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$1,200,000

2501 IRENE STREET, LUTZ, FL 33549

Active0 days on market

Beds

12

Baths

6

Sq Ft

3,634 sq ft

Year Built

1971

Lot Size

0.39 acres

Garage

—

About This Property

Prime 6-Unit Multi-Family Investment Package | Lutz, FL.. An exceptional turnkey investment opportunity located in unincorporated Hillsborough County. This multi-family package consists of two contiguous parcels featuring two single-story, concrete block buildings totaling 6 residential units (each 2 Bed / 1 Bath). Situated in the Clewell Heights First Addition subdivision, the properties offer strong, stable cash flow driven by long-term tenants and high local rental demand. Key Property Highlights Turnkey Condition & Recent Capital Improvements: New Roofs (2024) across both structures. Exterior Paint (2024) and well-maintained grounds. Updated kitchens and bathrooms with newer appliances. Low-Maintenance Construction: Durable solid concrete block/masonry construction on slab foundations with asphalt shingle roofing and individual central A/C units for every unit. Tenant Amenities: Dedicated common off-street parking lot and convenient access to local transit. High-Demand Location: Positioned just minutes from the University of South Florida (USF), major shopping centers, and key thoroughfares connecting Tampa, Lutz, Land O' Lakes, and Wesley Chapel. Property & Parcel Breakdown: Parcel 1 (Folio: 035006-0000) Parcel 2 (Folio: 035007-0000) Combined Total Portfolio Site Address 2501 Irene St, Lutz, FL 33549 Unit Count. 4 Units (2 Bed / 1 Bath) 2 Units (2 Bed / 1 Bath) 6 Total Units. Year Built 1971 Living Area (Heated) 2,500 sq. ft. ~1,134–1,200 sq. ft. ~3,634–3,700 sq. ft. Lot Size 17,000 sq. ft. (~0.39 Acres) RMC-16 (Multi-Family) Concrete Block / Masonry on Slab Central A/C 6 units Individual Central A/C New Roofs (2024) Legal Description Clewell Heights First Add Lot 4 Block 2, Clewell Heights First Add Lot 5 Block 2 Lutz/North Tampa is one of the region’s most consistent rental submarkets, sustained by proximity to major employment hubs and top academic institutions. Connectivity: Immediate access to major arteries providing quick commutes to Downtown Tampa, USF Medical District, and rapidly growing suburban hubs like Wesley Chapel.

Property Overview

Property TypeResidential Income
Sub TypeQuadruplex
MLS #TB8553176
StatusActive
Year Built1971
ConstructionBlock
RoofShingle
FoundationSlab
SubdivisionCLEWELL HEIGHTS FIRST ADD
CountyHillsborough
OwnershipFee Simple

Interior Features

InteriorKitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
FlooringTile
AppliancesElectric Water Heater, Microwave, Refrigerator
LaundryNone
WindowsAluminum Frames
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorPrivate Entrance, Private Mailbox, Private Yard
Lot Size0.39 acres (17,000 sq ft)
Lot Dimensions170 x 100
Lot FeaturesIn County, Landscaped, Level, Street Dead-End
Road SurfacePaved, Asphalt
0

Utilities

WaterPublic
SewerAerobic Septic
UtilitiesElectricity Connected, Fire Hydrant, Street Lights, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$1,200,000
Annual Taxes$8,271 (2025)
FinancingCash, Conventional
ZoningRMC-16
Parcel #U0528191FP00000200004.0

Schools

ElementaryMort-HB
MiddleBuchanan-HB
HighFreedom-HB

Directions

From Bearrs and Livingston North 1 block to West on Irene St.

Location

2501 IRENE STREET, LUTZ, FL 33549

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedSeptember 30, 2026

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Home Price

$1,200,000

20% ($240,000)
6.75%

Loan Term

Principal & Interest$6,227
Property Tax (est.)$1,100
Insurance (est.)$150
Total Monthly$7,477
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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: September 30, 2026.

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