USAFLSt PetersburgArcadia Sub4601 Dr Martin Luther King Jr Street N
4601 Dr Martin Luther King Jr Street N | Image 1
New
Open House
4601 Dr Martin Luther King Jr Street N | Image 2
4601 Dr Martin Luther King Jr Street N | Image 3
4601 Dr Martin Luther King Jr Street N | Image 4
4601 Dr Martin Luther King Jr Street N | Image 5
4601 Dr Martin Luther King Jr Street N | Image 6
4601 Dr Martin Luther King Jr Street N | Image 7

$809,900

For Sale

6 hours ago

4601 Dr Martin Luther King Jr Street N, St Petersburg, FL

House

MLS® TB8560486

6 Bed

5 Bath

2770 sqft

2 Parking

Open House
Sat Oct 24, 2:00-4:00 PM EDTSun Oct 25, 11:00 AM - 1:00 PM EDT
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2770 sqft
Garage Yes
Taxes $9,410
Days Active 0
Lot Size 0.27 Acres
Approx. Age 1915
Avg. Price Per Sqft $292
MLS® Number TB8560486

Property Address: 4601 Dr Martin Luther King Jr Street N, ST PETERSBURG, FL, 33703

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

Description

OPEN HOUSE THIS WEEKEND! SATURDAY, OCTOBER 24TH, 2-4PM & SUNDAY, OCTOBER 25TH, 11AM-1PM! JUST LISTED AT $809, 900 + UP TO $10, 000 IN SELLER-PAID BUYER CLOSING COSTS OR INTEREST-RATE BUYDOWN! LIMITED-TIME INCENTIVE FOR CLOSINGS THROUGH DECEMBER 2026! FOUR UNITS. TWO DETACHED BUILDINGS. OVERSIZED TWO-CAR GARAGE. ONE INCREDIBLE OPPORTUNITY! Welcome to 4601 Dr. Martin Luther King Jr St N, a rare FOURPLEX investment opportunity situated on a spacious CORNER LOT near the desirable Allendale Terrace neighborhood and just minutes from Downtown St. Petersburg! Why settle for one income stream when you could have four? Featuring 6 bedrooms, 5 bathrooms, and approximately 3, 645 SQ FT OF TOTAL GROSS BUILDING AREA across two separate buildings, this property offers an impressive combination of rental income potential, flexibility, and location. The layout includes three 1-bedroom/1-bathroom units and one spacious 3-bedroom/2-bathroom unit, ideal for investors looking to expand their portfolio or buyers interested in living in one residence while renting the others. HERE'S WHERE THE OPPORTUNITY REALLY STANDS OUT: Approximately $86, 100 IN POTENTIAL ANNUAL GROSS RENTAL INCOME, based on current, previous, and projected rents! Two units are currently rented, one is owner-occupied, and one is vacant, offering flexibility for the next owner. Beyond the income potential, the property sits on an oversized 11, 561 sq ft corner lot and features an OVERSIZED TWO-CAR GARAGE OFFERING NEARLY 600 SQ FT OF SPACE, a standout feature providing valuable room for covered parking, storage, and more! The front building features a 2018 roof, while the rear building has a 2024 roof. ocation is another major advantage! Situated alongside the charming Allendale Terrace neighborhood, you're conveniently close to Downtown St. Pete, local restaurants, shopping, entertainment, and everything that makes this area such a desirable place to live and invest. Whether you're searching for a cash-flow opportunity, a potential 1031 exchange investment, or a house-hacking property where rental income can help offset your mortgage, this fourplex delivers the versatility investors and homeowners are looking for. FOUR UNITS. PRIME ST. PETE LOCATION. STRONG INCOME POTENTIAL. Opportunities like this deserve a closer look. Schedule your private showing today! Seller incentive of up to $10, 000 toward allowable buyer closing costs or interest-rate buydown is subject to mutually agreed terms and lender approval.
MLS® NumberTB8560486
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1915
Basement
Driveway
Garage Spaces
HeatCentral, Electric, Ductless
A/CCentral Air, Wall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 22, 2026List Date
$809,900List Price

Home Appraisal

This property is estimated to sell between: $809,000 and $1,852,000.
Similar properties in this area sold on average for: $1,504,000
Expected to sell in 83 days. Similar properties sold in 83 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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4601 Dr Martin Luther King Jr Street N, St Petersburg, FL

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