316 W Columbus Dr, Tampa, FL, 33602
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
Very Walkable
Some Transit
Very BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Hillsborough County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,056 | $60,672 |
| Home Insurance * | $230 | $2,760 |
| Property Taxes | $1,841 | $22,092 |
| Electricity | $262 | $3,147 |
| Total | $7,389 | $88,668 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Price change | $999,999 |
| 2026-03-19 | Price change | $1,049,900 |
| 2026-02-23 | Price change | $1,099,900 |
| 2026-02-16 | Listed for sale | $1,199,900 |
| 2025-10-14 | Sold | $775,000 |
| 2025-06-09 | Sold | $655,000 |
| 2013-08-02 | Sold | $200,000 |
View on Zillow