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316 W Columbus Dr, Tampa, FL, 33602

8beds
6baths
2,606sqft
$999,999
$384price/sqft
$7,389/moest. monthly cost
$295,560/yrincome needed

About This Home

Fully rented multi-unit investment opportunity just minutes from Armature Works and Downtown Tampa. This income-producing property features multiple structures with strong rental flexibility and future development potential in a rapidly growing corridor. The front building includes a 4 bedroom / 2 bath layout currently configured into four individual units, plus an upstairs 2 bedroom / 1 bath unit and an additional 1 bedroom / 1 bath unit below. In the rear of the property, a detached 1 bedroom / 1 bath cottage provides additional income and tenant appeal. Property features include community laundry, private laundry inside the 4/2, and multiple rental configurations designed to maximize cash flow. Prime location near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. Fully rented with immediate income in place. Strong cash flow today with long-term appreciation and redevelopment upside. Ideal for investors seeking stabilized returns in a high-demand area.

Getting Around

79
WalkingVery Walkable
42
TransitSome Transit
79
BikeVery Bikeable

Schools

3/10
Graham Elementary SchoolGrades PK-50.2 mi
3/10
3/10
Hillsborough High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1921

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: Inside,Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6

Features

  • Ceiling Fan(s),Walk-In Closet(s)
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Wall Units / Window Unit
  • Cooling features: Central Air,Ductless

Interior Area

  • Total interior livable area: 2,606 sqft

Property

Details

  • Parcel number: A1329184Y300000100008.0
  • Zoning: RM-16
  • Special condition: None

Features

  • Exterior features: Courtyard,Private Yard

Lot

  • Lot size: 7,440 sqft