$338,000 pending
1318 e louise avenue , tampa, FL 33603
Beds 4 | Baths 3 | 1,209 Sqft | 0.12 Acres |
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Property Description
Under contract-accepting backup offers. Prime Opportunity in Tampa’s Ybor Heights! This updated property features a spacious 3-bedroom, 2-bath main home plus a detached 1-bedroom, 1-bath casita, offering outstanding flexibility and income potential. The casita currently rents for $1,505/month, while the main home has consistently brought in $2,400/month, delivering a proven 10% CAP rate—a rare find in today’s market. The main home offers over 1,200 sq. ft. with vinyl flooring throughout, an open-concept layout, a large laundry room with exterior access, and two full baths including a newly renovated bathroom (2025). Major updates include a brand-new roof with hurricane clips (2025), updated HVAC (2022), and updated plumbing, giving buyers peace of mind for years to come. The detached casita comes with its own private entrance and a brand-new mini-split system (2024), making it perfect for rental income, guests, or multigenerational living. Enjoy outdoor living with a welcoming front porch, fenced yard, additional storage shed, and ample parking. Situated in Ybor Heights, you’re just minutes from Seminole Heights, Ybor City, Downtown Tampa, Armature Works, and major highways. Whether you’re a seasoned investor, first-time buyer looking to house hack, or a multi-generational household, this property offers unmatched value and income potential. Schedule your showing today before it’s gone!
General Information
Sale Price: $338,000
Price/SqFt: $280
Status: Pending
MLS#: TB8425635
City: tampa
Post Office: tampa
County: Hillsborough
Subdivision: fairfield sub
Acres: 0.12
Lot Dimensions: 52 x 100
Bedrooms:4
Bathrooms:3
House Size: 1,209 sq.ft.
Acreage: 0.12 est.
Year Built: 1925
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road: Paved, Concrete
Garage: No
Construction: Vinyl Siding
Exterior Misc: Other, Storage
Basement: No
Foundation : Crawlspace
Appliances: Cooktop, Refrigerator
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5,597
Legal Description: FAIRFIELD SUBDIVISION LOT 8

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Tatum Peterson of MCBRIDE KELLY & ASSOCIATES, Phone: 813-254-0900