1318 E LOUISE AVE Tampa, FL 33603
4 Beds
3 Baths
1,209 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,209 sqft
Price per Sqft $279
Subdivision Fairfield Sub
MLS Listing ID TB8425635
Bedrooms 4
HOA Y/N No
Year Built 1925
Annual Tax Amount $5,597
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 52x100
Property Sub-Type Duplex
Source Stellar MLS
New Construction false
Property Description
This updated property features a spacious 3-bedroom, 2-bath main home plus a detached 1-bedroom, 1-bath casita, offering outstanding flexibility and income potential. The casita currently rents for $1,505/month, while the main home has consistently brought in $2,400/month, delivering a proven 10% CAP rate—a rare find in today's market.
The main home offers over 1,200 sq. ft. with vinyl flooring throughout, an open-concept layout, a large laundry room with exterior access, and two full baths including a newly renovated bathroom (2025). Major updates include a brand-new roof with hurricane clips (2025), updated HVAC (2022), and updated plumbing, giving buyers peace of mind for years to come. The detached casita comes with its own private entrance and a brand-new mini-split system (2024), making it perfect for rental income, guests, or multigenerational living.
Enjoy outdoor living with a welcoming front porch, fenced yard, additional storage shed, and ample parking. Situated in Ybor Heights, you're just minutes from Seminole Heights, Ybor City, Downtown Tampa, Armature Works, and major highways.
Whether you're a seasoned investor, first-time buyer looking to house hack, or a multi-generational household, this property offers unmatched value and income potential. Schedule your showing today before it's gone!
Location
State FL
County Hillsborough
Community Fairfield Sub
Area 33603 - Tampa / Seminole Heights
Zoning RS-50
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Split Bedroom
Heating Central
Cooling Central Air, Ductless
Flooring Laminate
Fireplace false
Appliance Cooktop, Refrigerator
Laundry Inside
Exterior
Exterior Feature Other, Storage
Parking Features Driveway
Utilities Available Cable Connected, Electricity Connected, Water Connected
Roof Type Shingle
Porch Front Porch
Garage false
Private Pool No
Building
Lot Description City Limits, In County, Near Public Transit, Paved
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Owner Financing, VA Loan
Listing Terms Cash, Conventional, FHA, Owner Financing, VA Loan
Special Listing Condition None
Virtual Tour https://youtube.com/shorts/tI7QiZXrwkw?feature=share
