Hillsborough Homes with Triplex Property SubType

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Hillsborough and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Hillsborough Homes with Triplex Property SubType

$650,000

6 Beds ⋅ 4 Baths ⋅ TB8540301 MLS

Introducing a rare, fully renovated triplex investment opportunity in the heart of V.M. Ybor, one of Tampa’s most dynamic and rapidly evolving urban neighborhoods. Extensively renovated in 2023, nearly every major aspect of the property has been updated, offering investors a turnkey income-producing asset with limited near-term maintenance. The property features a highly desirable three-unit configuration, with the main residence consisting of a spacious 3-bedroom, 2-bath unit previously renting for $2,800 per month and a 2-bedroom, 1-bath unit previously renting for $1,800 per month, along with a detached 1-bedroom, 1-bath accessory dwelling unit providing additional privacy and currently leased at $1,400 per month with approximately seven months remaining on the lease. At full occupancy, the property previously generated approximately $72,000 in annual gross rental income. The tenants in the 3-bedroom and 2-bedroom units recently moved out, creating an excellent opportunity for a new owner to immediately place new tenants, reposition rents, or explore alternative rental strategies based on their investment goals. Located less than a 10-minute drive from Downtown Tampa and just minutes from Ybor City, Tampa Heights, Armature Works, the Tampa Riverwalk, and some of the city’s largest employment, entertainment, and development districts, this property is positioned directly in the path of Tampa’s continued growth. Significant redevelopment, new construction, and investment throughout V.M. Ybor and the surrounding urban core continue to transform the area and strengthen its long-term appeal. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset housing costs with two additional units, or a buyer looking to secure a multi-family asset in a rapidly growing Tampa neighborhood, this renovated V.M. Ybor triplex offers a compelling combination of proven rental history, multiple income streams, extensive 2023 renovations, and an exceptional location minutes from the heart of the city.

1406 E 21st Avenue, Tampa

Listing courtesy of KELLER WILLIAMS TAMPA CENTRAL. 813-865-0700

$795,000

7 Beds ⋅ 3 Baths ⋅ TB8537997 MLS

Three Homes plus vacant Lot * Four Lots total - sold together only * .92 Acres (MOL) Zoning: RM 24–Residential Multi-Family * Redevelopment Opportunity for 22 Multi-Family Units plus 9 Storage Units - or 94-bed ACLF * Located in East Tampa Opportunity Zone * Lot Dimensions: 270’ x 156’ x 270’ x 145’ * 270’ Frontage on E 15th Ave Utilities: Water, Sewer, Trash: City of Tampa Electric: TECO * Folio Numbers: 175381-, 175382-, 178383-0000 * Flood Zone: X * 2025 Real Estate Taxes: $10,100.00 (total/all parcels) * PRICE REDUCED: $795,000.00

3911 E 15th Avenue, Tampa

Listing courtesy of ROSS MARKETING GROUP LLC. 727-639-3800

$515,000

1 Beds ⋅ 3 Baths ⋅ TB8537300 MLS

Split double lot included, multiple buildings, and ample opportunity to make this a dream property! Multiple buildings include: main house, efficiency, garage/efficiency, and 2 sheds! House hacking, airbnb investors, and owner occupants all invited to see how this unique property could work for you! Nearly a quarter acre total land split into 2 separate lots could even be the perfect canvas for building new structures! Plus the property is only a block from the Hillsborough River, but high and dry in flood zone X! Keep the existing layout and use the large parking area to park your boat or RV! The opportunities really are endless when something like this presents itself! The main house includes 810 square feet, 1 bedroom plus office. The efficiency is fully remodeled with 400 square feet of space to rent out long term or short term. The garage could be utilized for storage or with a little effort, could be transformed into another livable space. Kitchenette/bathroom already in place! Use your vision to maximize the potential of this property in a prime location!

