Tampa, FL 33602,2306 N MORGAN ST
Tampa, FL 33602,2306 N MORGAN ST
Tampa, FL 33602,2306 N MORGAN ST
Tampa, FL 33602,2306 N MORGAN ST
Tampa, FL 33602,2306 N MORGAN ST
Tampa, FL 33602,2306 N MORGAN ST
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Abdallah Fawaz

Abdallah Fawaz

+1(407) 790-5014
$ 1,600,000
Est. payment | /mo

9 Beds

7 Baths

1,372 SqFt

Save Virtual Tour
$ 1,600,000
Est. payment | /mo
Save Virtual Tour

9 Beds

7 Baths

1,372 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 1,372 sqft

Price per Sqft $1,166

Subdivision Grove Heights

MLS Listing ID TB8449870

Bedrooms 9

HOA Y/N No

Year Built 1902

Annual Tax Amount $4,959

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x120

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Located in the highly desirable Tampa Heights submarket, 2306 Morgan Street is a well-positioned multifamily asset consisting of two buildings totaling 7 units across 4,315 square feet. The property includes a front triplex built in 1902 and a rear quadplex built in 1926, offering a compelling blend of historic charm and modern improvements. The asset features a diverse unit mix comprised of two studios (approximately 343 SF each), one 1-bedroom/1-bath unit (682 SF), and four 2-bedroom/1-bath units (approximately 735 SF each). The property has benefited from recent capital improvements, including a new roof installed within the past 2–3 years, along with additional upgrades and fresh interior and exterior paint, providing strong curb appeal and a low-maintenance ownership profile. Income totals include a combination of market rents and housing assistance payments, offering stable cash flow with upside potential. Several long-term tenants are currently paying below-market rents, creating an opportunity to optimize rents to market levels over time. Additional value-add strategies include implementing utility bill-backs, particularly for water, to further enhance net operating income. Redevelopment or reconfiguration potential may exist, subject to buyer due diligence. Positioned minutes from some of Tampa's most vibrant destinations, residents enjoy easy access to Ybor City's historic nightlife, Downtown Tampa's Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime central location, 2306 Morgan Street stands out as a strong opportunity to own a turn-key multifamily asset in one of Tampa's most in-demand rental corridors.

Location

State FL

County Hillsborough

Community Grove Heights

Area 33602 - Tampa

Zoning RM-24

Interior

Interior Features Other

Heating Ductless

Cooling Wall/Window Unit(s)

Flooring Carpet, Linoleum

Fireplace false

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco,Wood Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Private Financing Available

Listing Terms Cash, Conventional, FHA, Private Financing Available

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8449870

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Eddie Serralles SERRALLES GROUP,INC

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Gorrie Elementary School

    Public | PK - 5

  • 8

    Mitchell Elementary School

    Public | PK - 5

  • 8

    Macfarlane Park Elementary Magnet School

    Public | KG - 5

  • 8

    Trinity School for Children

    Public | KG - 8

  • 7

    Rampello K-8 Magnet School

    Public | KG - 8

  • 7

    Hillsborough Virtual School

    Public | KG - 12

  • 6

    West Tampa Elementary School

    Public | PK - 5

  • 6

    Walton Academy

    Public | KG - 5

  • 5

    Channelside Academy of Math and Science

    Public | KG - 5

  • 5

    Shore Elementary Magnet School

    Public | KG - 5

  • 5

    Lockhart Elementary Magnet School

    Public | PK - 5

  • 5

    Lomax Magnet Elementary School

    Public | KG - 5

  • 5

    Mendenhall Elementary School

    Public | PK - 5

  • 5

    Egypt Lake Elementary School

    Public | PK - 5

  • 4

    Dunbar Elementary Magnet School

    Public | KG - 5

  • 4

    Metropolitan Ministries Partnership Elementary School

    Public | KG - 5

  • 4

    Edison Elementary School

    Public | PK - 5

  • 4

    Seminole Elementary School

    Public | PK - 5

  • 4

    Oak Grove Elementary School

    Public | PK - 5

  • 3

    Desoto Elementary School

    Public | PK - 5

Middle Schools 17
  • 8

    Wilson Middle School

    Public | 6 - 8

  • 5

    Stewart Middle Magnet School

    Public | 6 - 8

  • 5

    Franklin Middle Magnet School

    Public | 6 - 8

  • 5

    Orange Grove Middle Magnet School

    Public | 6 - 8

  • 5

    Ferrell Middle Magnet School

    Public | 6 - 8

  • 4

    Mount Pleasant Standard Base Middle School

    Public | 6 - 8

  • 3

    Young Middle Magnet School

    Public | 6 - 8

  • 1

    Memorial Middle School

    Public | 6 - 8

  • 1

    Carver Exceptional Center

    Public | 6 - 12

  • 1

    Sligh Middle School

    Public | 6 - 8

  • 0

    Ami Kids Tampa

    Public | 6 - 12

  • 0

    Hillsborough Ese Contracted Residential Placement

    Public | 6 - 12

  • 0

    Tampa Preparatory School

    Private | 6 - 12

  • 0

    Channelside Academy Middle School

    Public | 6 - 8

  • 0

    Waters Career Center

    Public | 6 - 12

  • 0

    Riverside Academy

    Public | 6 - 12

  • 0

    Pace Center for Girls

    Public | 6 - 12

High Schools 11
  • 8

    Plant High School

    Public | 9 - 12

  • 4

    Blake High School

    Public | 9 - 12

  • 4

    Hillsborough High School

    Public | 9 - 12

  • 3

    Middleton High School

    Public | 9 - 12

  • 0

    Brewster Technical Center

    Public | 9 - 12

  • 0

    Seminole Heights Charter High School

    Public | 9 - 12

  • 0

    Jesuit High School

    Private | 9 - 12

  • 0

    Tampa Catholic High School

    Private | 9 - 12

  • 0

    Pepin Transitional School

    Public | 9 - 12

  • 0

    Learey Technical Center

    Public | 9 - 12

  • 0

    Erwin Technical Center

    Public | 9 - 12

School and business data provided by Attom Data.
Abdallah Fawaz

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(407) 790-5014

a-fawaz@myorlandoplace.com

1400 S International Pkwy, Lake Mary, FL, 32746-1607, USA

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2306 N MORGAN ST