Listed price in listed location currency (USD).
$974,900

850

MLS® TB8548923

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 3185 sqft
Garage 
Taxes $3,208
Days Active 20
Lot Size 0.27 Acres
Approx. Age 1979
Avg. Price Per Sqft $306
MLS® Number TB8548923

Property Address: 3111 W Spruce St, TAMPA, FL, 33607-4248

Average square foot calculated using Size range provided by listing agent.

Description

Incredible investment opportunity to own a Triplex apartment building in one of the area's most desirable locations! This property underwent a comprehensive renovation throughout 2025 with no expenses spared, completed with permits and qualified technicians. Now completely occupied and generating over $80, 000 in annual rental income, this is a truly turnkey investment. Situated on an oversized corner lot spanning 11, 880 square feet (.27 acres) in a prime location - just steps from Macfarlane park, West Tampa little league, schools, grocery stores, restaurants and more. Assumable 6% FHA loan available. Every major system has been updated for years of worry-free ownership: brand new roof and gutters, new IMPACT WINDOWS & doors. Unit A features a new HVAC system, Unit C has a new mini-split, and Unit B's HVAC is only 5-6 years old. All three units feature new water heaters and washer/dryers in each unit. The interiors have been fully remodeled throughout, featuring solid core doors at all bedrooms and bathrooms for added privacy and quality, plus stainless steel appliances and granite countertops in every kitchen. Each unit is thoughtfully separated with its own private driveway, and the property offers a generous 9 off-street parking spaces total—a rare and valuable feature for multi-family properties. Unit mix: Apartment A - 3 bedroom/2 bathroom/$2440 monthly, Apartment B - 4 bedroom/2 bathroom/$3000 monthly, Apartment C - 1 bedroom/1 bathroom/$1550 monthly. Apartment C is fully furnished and equipped with a smart lock, making it move-in ready and well-positioned for higher earning short-term rental opportunities. Utilities are investor-friendly with 2 electrical meters and 2 water meters; the property is on nearly costless well water with public sewer, helping to keep operating expenses low. Current tenants have a strong history of paying on time with zero hassle. Move-in ready, cash-flowing, and virtually maintenance-free for years to come. Opportunities like this don't last—schedule your showing today!
MLS® NumberTB8548923
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1979
Basement
DrivewayCircular Driveway, Curb Parking, Driveway, Off Street
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Mini-Split Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 22, 2026List Date
$974,900List Price
Mar 4, 2025End Date
$621,000Sold Price

Sold

Mar 4, 2025List Date
$599,900List Price
  • Commute

Commute

Starting Address
Destination Address
3111 W Spruce St, Tampa, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties