405 E Cayuga Street, Tampa, FL 33603

$400,000
3
BD
2
BA
1,338
SqFt

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List Price
$400,000
Days on Market
2
MLS#
TB8534084
Bedrooms
3
Full Bathrooms
2
Sq. Ft
1,338
Lot Size
5,740
Subtype
Single Family
County
Hillsborough
Community
No Deed Restriction
Subdivision
Lesleys
Year Built
1938

Property Description

Rare duplex in the heart of Old Seminole Heights! Whether you're an investor looking to add a strong cash-flowing asset to your portfolio or a savvy house hacker looking to offset your mortgage with rental income, opportunities like this are few and far between. Offering two completely separate residences on one property, this unique investment combines privacy, character, and long-term income potential in one of Tampa's most desirable rental markets. Most recently leased for $1,700 and $1,750 per month, this property offers proven income potential from day one. Unlike a traditional duplex, these are two completely detached homes with no shared walls, giving each residence the feel and privacy of a single-family home. The front 1-bedroom, 1-bath 650sqft main house immediately stands out with its distinctive Cape Cod-inspired cedar shingle exterior—a rare architectural style that adds charm and timeless character. Inside, you'll find fresh interior paint, newer windows, white shaker cabinetry, granite countertops, wood-look laminate flooring, a spacious walk-in closet, in-unit laundry, and a full kitchen appliance package including the refrigerator, range, microwave, and dishwasher. Privately tucked behind the main home is a detached 2-bedroom, 1-bath 658sqft carriage house with its own alley access and off-street parking, creating an ideal setup for long-term tenants, multigenerational living, or an owner-occupant looking to generate passive income. A privacy fence separates the two homes, creating the feel of two independent residences rather than a typical duplex. Each home features its own water, sewer, and electric meters, central heat and air, and private laundry, making ownership and management simple. Major improvements include roofs and water heaters replaced in 2018, HVAC systems installed in 2019 and 2020, termite tenting completed in 2018, and more. Additional storage is conveniently located beneath the carriage house. Located in the heart of highly sought-after Old Seminole Heights, you'll be just minutes from neighborhood favorites including award-winning restaurants, breweries, coffee shops, parks, Downtown Tampa, Armature Works, and the Tampa Riverwalk. Investment opportunities with this level of character, privacy, and flexibility rarely become available in Seminole Heights. Whether you're building long-term wealth through rental income or looking for one of the best house-hacking opportunities on the market, this is a property you'll want to see.

Additional Information

City
Tampa
Region
Tampa / Seminole Heights
Zip
33603
Mo Subdivision
Northeast Tampa, Old Seminole Heights
Neighborhood
Northeast Tampa, Old Seminole Heights
Subdivision
Lesleys
Area
1338
Community Extras
No Deed Restriction
Property Description
Two Story
Exterior Construction
Cedar, Frame
Elementary School
Broward-Hb
Middle School
Memorial-Hb
High School
Hillsborough-HB
Architectural Style
Bungalow, Cottage
Pool Type
No Pool
Property Style
Single Family
Total Acreage
0 to less than 1/4
Special Sale Provision
None
Minimum Lease
1 Week
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)
Flood Zone
X
Financing Available
Cash, Conventional, FHA, VA Loan
Heated Square Feet
1338
Acres
0.13
Stories
1
Exterior Features
Storage
Fence Description
Vinyl
Floor Covering
Laminate, Tile, Wood
Other Structures
Guest House
Pp Sqft
298.95
Levels
Two
Architectural Style
Bungalow, Cottage
Occupant Type
Vacant
Subtype
Single Family
Roof
Shingle
Property Subtype
Residential
DPRYN
Yes
Sewer
Public Sewer
Water Source
Public
Furnished
Unfurnished

Listing courtesy of LOMBARDO HEIGHTS LLC. 813-995-5558

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