1139 40th Street S, Saint Petersburg, FL 33711

Local realty services provided by:CENTURY 21 Alliance Realty Group
1139 40th Street S,St Petersburg, FL 33711
$399,900
  • 4 Beds
  • 4 Baths
  • 1,760 sq. ft.
  • Multi-family
  • Active
Listed by: george spencer
Office: spencers plus realty llc.
MLS#:TB8556986
Source:MFRMLS

Price summary

  • Price:$399,900
  • Price per sq. ft.:$199.95

About this home

Investors, take note: this fully occupied fourplex offers dependable cash flow from day one. The property consists of two identical duplex buildings, each with two 1-bedroom units, for four identical units in total. The matching floor plans make maintenance, turnovers, and rent comparisons simple. All four units are leased, and three of the four tenants are long-term residents, giving you an established rent roll and low turnover. Each unit has its own separately metered power and water, so tenants pay their own utilities and your operating costs stay down. A separate outbuilding adds flexibility. Use it as storage, or convert it into an on-site laundry facility for an additional income stream. Four dedicated off-street parking spaces, plus ample street parking, add convenience for residents. Whether you’re expanding your portfolio or buying your first multifamily property, 1139 40th St S combines steady occupancy, efficient operations, and room to add value. Schedule your...

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Home facts

  • Year built:1959
  • Subdivision & Development:PAINES SUB
  • Listing ID #:TB8556986
  • Added:10 day(s) ago
  • Updated:October 26, 2026 at 04:29 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Flooring:Ceramic Tile
  • Dining Description:Living Room/Dining Room Combo
  • Kitchen Description:Range, Refrigerator
  • Living area:1,760 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Baseboard, Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1959
  • Building area:1,760 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Frame
  • Exterior Features:Covered Porch/Patio, Enclosed, Outbuildings, Private Mailbox, Screened
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$199.95
  • Tax amount:$5,116 (2025)

Features and amenities

  • Appliances:Range, Refrigerator
  • Amenities:Ceiling Fans(s), Living Room/Dining Room Combo
  • Pool features:Public Pool

Parking

  • Parking description:Common, Off Street, On Street, Open, Parking Pad
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