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#TB8391663, Tatum Peterson, Listing office: MCBRIDE KELLY & ASSOCIATES
$480,000 List price
5604 N Cherokee Ave Tampa, FL 33604
0 beds
2,526 sqft
0.2 acres
$190 / sqft
Multi-Family
Property details
About 5604 N Cherokee Ave
Investor Special – Duplex Potential in Prime Seminole Heights Location! Don’t miss this rare opportunity to own a versatile income-generating property in the heart of Old Seminole Heights. This charming 1926 home features a 2BD/2BA + Office main residence plus a private 1BD/1BA upstairs apartment with its own entry—ideal for house hacking, short-term rental income, or multigenerational living. Major updates include a 2020 metal roof, 2022 upstairs AC, and new main home air handler, making this a low-maintenance investment. The spacious 56x132 lot offers a fully fenced backyard, mature trees, and room for future additions or outdoor amenities. Rental Income Potential: Main House: $2,200–$2,500/month Upstairs Apartment: $1,600–$1,800/month Total Gross Rent: $3,800–$4,300/month With an asking price of $500,000 and a conservative ARV of $700,000–$750,000, this property offers strong cash flow today with big upside tomorrow. Zoned residential with no HOA and located minutes from popular restaurants, breweries, parks, and downtown Tampa. This is your chance to invest in one of Tampa’s most sought-after and fastest-appreciating neighborhoods. Live in one unit and rent the other—or rent both and maximize ROI.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,526 sqft
Lot size0.17 Acres
Year built1926
MLS #TB8398473
FireplaceWood Burning
Virtual tour
Summary
- Interior: Built-in Features, Ceiling Fans(s), Stone Counters, Thermostat
- Fireplace: Wood Burning
- Private Pool: No
- Exterior: Storage
- Heating: Central
- Cooling: Central Air
- List Price: $480,000
- Price/SqFt: $190
- HOA Amount: $0
- Annual Tax Amount: $6,336
- Tax Year: 2023
- Directions: I275 North toward Ocala, Hillsborough Ave. west to N Central Ave. north (right), Turn right onto E Comanche Ave, turn left onto N Cherokee Ave, house is on the left.
- Year Built: 1926
- Living Area: 2,526 SqFt
- Lot Size: 0.17 Acres
- MLS Number: TB8398473
- MLS Name: MFRMLS
- Office Name: OLYMPUS EXECUTIVE REALTY INC
- Office Phone: (407) 469-0090
- Listing Agent: Ada Provenzano
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 3:34:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 31, 2020 | Home Sold | $300,000 |
| Aug 02, 2007 | Home Sold | $240,000 |
| Aug 21, 2004 | Home Sold | $265,000 |
| Jun 01, 1998 | Home Sold | $108,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $367,595 | $6,336 |
| 2022 | $356,888 | $6,168 |
| 2021 | $284,009 | $6,168 |
| 2020 | $208,287 | $5,769 |
| 2018 | $212,220 | $3,358 |
| 2017 | $199,432 | $3,152 |
History based on county public records data.
Nearby schools
3
Seminole Heights Grammar School
Public District PK-5
0.4 mi
•6201 N Central Ave
3
Walton Academy
Public Charter KG-5
0.7 mi
•4817 N Florida Ave
3
Broward Elementary School
Public District PK-5
0.9 mi
•400 W Osborne Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,792. Residents of Tampa, FL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
52%
35k-100k
29%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
6%
Single, with Kids
25%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
2%
12-17 yrs old
24%
18-34 yrs old
51%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Tennis- Men's Tennis
Music Concerts
Where do the neighbors shop?
Crate & Barrel
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Chipotle
What do the neighbors drive?
BMW
Volvo
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5604 N Cherokee Ave
The listing price of 5604 N Cherokee Ave property is $480,000.
The property 5604 N Cherokee Ave is a multi located in Tampa, Florida, 33604.
Active Listing: 5604 N Cherokee Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5604 N Cherokee Ave are: Seminole Heights Grammar School (GreatSchools Rating 3/10), Walton Academy (GreatSchools Rating 3/10), Broward Elementary School (GreatSchools Rating 3/10), Memorial Middle School (GreatSchools Rating 3/10), Sligh Middle School (GreatSchools Rating 5/10), Young Middle Magnet School (GreatSchools Rating 3/10), Hillsborough High School (GreatSchools Rating 4/10), Seminole Heights Charter High School (GreatSchools Rating 2/10), George S. Middleton High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $6,336 (source: MLS/based on county public records data).
The last sale was on December 31, 2020 for $300,000 (source: MLS/tax record).
The property 5604 N Cherokee Ave is 2,526 SqFt (source: MLS/tax record).
The year of construction for 5604 N Cherokee Ave is 1926.
This home is located at 5604 N Cherokee Ave in Tampa, FL and zip code 33604 in the Old Seminole Heights neighborhood. This 2,526 square foot home, which was built in 1926, sits on a 0.17 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $480,000.
In June 2025, from all listings sold in Tampa, FL there were more than 144 sold above asking price, over 476 sold below and more than 168 were sold right at the asked price. The inventory of homes for sale in Tampa, FL between May and June 2025 decreased by 1.9%. The median list price of listings available in June 2025 was $430,387, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.