713 W 116TH AVE
3, 2, 1,325ft²
MLS#: TB8483699
UNDER APPRAISED VALUE! INCOME-PRODUCING DUPLEX WITH STRONG CASH FLOW!
Exceptional investment opportunity in the heart of North Tampa! This renovated duplex generates $3,000 per month ($36,000 annually) and offers stable income with existing leases in place through 01/31/2027 (Unit 1) and 11/30/2026 (Unit 2).
Situated at the end of a quiet dead-end street and shaded by mature oak trees, this property features a total of 5 bedrooms, 2 bathrooms, and over 1,700 square feet of living space. The flexible floor plan includes a lower-level living area with 2 bedrooms and 1 bath, while the upper level offers 3 bedrooms, 1 bath, and a spacious living room, creating an ideal setup for multigenerational living or rental income.
Recent updates include luxury vinyl plank flooring, granite countertops, updated cabinetry, fresh interior and exterior paint, energy-efficient mini-split AC systems, a roof installed approximately two years ago, and new backyard fencing. The fully fenced yard provides privacy and ample outdoor space.
Property Details:
• Property Type: Duplex
• Units: 2
• Monthly Rent: $3,000
• Annual Rent: $36,000
• Unit 1 Lease Expiration: 01/31/2027
• Unit 2 Lease Expiration: 11/30/2026
Conveniently located near USF, Busch Gardens, AdventHealth, I-275, shopping, dining, and entertainment. No HOA or CDD fees. Whether you're looking to expand your investment portfolio or secure a property with strong existing cash flow, this North Tampa duplex offers exceptional value and income potential.
Grass in some listing photos has been digitally enhanced for marketing purposes.
Driving directions : Head north on I-275 from downtown Tampa. Take Exit 50 for Busch Boulevard and turn left onto E Busch Blvd. Continue for about 1.5 miles, then turn right onto N Nebraska Avenue. Drive for half a mile, then turn left onto E Bougainvillea Avenue. Take an immediate right onto N 14th Street, then a left onto E Annie Street, and finally a right onto N Mulberry Street. The home is located on the left at the end of the cul-de-sac—welcome to 9404 N Mulberry!
| Rooms | Dimension | Description |
|---|---|---|
| Kitchen | 11x11 | First level |
| Living Room | 18x11 | First level |
| Bedroom 1 | 11x13 | First level |
| Bedroom 2 | 10x11 | First level |
| Kitchen | 11x11 | Second level |
| Living Room | 15x11 | Second level |
| Primary Bedroom | 11x13 | Second level |
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