Homes for sale - 5604 N CHEROKEE AVE, Tampa, FL 33604

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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

$ 480,000

Est. payment | -/mo

2,526 SqFt

Save Virtual Tour

$ 480,000

Est. payment | -/mo

Save Virtual Tour

2,526 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,526 sqft

Price per Sqft $190

Subdivision East Suwanee Heights

MLS Listing ID TB8398473

HOA Y/N No

Year Built 1926

Annual Tax Amount $6,497

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 56x132

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Under contract-accepting backup offers. Investor Special – Duplex Potential in Prime Seminole Heights Location!

Don't miss this rare opportunity to own a versatile income-generating property in the heart of Old Seminole Heights. This charming 1926 home features a 2BD/2BA + Office main residence plus a private 1BD/1BA upstairs apartment with its own entry—ideal for house hacking, short-term rental income, or multigenerational living.

Major updates include a 2020 metal roof, 2022 upstairs AC, and new main home air handler, making this a low-maintenance investment. The spacious 56x132 lot offers a fully fenced backyard, mature trees, and room for future additions or outdoor amenities.

Rental Income Potential:
Main House: $2,200–$2,500/month
Upstairs Apartment: $1,600–$1,800/month
Total Gross Rent: $3,800–$4,300/month

With an asking price of $500,000 and a conservative ARV of $700,000–$750,000, this property offers strong cash flow today with big upside tomorrow. Zoned residential with no HOA and located minutes from popular restaurants, breweries, parks, and downtown Tampa.

This is your chance to invest in one of Tampa's most sought-after and fastest-appreciating neighborhoods. Live in one unit and rent the other—or rent both and maximize ROI.

Location

State FL

County Hillsborough

Community East Suwanee Heights

Area 33604 - Tampa / Sulphur Springs

Zoning SH-RS

Interior

Interior Features Built-in Features, Ceiling Fans(s), Stone Counters, Thermostat

Heating Central

Cooling Central Air

Fireplaces Type Wood Burning

Fireplace true

Laundry Inside, Laundry Room

Exterior

Exterior Feature Storage

Utilities Available Cable Available, Electricity Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8398473

Listed by OLYMPUS EXECUTIVE REALTY INC

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL, 32827, United States

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5604 N CHEROKEE AVE Tampa, FL 33604