$1,149,000
ActivePrice drops, under contract and the sold price, by email.2501 Irene St, Lutz, FL 33549
3,634 sq ft
Listing courtesy of COLDWELL BANKER REALTY Β· MLS# TB8567163
Listed today
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
Prime 6-Unit Multi-Family Investment Package | Lutz, FL.. An exceptional turnkey investment opportunity located in unincorporated Hillsborough County. This multi-family package consists of two contiguous parcels featuring two single-story, concrete block buildings totaling 6 residential units (each 2 Bed / 1 Bath). Situated in the Clewell Heights First Addition subdivision, the properties offer strong, stable cash flow driven by long-term tenants and high local rental demand. Key Property Highlights Turnkey Condition & Recent Capital Improvements: New Roofs (2024) across both structures. Well-maintained grounds. Updated kitchens and bathrooms with newer appliances. Low-Maintenance Construction: Durable solid concrete block/masonry construction on slab foundations with asphalt shingle roofing and individual central A/C units for every unit. New Septic System 2026. Tenant Amenities: Dedicated common off-street parking lot and convenient access to local transit. High-Demand Location: Positioned just minutes from the University of South Florida (USF), major shopping centers, and key thoroughfares connecting Tampa, Lutz, Land O' Lakes, and Wesley Chapel. Property & Parcel Breakdown: Parcel 1 (Folio: 035006-0000) Parcel 2 (Folio: 035007-0000) Combined Total Portfolio Site Address 2501 Irene St, Lutz, FL 33549 Unit Count. 4 Units (2 Bed / 1 Bath) 2 Units (2 Bed / 1 Bath) 6 Total Units. Year Built 1971 Living Area (Heated) 2,500 sq. ft. ~1,134β1,200 sq. ft. ~3,634β3,700 sq. ft. Lot Size 17,000 sq. ft. (~0.39 Acres) RMC-16 (Multi-Family) Concrete Block / Masonry on Slab Central A/C 6 units Individual Central A/C New Roofs (2024) Legal Description Clewell Heights First Add Lot 4 Block 2, Clewell Heights First Add Lot 5 Block 2 Lutz/North Tampa is one of the regionβs most consistent rental submarkets, sustained by proximity to major employment hubs and top academic institutions. Connectivity: Immediate access to major arteries providing quick commutes to Downtown Tampa, USF Medical District, and rapidly growing suburban hubs like Wesley Chapel.
Facts
- Property type
- Multi-Family 5+
- Year built
- 1971
- Exposure
- West
- Flood zone
- X
- Annual taxes
- $8,271/yr
- Listed
- Nov 11, 2026
- MLS #
- TB8567163
Commercial details
Building & site
- Building size
- 3,768 SF
- Lot size
- 0.39 acres (17,000 SF)
- Zoning
- RMC-16
- Parking spaces
- 11
- Road frontage
- 170 ft Β· County Road
- Buildings
- 2
- Building features
- Bathrooms, Dumpsters, Fencing
Investor metrics
- Price per SF (MLS)
- $304.94/SF
- Net operating income
- $57,046/yr
- Gross income
- $83,625/yr
- Annual expenses
- $26,679/yr
- Units
- 6
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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2501 Irene St, Lutz, FL 33549
Listing courtesy of COLDWELL BANKER REALTY Β· MLS# TB8567163 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

