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8923 N LYNN AVENUE

Multi-family For Sale
$550,000

BTC: 6.49964547

ETH: 207.54716981

9 days
4 bds
2,500 sqft

Overview

Versatile opportunity to acquire a fully occupied five-unit income property in a highly desirable Tampa location. Generating approximately $10,000 a month in gross rental income, this turnkey investment offers an excellent opportunity for an investor or owner occupant with extended family with immediate revenue with established tenants already in place. Situated on a spacious lot, the property features generous front and rear yard areas, plenty of parking spaces, shared laundry facilities, and ample outdoor space. The buildings have been maintained and have been totally renovated and are positioned to continue serving the area's strong rental demand. Located minutes from major highways, downtown Tampa, shopping, dining, entertainment, schools, medical facilities, and Tampa International Airport, the property benefits from exceptional accessibility and convenience. Opportunities to purchase a stabilized multi-unit property with existing income in such a central location are increasingly limited. Ideal for investors or owner occupy seeking a cash-flowing asset with long-term appreciation potential in one of Tampa's most active rental markets

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1949
Lot:
0.20 Acres
Heating:
Central / Wall Units / Window Unit
Price/sqft:
$220
Cooling:
Central Air / Mini-Split Unit(s) / Other / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$770,000
$570K – $1.2M
Confidence Low
List vs. estimate
$220K below estimate
List $550,000 · -28.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$220
-16.9% vs. city median $264
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,939
2025
All facts and features
  • Heating

    • Central

    • Wall Units / Window Unit

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    • Other

    • Wall/Window Unit(s)

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Other

    • Stone Counters

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Exterior Features: Fenced / Lighting / Other / Private Entrance / Sidewalk / Storage

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: A2428183EO00001700044.0

    • Zoning: RS-60

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $4,939

  • Source details

    • MLS ID: TB8552953

    Other facts

    • Construction Materials: HardiPlank Type / Other / Vinyl Siding / Wood Frame

    • Foundation Details: Block / Crawlspace

    • Laundry Features: Common Area / Other / Outside

    • Living Area: 2500

    • Water Source: Public

    • Subdivision Name: CASA LOMA SUB

Private inquiry
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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: PALACIOS INTERNATIONAL REALTY LLC