(813) 485-4255
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$650,000
18 Days On Site

1406 E 21ST AVENUE
TAMPA, FL 33605

For Sale|Triplex|Active
6
Beds
4
Total Baths
2,127
SqFt
$306
/SqFt
1926
Built
Subdivision:
PANAMA
County:
Hillsborough

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(813) 485-4255
1406 E 21ST AVENUE1406 E 21ST AVENUE1406 E 21ST AVENUE1406 E 21ST AVENUE
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Introducing a rare, fully renovated triplex investment opportunity in the heart of V.M. Ybor, one of Tampa’s most dynamic and rapidly evolving urban neighborhoods. Extensively renovated in 2023, nearly every major aspect of the property has been updated, offering investors a turnkey income-producing asset with limited near-term maintenance. The property features a highly desirable three-unit configuration, with the main residence consisting of a spacious 3-bedroom, 2-bath unit previously renting for $2,800 per month and a 2-bedroom, 1-bath unit previously renting for $1,800 per month, along with a detached 1-bedroom, 1-bath accessory dwelling unit providing additional privacy and currently leased at $1,400 per month with approximately seven months remaining on the lease. At full occupancy, the property previously generated approximately $72,000 in annual gross rental income. The tenants in the 3-bedroom and 2-bedroom units recently moved out, creating an excellent opportunity for a new owner to immediately place new tenants, reposition rents, or explore alternative rental strategies based on their investment goals. Located less than a 10-minute drive from Downtown Tampa and just minutes from Ybor City, Tampa Heights, Armature Works, the Tampa Riverwalk, and some of the city’s largest employment, entertainment, and development districts, this property is positioned directly in the path of Tampa’s continued growth. Significant redevelopment, new construction, and investment throughout V.M. Ybor and the surrounding urban core continue to transform the area and strengthen its long-term appeal. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset housing costs with two additional units, or a buyer looking to secure a multi-family asset in a rapidly growing Tampa neighborhood, this renovated V.M. Ybor triplex offers a compelling combination of proven rental history, multiple income streams, extensive 2023 renovations, and an exceptional location minutes from the heart of the city.

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Listing Snapshot
Price 
$650,000
Days On Site 
18 Days
Bedrooms 
6
Inside Area (SqFt) 
2,127 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1926
MLS® Number 
TB8540301
Status 
Active
Property Tax 
$4,530
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.11
Foundation 
Block
Levels 
One
Pets 
Yes
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Total 
2373
Utilities 
Natural Gas AvailableElectricity AvailableNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RS-50
Interior Features
Appliances 
CooktopDisposalGas Water HeaterMicrowaveRefrigerator
Cooling 
Central Air
Flooring 
Vinyl
Heating 
CentralElectric
Laundry Features 
InsideLaundry RoomOutside
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Exterior Features
Construction Details 
Asbestos
Exterior 
LightingPrivate Entrance
Patio And Porch 
Porch
Roof 
MetalShingle
Community Features
Financing Terms Available 
CashConventionalFHA
MLS Area 
33605 - Tampa / Ybor City
Roads 
Asphalt
Township 
29
Listing courtesy of KELLER WILLIAMS TAMPA CENTRAL (813) 365-8765



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-09-07 08:37 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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