1014 W Mohawk Avenue, Tampa

Listing courtesy of EXP REALTY LLC. 888-883-8509

$599,900

8 Beds ⋅ 5 Baths ⋅ TB8531102 MLS

RARE opportunity to own a turnkey legal triplex with one vacant unit ready for immediate owner occupancy or a new tenant! Whether you’re an investor looking for immediate cash flow or a buyer interested in “house hacking” by living in one unit while the other two help pay your mortgage, this property offers outstanding flexibility in one of Tampa’s fastest-growing neighborhoods. Photos depict only one of the smaller units as there are currently tenants in the other two, Beautifully updated throughout, the units feature new luxury flooring, modern shaker cabinetry, granite countertops, and fresh neutral paint, creating an inviting, move-in-ready feel. With nearly 4,200 square feet, each unit offers spacious living areas that stand out from the competition and appeal to today’s renters. Extensive improvements have already been completed, including a metal roof (approximately 10 years old), updated copper electrical, mini-split A/C systems (approximately 5 years old), water heaters (approximately 2–5 years old), and the main plumbing line to the street replaced approximately 3 years ago. Simply step in and begin generating income while enjoying the peace of mind that comes with these major updates. The rear of the property also provides valuable off-street parking for tenants and guests. The property offers additional upside potential, with buyers encouraged to explore future opportunities to enhance the existing outbuilding or maximize the property’s income potential, subject to City of Tampa approval and buyer verification. Location is the true star of this property. Positioned between Historic Ybor City, Seminole Heights, and Tampa Heights, you’ll be surrounded by some of Tampa’s hottest restaurants, breweries, coffee shops, boutiques, and nightlife. Enjoy quick access to Downtown Tampa, Armature Works, the Tampa Riverwalk, Water Street Tampa, Sparkman Wharf, Channelside, the Port of Tampa, Midtown Tampa, and Interstate 275, making commuting and entertainment incredibly convenient. This area continues to experience significant redevelopment and investment, making it one of Tampa’s most exciting locations for both homeowners and investors seeking long-term appreciation. With one unit available for immediate occupancy and two currently producing rental income, this is a unique opportunity to own a versatile, income-producing property in the heart of one of Tampa’s most desirable growth corridors. Whether you’re looking to expand your portfolio, begin your Real Estate investment journey, or let your tenants help build your wealth, this property truly offers the best of both worlds.

1212 E 25th Avenue, Tampa

Listing courtesy of RE/MAX REALTY UNLIMITED. 813-684-0016

$360,000

4 Beds ⋅ 3 Baths ⋅ TB8519331 MLS

This renovated, move-in-ready property in Tampa, Florida, sits on a lovely shaded lot and offers incredible versatility for both owner-occupants and savvy investors. The main house features central A/C and is intelligently divided into two distinct rental spaces: Unit A, a spacious 3-bedroom, 1-bathroom layout, and Unit B, a private 1-bedroom, 1-bathroom unit with its own separate entrance. Adding even more value to the property is a detached guest house, Unit C, which serves as a cozy studio apartment complete with a kitchenette and full bathroom. Perfect for multi-generational living or maximizing rental income, this unique multi-unit setup provides endless flexibility, with a complete rental history available upon request.

1504 E 99th Avenue, Tampa

Listing courtesy of REDFIN CORPORATION. 813-518-8756

$540,000

4 Beds ⋅ 3 Baths ⋅ TB8512110 MLS

Turn-Key Multi-Use Short-Term Rental Opportunity in the Heart of West Tampa with a New Roof installed June of 2026! Welcome to a rare and versatile income-producing property located just minutes from Tampa’s most sought-after destinations including Tampa International Airport, Amalie Arena, Raymond James Stadium, and Tampa General Hospital. Situated in the rapidly growing West Tampa area just one street from the city’s planned Riverwalk expansion, this beautifully renovated property offers exceptional flexibility for investors, house hackers, or anyone seeking a high-performing short-term rental. Officially a 4-bedroom, 3-bath single-family home with two additional bonus rooms, the property features a unique layout with three exterior entrances and interior security doors that allow the home to function as three separate short term type airbnb spaces under one roof. This innovative flex-space setup creates multiple short-term rental options while maintaining single-family zoning benefits. The configuration includes: • A spacious modernized 2-bedroom / 1-bath unit (~700+ sq ft) featuring the full kitchen, driveway, front yard, and a giant covered and tiled front porch. • Two private 1-bedroom / 1-bath lock-out suites (~400+ sq ft each), each with a bedroom, bathroom, living area, and kitchenette with wet bar, sink, cabinetry, refrigerator, and under-cabinet lighting. Whether you’re an investor seeking a short-term rental or a buyer looking for a flexible property that can pay for itself, 2526 W Union St is the perfect opportunity to own a fully operational income property in the heart of Tampa.

