2318 W Powhatan Avenue

TAMPA, FL
$ 319,900 Beds 3 Baths 3 Sq 1,378 Virtual Tour
Monthly Estimate* How much can I afford?

Prime West Tampa Investment Opportunity – 3-Unit Income Property. Looking to add a strong cash-flowing asset to your portfolio? This West Tampa property offers a rare configuration: a single-family home legally set up and functioning as a triplex, all under one electric and water meter, simplifying utilities while maximizing rental potential. The location is unbeatable, just minutes from Tampa International Airport, Downtown Tampa, and Raymond James Stadium, putting tenants close to major employment centers, entertainment, and game-day energy. The property features three units: a 2 bed/1 bath unit with central A/C (approximately 5 years old), a 1 bed/1 bath unit with a window A/C unit, and a studio unit also with a window A/C unit. The property is fully livable in its current condition and generating rental-ready value today, with room to boost returns through cosmetic updates such as fresh paint, flooring, and finishes that could go a long way toward increasing rents and long-term value. The roof was replaced just 2 years ago, offering peace of mind on one of the biggest-ticket items for any investor. As an added bonus, solar panels are already installed on the roof; they are not currently active, and a buyer would need to bring in a solar company to complete the installation and activate the system, but the groundwork is there for a future energy-cost advantage. This is a solid, income-ready opportunity for an investor looking to acquire a multi-unit cash flow property in one of Tampa's most connected corridors, bring your vision for updates and unlock the full upside this property has to give.

Active

  • Price
  • $ 319,900
  • City
  • TAMPA
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • Hillsborough
  • Half Bathrooms
  • 0
  • Area
  • Tampa / Seminole Heights
  • Lot Size
  • 0.14 Acres
  • Zip
  • 33603
  • Sqr Footage
  • 1,378
  • Year Built
  • 1960
  • Taxes
  • $ 405
  • Style
  • Single Family Residence
  • MLS#
  • TB8524344
Listed By: TMWRK BROKERAGE LLC with 727-277-9032. - 727-277-9032
Data Source: Stellar MLS

Features

General

Sewer Public Sewer
Heating Central,Electric
Cooling Central Air,Wall/Window Unit(s)
Utilities Cable Available,Electricity Connected,Public,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Other,Refrigerator
Zoning RS-60
Construction Materials Block,Stucco
Year Built 1960
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Hillsborough
New Construction false
Property Type Residential
Subdivision Name HAMNERS MARJORY B RENMAH
Facing Direction North
Garage Y/N false
Total Rooms 3
Full Baths 3
Status Active
Directions Travel east on E Sligh Ave. Turn left onto N Armenia Ave. Turn left onto W Powhatan Ave. Home is on the right.
City TAMPA
Senior Community Y/N false
MLS Area 33603 - Tampa / Seminole Heights
Lot Size Units Square Feet
Lot Size Square Feet 6180
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VA Loan
Land Lease Y/N false
Tax Annual Amount 405
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 19
Legal Description HAMNER'S MARJORY B RENMAH LOT 19 BLOCK 3
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN true
In Law Suite Description 1 Bathroom,1 Bedroom
Flood Zone Code X Yes

Interior Features

Interior Amenities Ceiling Fan(s),Other
Flooring Ceramic Tile,Laminate
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Private Entrance,Private Mailbox,Private Yard
Fencing Wood
Water Source Public
Lot Size Area 6180
Foundation Details Slab
Building Area Total 1772
Lot Size Acres 0.14
Road Surface Type Paved
Private Pool false
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cape Coral, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/2/2026 Listed $319,900
8/2/2026 9% - $349,900
8/11/2026 9% - $319,900

Property vs Zip Code Average in 33603

Price
AVG $690K
$320K
Taxes
AVG $4,955
$405
Year Built
AVG 1968
1960

2318 W Powhatan Avenue TAMPA, FL is a Single Family Home for sale at $319900 with 1378 sqft and a lot size of 0.14 Acres Acre(s). 2318 W Powhatan Avenue TAMPA has 3 bedrooms, 3 baths and was built in 1960. The property's zip code is 33603 which is in TAMPA, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.