9402 N Semmes St Tampa, FL 33612
Property details
About 9402 N Semmes St
Fantastic Investment Opportunity! Two-story multi-unit property with Great Income Potential! Welcome to this well-maintained two-story income property, offering incredible potential for steady rental income. Situated in a desirable location in the middle of Tampa, this property features two separate units, each with its own private entrance and separate electrical meters, perfect for maximizing rental returns! The downstairs unit is a spacious 4-bedroom, 2-bathroom layout, ideal for families and providing ample living space and comfortable amenities. This unit is recently vacant and available for walk-throughs and showings. Previously rented through the Tampa Housing Authority, it is Section 8 approved already. The upstairs apartment is a 3-bedroom, 2-bathroom unit, and is rented to a private tenant currently on a month-to-month agreement for buyer flexibility. Rent has always been paid in full and they are current as of this listing. Both units boast well-designed floor plans including private full bathrooms in the main bedrooms, modern finishes, and plenty of natural light. Whether you're looking to house multiple tenants or generate reliable cash flow from long-term rentals, this property is primed for success. Before the last tenant vacated due to sale, the property produced rental income of $4,000 per month. The area’s strong demand for rental properties, combined with a competitive cap rate of around 7%, makes this a prime choice for savvy investors looking to expand their portfolio. Don't miss your chance to own a versatile, income-generating property with excellent return potential! Schedule a viewing today to see all this property has to offer.
Highlights
(Pending)
Summary
- MLS Number: TB8346596
- MLS Name: MFRMLS
- Office Name: OMEGA RE GROUP LLC
- Listing Agent: Jeff Stevens
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Last updated on: 3/13/2025, 7:19:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$379,900
9402 N Semmes St
$4,511
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 28, 2019 | Home Sold | $230,000 |
May 08, 2018 | Home Sold | $125,000 |
Dec 31, 2004 | Home Sold | $145,000 |
Dec 30, 2004 | Home Sold | $145,000 |
Dec 16, 1998 | Home Sold | $77,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $364,714 | $6,017 |
2022 | $336,228 | $5,547 |
2021 | $263,338 | $5,547 |
2020 | $210,988 | $4,930 |
2018 | $112,204 | $1,925 |
2017 | $99,871 | $1,761 |
History based on county public records data.
Nearby schools
3
Belle Witter Elementary School
Public District PK-5
0.9 mi
•10801 N 22nd St
3
Shaw Elementary School
Public District PK-5
1.2 mi
•11311 N 15th St
4
Forest Hills Elementary School
Public District PK-5
1.4 mi
•10112 N Ola 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 $41,094. The most common annual income of people living in Tampa, FL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 9402 N Semmes St in Tampa, FL and zip code 33612 in the North Tampa neighborhood. This 2,016 square foot home, which was built in 1988, sits on a 0.21 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $379,900.
Over 75 listings were sold over their listed price in February 2025 in Tampa, FL. In the same period over 353 listings were sold below the listed price and 130 listings were sold for the listed price. Between January and February 2025, Tampa, FL real estate market has seen increase in the number of listings by 8.7%. The median list price of listings available in February 2025 was $429,661, while the average time on the real estate market was 57 days.