$450,000

1403 COLLEGE PARK LN, Tampa, FL 33612

Active
4
Beds
3
Baths
1,656
Sq Ft
$271
Per Sq Ft
1965
Built
96
Days Listed

About This Property

Excellent Investment Opportunity – Cash-Flowing Triplex in Tampa! 1403 College Park Lane, Tampa, FL 33612 Turnkey income producer in a highly convenient location! This triplex offers three separate units with strong rental demand and immediate cash flow: Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Block construction with washer/dryer inside for added tenant appeal. Central AC. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction. Window units AC Unit C (Left – Efficiency / 1 Bath): Leased at $1,000/month. Frame construction. Window unit AC Total current monthly income: $4,150 Investor Advantages: Association covers water, sewer, and trash (one water meter for the community) – significantly reducing operating expenses. Units are individually metered for electricity, so tenants pay their own power. Strong rental history with two units already leased and performing. Mix of unit sizes appeals to a wide tenant pool (students, professionals, and small families). Prime Location – Just minutes from the University of South Florida (USF), major shopping, dining, public transportation, and easy access to I-275. This pocket offers consistent demand from USF affiliates, medical professionals, and local workers. Whether you’re looking for a turnkey addition to your portfolio or a solid value-add property with upside potential through minor updates, this triplex delivers reliable income in a proven Tampa rental market. Serious investors – schedule your showing today and secure this performing asset before it’s gone! Perfect for 1031 exchanges or portfolio expansion in the Tampa Bay area.

Property Details

TypeTriplex
Lot0.25 ac
PoolNo
WaterfrontNo
SubdivisionHAMNERS W E HOMESTEAD ACRES
HOAYes · $273/mo
Tax/yr$5,258
HeatingDuctless
CoolingWall/Window Unit(s)
RoofShingle

Schools

ElementaryMiles-HB
MiddleLiberty-HB
High SchoolFreedom-HB

Listed by DALTON WADE INC · MLS# TB8466971

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-03.
IDX information is provided exclusively 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.
Schedule a Showing
Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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