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1944 12TH AVENUE S

Multi-family For Sale
$269,900

BTC: 4.21718750

ETH: 141.85552706

9 days
3 bds
1,140 sqft

Overview

WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities. Even better for investors looking to scale: this home is one of seven income-producing single-family properties being offered for sale by the same owner. Purchase this property individually or explore the opportunity to acquire all seven as a portfolio, creating a substantial existing annual income stream across multiple properties in South St. Petersburg. The properties have been professionally managed, and property management is available if desired, making this an attractive opportunity for both local and out-of-area investors seeking an established rental portfolio. This three-bedroom, one-bathroom home offers a functional floor plan designed for long-term rental appeal. With durable construction, comfortable living spaces, and a layout that continues to attract tenant demand, the property is well suited for investors looking to expand their portfolio with a stable, income-producing asset. Ideally located in South St. Petersburg, the home is just minutes from downtown St. Petersburg, I-275, the Warehouse Arts District, the Pinellas Trail, and close proximity to many of the city's most sought-after Fundamental and District Application Program(DAP) schools. Its proximity to major shopping, dining, parks, and entertainment enhances its long-term rental desirability while offering convenient access throughout Pinellas County. Please do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this 7-property St. Petersburg investment portfolio: TB8535987 – 791 35th Ave S; TB8534657 – 2621 6th St S; TB8535980 – 1120 11th Ave S; TB8535101 – 1430 14th Ave S; TB8534682 – 1440 Prescott St S; TB8535169 – 1944 12th Ave S; TB8535157 – 4419 18th Ave S.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
0.17 Acres
Heating:
Central
Price/sqft:
$237
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$450,000
$259K – $596K
Confidence Low
List vs. estimate
$180K below estimate
List $269,900 · -40.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$236
-21.5% vs. city median $301
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,920
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

  • Property

    • Exterior Features: Private Yard

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 253116016380000030

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,920

  • Source details

    • MLS ID: TB8535169

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Crawlspace

    • Fireplace Features: Living Room

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Fireplace: Yes

    • Living Area: 1140

    • Water Source: Public

    • Lot Size Dimensions: 55 x 132

    • Subdivision Name: ARTIS SUB DELIA

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: COLDWELL BANKER REALTY