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(954) 789-3186 Helena.Grossberg@outlook.com
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(954) 789-3186
Helena.Grossberg@outlook.com
MLS# TB8511454 - 1210 E 140TH AVENUE TAMPA, FL 33613
Value-add duplex investment opportunity in Tampa with immediate in-place income and substantial upside potential. 1210 E 140th Ave features a tenant-occupied duplex consisting of a 2-bedroom, 1-bath Unit A currently rented at $1,300/month and a 1-bedroom, 1-bath Unit B currently rented at $1,000/month, both on month-to-month leases with tenants intending to stay. The property currently operates at an approximate 6% cap rate based on current in-place income and estimated operating expenses, with clear upside through repositioning. This is a true investor value-add opportunity, with both units offering renovation upside and the potential for increased rental income through improvements to kitchens, bathrooms, drywall, and overall interior upgrades. Unit A features newer cabinetry, stainless steel appliances, and range, while Unit B has had some bathroom improvements completed. Estimated post-renovation market rents are approximately $1,600/month for the 2/1 and $1,300–$1,400/month for the 1/1. Major updates include roof replaced in 2016 and central AC in Unit A replaced in 2016, while Unit B currently utilizes window units. Property includes two separate electric meters with tenant-paid electric, one shared water meter with owner-paid water averaging approximately $100/month, helping maintain relatively low operating expenses. Property will not be delivered vacant and is being sold strictly AS-IS, with seller making no repairs. Excellent opportunity for investors seeking stable current cash flow with strong repositioning and rental upside in a growing Tampa market.

MCBRIDE KELLY & ASSOCIATES is the brokerage office representing the owner for this listing.
© Copyright 2026, My Florida Regional MLS DBA Stellar MLS. all rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS distributed by MLS GRID. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ALM Realty & Services, Inc., a broker participant of the My Florida Regional MLS DBA Stellar MLS. Stellar MLS data last updated at 5/25/2026 2:57:00 PM.

Value-add duplex investment opportunity in Tampa with immediate in-place income and substantial upside potential. 1210 E 140th Ave features a tenant-occupied duplex consisting of a 2-bedroom, 1-bath Unit A currently rented at $1,300/month and a 1-bedroom, 1-bath Unit B currently rented at $1,000/month, both on month-to-month leases with tenants intending to stay. The property currently operates at an approximate 6% cap rate based on current in-place income and estimated operating expenses, with clear upside through repositioning. This is a true investor value-add opportunity, with both units offering renovation upside and the potential for increased rental income through improvements to kitchens, bathrooms, drywall, and overall interior upgrades. Unit A features newer cabinetry, stainless steel appliances, and range, while Unit B has had some bathroom improvements completed. Estimated post-renovation market rents are approximately $1,600/month for the 2/1 and $1,300–$1,400/month for the 1/1. Major updates include roof replaced in 2016 and central AC in Unit A replaced in 2016, while Unit B currently utilizes window units. Property includes two separate electric meters with tenant-paid electric, one shared water meter with owner-paid water averaging approximately $100/month, helping maintain relatively low operating expenses. Property will not be delivered vacant and is being sold strictly AS-IS, with seller making no repairs. Excellent opportunity for investors seeking stable current cash flow with strong repositioning and rental upside in a growing Tampa market.

MCBRIDE KELLY & ASSOCIATES is the brokerage office representing the owner for this listing.
© Copyright 2026, My Florida Regional MLS DBA Stellar MLS. all rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS distributed by MLS GRID. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ALM Realty & Services, Inc., a broker participant of the My Florida Regional MLS DBA Stellar MLS. Stellar MLS data last updated at 5/25/2026 2:57:00 PM.