5604 N CHEROKEE AVE Tampa, FL 33604
2,526 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,526 sqft
Price per Sqft $190
Subdivision East Suwanee Heights
MLS Listing ID TB8398473
HOA Y/N No
Year Built 1926
Annual Tax Amount $6,497
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 56x132
Property Sub-Type Duplex
Source Stellar MLS
New Construction false
Property Description
Don't miss this rare opportunity to own a versatile income-generating property in the heart of Old Seminole Heights. This charming 1926 home features a 2BD/2BA + Office main residence plus a private 1BD/1BA upstairs apartment with its own entry—ideal for house hacking, short-term rental income, or multigenerational living.
Major updates include a 2020 metal roof, 2022 upstairs AC, and new main home air handler, making this a low-maintenance investment. The spacious 56x132 lot offers a fully fenced backyard, mature trees, and room for future additions or outdoor amenities.
Rental Income Potential:
Main House: $2,200–$2,500/month
Upstairs Apartment: $1,600–$1,800/month
Total Gross Rent: $3,800–$4,300/month
With an asking price of $500,000 and a conservative ARV of $700,000–$750,000, this property offers strong cash flow today with big upside tomorrow. Zoned residential with no HOA and located minutes from popular restaurants, breweries, parks, and downtown Tampa.
This is your chance to invest in one of Tampa's most sought-after and fastest-appreciating neighborhoods. Live in one unit and rent the other—or rent both and maximize ROI.
Location
State FL
County Hillsborough
Community East Suwanee Heights
Area 33604 - Tampa / Sulphur Springs
Zoning SH-RS
Interior
Interior Features Built-in Features, Ceiling Fans(s), Stone Counters, Thermostat
Heating Central
Cooling Central Air
Fireplaces Type Wood Burning
Fireplace true
Laundry Inside, Laundry Room
Exterior
Exterior Feature Storage
Utilities Available Cable Available, Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8398473
