1021 E CAYUGA STREET
Tampa, FL 33603
$599,000
Income-producing opportunity in Southeast Seminole Heights! This versatile property offers three separate living spaces across two buildings and generated $57,600 in gross rental income in 2025, according to the seller.
The main residence features generously sized bedrooms and distinctive architectural character, including arched openings, a living-room fireplace, and a covered front porch. Its flexible layout can function as a 3-bedroom, 1-bathroom home or as a 2-bedroom residence with a dedicated office, den, or flex room. Estimated market rent is approximately $1,900-$2,000 per month.
The detached two-story accessory building contains two updated residences. The downstairs 2-bedroom, 1-bathroom unit is estimated to rent for approximately $1,350 per month, while the upstairs 3-bedroom, 1-bathroom unit is estimated at approximately $1,550 per month. The rear building offers separate access, parking, and convenient entry from the back alley, providing additional privacy and independence from the main residence.
Combined estimated rents total $4,800 per month, or $57,600 annually in potential gross rental income. The flexible configuration makes this an attractive option for a full investment property, multigenerational living, or an owner-occupant seeking to offset housing expenses with rental income. The detached ADU building is leased through August 29, 2027 (Unit #B) and Unit #C is leased through September 30, 2027.
Located approximately 3 miles from Downtown Tampa and minutes from I-275, with convenient access to Armature Works, Ybor City, Busch Gardens, USF, dining, entertainment, and major employment centers. No HOA. Buyer to verify zoning, permitted use, room dimensions, rental information, ...
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Listing Courtesy of: KELLER WILLIAMS ST PETE REALTY
murraycoleman@kw.com
| Listing Id: | TB8556500 |
|---|---|
| List Price: | $599,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 8 |
| Bathrooms Full: | 3 |
| Living Area: | 2,532 |
| Tax Annual Amount: | $5,088 |
| Lot Size Square Feet: | 6,960 |
| Lot Size Acres: | 0.16 |
| City: | Tampa |
| County Or Parish: | Hillsborough |
| Subdivision Name: | Phillip Sub |
| Postal Code: | 33603 |
| Year Built: | 1926 |
| Number Of Units Total: | 3 |
| Appliances: | Range, Refrigerator |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Public Records |
| Building Area Total: | 2756 |
| Building Area Units: | Square Feet |
| Foundation Details: | Crawlspace |
| Construction Materials: | Frame |
| Cooling: | Central Air, Mini-Split Unit(s) |
| Fireplace Features: | Living Room |
| Directions: | Head North on 275 to MLK exit. Take exit right to Nebraska Ave. Left on Nebraska. Right on Cayuga |
| Exterior Features: | Lighting |
| Flooring: | Carpet, Tile |
| Gross Income: | $57,600 |
| Heating: | Central, Electric |
| Interior Features: | High Ceilings |
| Laundry Features: | Laundry Closet |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.16 |
| Lot Size Dimensions: | 48x145 |
| Postal Code Plus4: | 4130 |
| MLS Area Major: | 33603 - Tampa / Seminole Heights |
| MLS Area Major: | 33603 - Tampa / Seminole Heights |
| Original List Price: | $599,000 |
| Parcel Number: | A-06-29-19-4LG-000000-00003.0 |
| Parking Features: | Common, Driveway, On Street, Open, Oversized |
| Township: | 29 |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2024 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Total Actual Rent: | $4,800 |
| Utilities: | Cable Available, Electricity Available, Water Available, Water Connected |
| Water Source: | Public |
| Property Condition: | Fixer |
| Public Survey Range: | 19 |
| Public Survey Section: | 06 |
| Zoning: | SH-RS |
| Annual Net Income: | 40320.00 |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 256.04 |
| Calculated List Price By Calcula: | 236.57 |
| Cddyn: | No |
| Est Annual Market Income: | 70800.00 |
| Flood Zone Code: | x |
| Green Verification Count: | 0 |
| Homestead Yn: | Yes |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 235.23 |
| Lot Size Square Meters: | 647 |
| Minimum Lease: | No Minimum |
| Realtor Info: | As-Is |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 2 |
| Unit Count: | 3 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Association 2 Yn: | 0 |
| Attribution Contact: | murraycoleman@kw.com |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-09-21 |
| Fireplace?: | Yes |
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Property Last Updated: October 10, 2026 02:10 AM - ET
