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585 S 3RD AVENUE

Multi-family Active With Contract
$269,995

BTC: 3.19067596

ETH: 101.88490566

-$10K (2026/09/03)
10 days
4 bds
1,080 sqft

Overview

Under contract-accepting backup offers. TURNKEY BARTOW DUPLEX WITH STRONG INCOME POTENTIAL — MINUTES FROM DOWNTOWN MAIN STREET! This beautifully renovated duplex is a fantastic investment opportunity offering immediate rental income, modern updates, and an ideal location near the heart of Bartow. The property features two separate 2-bedroom, 1-bath units, each thoughtfully updated with modern flooring, cabinetry, updated bathroom vanities, HVAC systems, and a newer roof. Both units are currently generating $1,285 a month, providing a total gross rental income of $2,570 a month ($30,840 annually) and an attractive estimated cap rate in the 7s. Situated on an approximately 8,433-square-foot lot with convenient parking, this property is designed for easy ownership and strong rental appeal. Residents enjoy being just minutes from Bartow’s historic Main Street and downtown district, with convenient access to restaurants, shopping, entertainment, community events, and the area’s charming historic character. Whether you are an investor looking to add a turnkey, income-producing property to your portfolio or an owner-occupant seeking the opportunity to live in one unit while generating income from the other, this well-maintained duplex offers flexibility, location, and excellent cash-flow potential. A true turnkey opportunity in the heart of Bartow!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
0.19 Acres
Heating:
Heat Pump
Price/sqft:
$250
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$4,605
2025
All facts and features
  • Heating

    • Heat Pump

    Cooling

    • Central Air

    Other interior features

    • Stone Counters

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Fenced

    Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 253008414500081060

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,606

  • Source details

    • MLS ID: TB8542880

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Washer Hookup

    • Window Features: Blinds

    • Living Area: 1080

    • Water Source: Public

    • Lot Size Dimensions: 65 x 120

    • Subdivision Name: SOUTH FLORIDA RR ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS TAMPA CENTRAL