2306 N MORGAN STREET, Tampa, FL 33602

• 47 beds |
• 28 baths |
• 1,372 sqft

Property Description

Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each),one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediateupside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income.Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investorlooking for steady cash flow. Positioned minutes from some of Tampa’s most vibrant attractions, residents enjoy easy access to Ybor City’shistoric nightlife, Downtown Tampa’s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistentoccupancy, recent updates, and a prime location near all the city’s key amenities, 2306 Morgan stands out as an exceptional opportunity to owna turn-key multifamily asset in one of Tampa’s most in-demand rental corridors.

Listing Status:

Active

Date Added:

November 19, 2025 at 06:00AM

Listing Office:

SERRALLES GROUP,INC : 813-307-0007

Listing Agent:

Eddie Serralles : 813-610-1563

MLS ID:

TB8449870

Interior

• General: Other
• Laundry: Electric Dryer HookupWasher Hookup
• Flooring: CarpetLinoleum
• A/C: Wall/Window Unit(s)
• Heating: Ductless

Exterior

• General: Other

Construction

• Roofing: Shingle
• General: StuccoWood SidingCrawlspaceSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Hillsborough

Lot

• Zoning: RM-24GROVE HEIGHTS LOT 4 BLOCK 5A-13-29-18-4XM-000005-00004.0

Utilities

• Utilities: Public
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple

This listing courtesy of Eddie Serralles, SERRALLES GROUP,INC