2526 W Union Street, Tampa

Listing courtesy of KELLER WILLIAMS TAMPA CENTRAL. 813-865-0700

$3,250,000

7 Beds ⋅ 9 Baths ⋅ TB8469293 MLS

Rare destination waterfront property offering a unique blend of luxury accommodations, event-ready gathering spaces, and hospitality potential across over 2.25 acres in the exclusive Lost River Preserve community. Spanning four addresses with over 300 feet of water frontage, including a separate parcel pre-plumbed for future development, this one-of-a-kind estate presents exceptional flexibility for expansion, guest accommodations, executive retreats, wellness experiences, seasonal rentals, corporate gatherings, multi-generational/family events, and evolving hospitality opportunities. Designed to accommodate larger groups while preserving privacy and comfort, the property encompasses nearly 6,700 square feet across two distinct yet connected residences joined by a central foyer. Multiple living areas, two full kitchens, private suites, dedicated offices, and expansive gathering spaces create a versatile setting capable of serving a variety of residential, hospitality, and retreat-oriented uses. The primary living areas and suites were positioned to embrace the waterfront setting, with soaring ceilings, walls of glass, and panoramic lake views creating a memorable guest experience. Constructed with poured concrete tilt walls, impact-rated windows and doors, a Galvalume aluminum tile-look roof, and situated high and dry in Flood Zone X, the property offers durability and peace of mind for owners and guests alike. Outdoor amenities rival those of a private resort, featuring a custom saltwater pool with sun shelf, 9-person spa, outdoor kitchen, expansive screened lanai, covered boat dock with ski boat hoist and filleting station, secondary dock for kayaks and paddleboards, and breathtaking sunset views across the water. Further enhancing the property's versatility, the detached villa provides approximately 1,200 square feet with a full kitchen and private accommodations, creating opportunities for guest lodging, caretaker housing, executive stays, or owner occupancy. A three-bay garage offers ample storage for boats and recreational equipment. Adjacent to the villa, an approximately 800-square-foot waterfront gathering space with full bath and private screened lanai is ideally suited for executive retreats, wellness experiences, family reunions, extended-stay guests, and other hospitality-oriented opportunities. The inclusion of four separate addresses, multiple residential structures, dedicated gathering spaces, and a future homesite creates a scale and versatility rarely available in a single waterfront offering. Set within the breathtaking 900-acre Lost River Preserve community, visitors enjoy boating, trophy bass fishing, and an unmatched connection to nature surrounded by protected shoreline, scenic waterways, and native wildlife including roseate spoonbills, ospreys, and herons. Rich in history, the community is also home to the renowned Leisey Shell Pit fossil discovery, with artifacts showcased at the nearby Paleo Preserve Fossil Museum. Located just 35 minutes from Downtown Tampa and within reach of Tampa International Airport, fine dining, luxury shopping, professional sports, and world-class entertainment, the property offers a rare balance of seclusion and accessibility. Whether envisioned as a hospitality destination, executive retreat, wellness venue, seasonal rental opportunity, family reunion compound, or private waterfront estate, this remarkable property offers a level of flexibility rarely found in the Tampa Bay market.

3215 Gulf City Road, Ruskin

Listing courtesy of GULF SHORES REALTY ERA POWERED LLC. 813-636-0700

$440,000

4 Beds ⋅ 3 Baths ⋅ TB8466971 MLS

Excellent Value-Add Triplex Near USF – NEW PRICE BELOW Appraised Value!!! (Appraised 11/2024 at $455,000) Here’s a rare opportunity to acquire a cash-flowing triplex in one of Tampa’s strongest rental corridors—with one unit vacant and ready for immediate occupancy or higher rents. Current Performance Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Solid block construction, in-unit washer/dryer, and central A/C. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction with window A/C. Unit C (Left – Efficiency / 1 Bath): Vacant and ready. Frame construction with window A/C. Ideal for an owner-occupant, a new tenant at market rent, or a light value-add refresh. Current monthly income from leased units: $3,150 Rent Unit C for the going rate of $1,000 and the monthly income goes back to the previous $4,150+ monthly gross. Investor Advantages Association covers water, sewer, and trash (single community meter) — a meaningful reduction in operating expenses. Each unit is individually metered for electricity, so tenants pay their own power. Mix of unit sizes attracts students, young professionals, medical workers, and small families. Proven rental demand just minutes from the University of South Florida, major shopping and dining, public transit, and quick access to I-275. Whether you want a turnkey income property, an owner-occupy opportunity (live in Unit C while the other two pay the mortgage), or a light value-add play, this triplex delivers solid fundamentals in a high-demand Tampa location—and it’s priced below its recent appraisal. Perfect for 1031 exchanges or portfolio expansion.

1403 College Park Lane, Tampa

Listing courtesy of DALTON WADE INC. 888-668-8283

Start Your Search

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
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.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.