

Tampa, FL 33612

HAMNERS W E HOMESTEAD ACRES

Features & Amenities

Interior Features

Window Treatments

Exterior Features

PavedFenceLightingSidewalk

Property Details

Construction

Concrete

Heating

Ductless (Heating)

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

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.

MB

Michael Brule

Agent at DALTON WADE INC

(813) 417-1260

Listed by DALTON WADE INC · View on Broker Site

MLS# TB8466971· Source: listhub· Updated 150 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1403 COLLEGE PARK LANE, Tampa, FL 33612

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