Ad #7827871
MLS #TB8449870
Located in the highly desirable Tampa Heights submarket, 2306
2306 N MORGAN St, Tampa, Florida, 33602
$1,490,000
9Beds
7Baths
1,372Sqft
0.140Acres
About this property
Located in the highly desirable Tampa Heights submarket, 2306 Morgan Street is a well-positioned multifamily asset consisting of two buildings totaling 7 units across 4,315 square feet. The property includes a front triplex built in 1902 and a rear quadplex built in 1926, offering a compelling blend of historic charm and modern improvements. The asset features a diverse unit mix comprised of two studios (approximately 343 SF each), one 1-bedroom/1-bath unit (682 SF), and four 2-bedroom/1-bath units (approximately 735 SF each). The property has benefited from recent capital improvements, including a new roof installed within the past 2-3 years, along with additional upgrades and fresh interior and exterior paint, providing strong curb appeal and a low-maintenance ownership profile. Income totals include a combination of market rents and housing assistance payments, offering stable cash flow with upside potential. Several long-term tenants are currently paying below-market rents, creating an opportunity to optimize rents to market levels over time. Additional value-add strategies include implementing utility bill-backs, particularly for water, to further enhance net operating income. Redevelopment or reconfiguration potential may exist, subject to buyer due diligence. Positioned minutes from some of Tampa's most vibrant destinations, residents enjoy easy access to Ybor City's historic nightlife, Downtown Tampa's Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime central location, 2306 Morgan Street stands out as a strong opportunity to own a turn-key multifamily asset in one of Tampa's most in-demand rental corridors.
Property Features
9 Beds
7 Baths
1,372 Sqft
Built in 1902
0.140 Acres
Siding: Stucco, Wood Siding
Shingle Roof
Ductless (Heating)
$4,959 / yr property tax
Hillsborough County
GROVE HEIGHTS Community
Additional Photos
Contact Information
Eddie Serralles
Serralles Group, Inc
813-610-1563
Location
Listing Agent: Eddie Serralles 813-610-1563
Broker: Serralles Group, Inc 813-307-0007 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Serralles Group, Inc 813-307-0007 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 22, 2026
Photo Gallery
$1,490,000
9
Beds
7
Baths
1,372
Sqft
2306 N MORGAN St, Tampa, Florida, 33602
By contacting this agent you agree to these Terms and Conditions.
MLS# TB8449870
Located in the highly desirable Tampa Heights submarket, 2306
$1,490,000
2306 N MORGAN St, Tampa, Florida, 33602
9
Beds
7
Baths
1,372
Sqft
0.140
Acres
$1,490,000
2306 N MORGAN St, Tampa, Florida, 33602
9 Beds
7 Baths
1,372 Sqft
0.140 Acres
Located in the highly desirable Tampa Heights submarket, 2306 Morgan Street is a well-positioned multifamily asset consisting of two buildings totaling 7 units across 4,315 square feet. The property includes a front triplex built in 1902 and a rear quadplex built in 1926, offering a compelling blend of historic charm and modern improvements. The asset features a diverse unit mix comprised of two studios (approximately 343 SF each), one 1-bedroom/1-bath unit (682 SF), and four 2-bedroom/1-bath units (approximately 735 SF each). The property has benefited from recent capital improvements, including a new roof installed within the past 2-3 years, along with additional upgrades and fresh interior and exterior paint, providing strong curb appeal and a low-maintenance ownership profile. Income totals include a combination of market rents and housing assistance payments, offering stable cash flow with upside potential. Several long-term tenants are currently paying below-market rents, creating an opportunity to optimize rents to market levels over time. Additional value-add strategies include implementing utility bill-backs, particularly for water, to further enhance net operating income. Redevelopment or reconfiguration potential may exist, subject to buyer due diligence. Positioned minutes from some of Tampa's most vibrant destinations, residents enjoy easy access to Ybor City's historic nightlife, Downtown Tampa's Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime central location, 2306 Morgan Street stands out as a strong opportunity to own a turn-key multifamily asset in one of Tampa's most in-demand rental corridors.
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Property Details
HOME DETAILS
9 Beds
7 Baths
1,372 Sqft
Built in 1902
0.140 Acres
EXTERIOR
Siding: Stucco, Wood Siding
Shingle Roof
INTERIOR
Ductless (Heating)
FINANCIAL & COMMUNITY
$4,959 / yr property tax
Hillsborough County
GROVE HEIGHTS Community
See More Details
Location
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Ad Statistics
Ad Number
7827871
Viewed
19 times
Listing Status
Active
Added
Jun 23, 2026
Last Refresh
Jul 22, 2026 11:15:20 AM
Listing Information
Data Source
Stellar MLS
Source Property ID
TB8449870
Listing Agent: Eddie Serralles 813-610-1563
Broker: Serralles Group, Inc 813-307-0007 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Serralles Group, Inc 813-307-0007 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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