2004 E 15th Ave Tampa, FL 33605
Property details
About 2004 E 15th Ave
Under contract-accepting backup offers. Financial Summary • Purchase Price: $1,500,000 • Net Operating Income (NOI): $132,671.65 • Annual Debt Service: $45,508.90 • Cash Flow (Before-Tax): $87,162.75 Investment Metrics Cap Rate 8.85 This is still strong, especially for multifamily in many markets. Typically, anything above 7–8 is attractive. Cash-on-Cash Return - Assuming 20 down payment = $300,000:Cash-on-Cash Return=29.05 This is excellent — high CoC returns like this are uncommon in many real estate markets. Debt Coverage Ratio (DCR)=2.92 Conclusion At a $1.5M price point, this is a robust investment: • 8.85 Cap Rate — solid and above average • 29 Cash-on-Cash Return — very high • Excellent DCR — well above lending safety thresholds. This deal remains highly favorable, with its excellent location, condition, and long-term growth potential.
Highlights
(Pending)
Summary
- Appliances: Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
- Flooring Type: Hardwood, Tile
- Interior: Ceiling Fans(s), Eat-in Kitchen
- Total Bedroom Count: 16
- Attached Garage: No
- Private Pool: No
- Parking: Off Street
- Exterior: Fence, Private Mailbox
- Heating: Electric
- Cooling: Ductless
- List Price: $1,500,000
- Price/SqFt: $290
- HOA Amount: $0
- Annual Tax Amount: $7,013
- Tax Year: 2023
- Lot: City Lot, Near Public Transit, Oversized Lot, Paved
- Directions: From I-4, take exit one and drive to Fl-585 N/N 22nd St. Turn left on 15th Avenue. The duplexes will be on your left.
- Year Built: 1953
- Living Area: 5,160 SqFt
- Lot Size: 0.48 Acres
- MLS Number: O6293394
- MLS Name: MFRMLS
- Office Name: SAND DOLLAR REALTY GROUP INC
- Office Phone: (407) 389-7318
- Listing Agent: Isabel Campos-Gordon
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Last updated on: 7/19/2025, 11:49:27 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 |
|---|---|---|
| Aug 17, 2023 | Home Sold | $925,000 |
| Nov 04, 2004 | Home Sold | $360,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $612,853 | $7,013 |
| 2022 | $590,442 | $6,655 |
| 2021 | $463,791 | $6,655 |
| 2020 | $303,944 | $5,866 |
| 2018 | $189,355 | $3,632 |
| 2017 | $159,679 | $2,924 |
History based on county public records data.
Nearby schools
4
Shore Elementary Magnet School
Public Magnet PK-5
0.6 mi
•1908 E 2nd Ave
3
Lockhart Elementary Magnet School
Public Magnet PK-5
0.9 mi
•3719 N 17th St
4
B.T. Washington Elementary School
Public District KG-5
1.0 mi
•1407 Estelle St
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 $28,621. Typical income of Tampa, FL residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Frequently asked questions
About 2004 E 15th Ave
The listing price of 2004 E 15th Ave property is $1,500,000.
The property 2004 E 15th Ave is a multi located in Tampa, Florida, 33605.
Sale Pending: 2004 E 15th Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 2004 E 15th Ave are: Shore Elementary Magnet School (GreatSchools Rating 4/10), Lockhart Elementary Magnet School (GreatSchools Rating 3/10), B.T. Washington Elementary School (GreatSchools Rating 4/10), Orange Grove Middle Magnet School (GreatSchools Rating 4/10), Young Middle Magnet School (GreatSchools Rating 3/10), Franklin Middle Magnet School (GreatSchools Rating 3/10), Hillsborough Virtual Instruction Course Offerings (GreatSchools Rating 3/10), Hillsborough Virtual School (GreatSchools Rating 6/10), Waters Career Center (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $7,013 (source: MLS/based on county public records data).
The last sale was on August 17, 2023 for $925,000 (source: MLS/tax record).
The property 2004 E 15th Ave is 5,160 SqFt (source: MLS/tax record).
The year of construction for 2004 E 15th Ave is 1953.
This home is located at 2004 E 15th Ave in Tampa, FL and zip code 33605 in the East Tampa neighborhood. This 5,160 square foot home, which was built in 1953, sits on a 0.48 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,500,000.
Over 144 listings were sold over their listed price in June 2025 in Tampa, FL. In the same period over 476 listings were sold below the listed price and 168 listings were sold for the listed price. In June 2025 in Tampa, FL there were 1.9% less homes for sale than in May. In June 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $430,387.