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5604 N Cherokee Avenue, Tampa, FL 33604

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For Sale

$480,000

2,526 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $190.02
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

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.
MLS# TB8398473

Courtesy Of Olympus Executive Realty INC.

(407) 469-0090

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Fireplace
    Fireplace
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 5604 N Cherokee Avenue, Tampa, FL 33604

Home seller CENTURY 21 Bill Nye Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Bill Nye Realty, Inc.

(813) 782-5506
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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