USAFLTampaGrove Heights2306 N Morgan St
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2306 N Morgan St, Tampa, FL

House

For Sale

Listed price in listed location currency (USD).
$1,600,000

970

MLS® TB8449870

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1372 sqft
Garage 
Taxes $4,959
Days Active 150
Lot Size 
Approx. Age 1902
Avg. Price Per Sqft $1,166
MLS® Number TB8449870

Property Address: 2306 N Morgan St, Tampa, FL, 33602-2345

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

Description

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.
MLS® NumberTB8449870
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1902
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 19, 2025List Date
$1,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
2306 N Morgan St, Tampa, FL

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