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$550,000

8923 N LYNN AVENUE, TAMPA, FL 33604

Active5 days on market

Beds

4

Baths

5

Sq Ft

2,500 sq ft

Year Built

1949

Lot Size

0.20 acres

Garage

—

About This Property

Versatile opportunity to acquire a fully occupied five-unit income property in a highly desirable Tampa location. Generating approximately $10,000 a month in gross rental income, this turnkey investment offers an excellent opportunity for an investor or owner occupant with extended family with immediate revenue with established tenants already in place. Situated on a spacious lot, the property features generous front and rear yard areas, plenty of parking spaces, shared laundry facilities, and ample outdoor space. The buildings have been maintained and have been totally renovated and are positioned to continue serving the area's strong rental demand. Located minutes from major highways, downtown Tampa, shopping, dining, entertainment, schools, medical facilities, and Tampa International Airport, the property benefits from exceptional accessibility and convenience. Opportunities to purchase a stabilized multi-unit property with existing income in such a central location are increasingly limited. Ideal for investors or owner occupy seeking a cash-flowing asset with long-term appreciation potential in one of Tampa's most active rental markets

Property Overview

Property TypeResidential Income
Sub TypeQuadruplex
MLS #TB8552953
StatusActive
Year Built1949
ConstructionHardiPlank Type, Other, Vinyl Siding, Wood Frame
RoofShingle
FoundationBlock, Crawlspace
SubdivisionCASA LOMA SUB
CountyHillsborough
OwnershipFee Simple

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Other, Stone Counters, Window Treatments
LaundryCommon Area, Other, Outside
CoolingCentral Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)
HeatingCentral, Wall Units / Window Unit

Exterior & Lot

ExteriorFenced, Lighting, Other, Private Entrance, Sidewalk, Storage
Lot Size0.20 acres (8,625 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$550,000
Annual Taxes$4,939 (2025)
FinancingCash, Conventional
ZoningRS-60
Parcel #A2428183EO00001700044.0

Directions

Head north on N Florida Ave towards W Humphrey St,1st left onto W Humphrey St,right onto Lynn Ave Destination will be on the right

Location

8923 N LYNN AVENUE, TAMPA, FL 33604

Listing Information

OfficePALACIOS INTERNATIONAL REALTY LLC
ListedSeptember 28, 2026

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Home Price

$550,000

20% ($110,000)
6.75%

Loan Term

Principal & Interest$2,854
Property Tax (est.)$504
Insurance (est.)$150
Total Monthly$3,508
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How to Buy This Home

Multiple financing options available for this $550,000 home in TAMPA.

🏦

Conventional

$27,500 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Hillsborough County SHIP

Varies

Income-qualifying Hillsborough residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: October 4, 2026.

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