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2501 Irene Street, FL
Stellar MLS

$1.15M

2501 Irene StreetLutz, FL 33549

Listing updated: November 13, 2026 at 2:09 PM ET

Active
Stellar MLSListing courtesy of Coldwell Banker Realty · Brian Bernhard · MLS #TB8567163 · Active · 813-289-1712
3,768
Building SF
0.39
Acres
6
Units
1971
Built
$305
Per SF
◆Multi-Family 5+◆4.96% cap rate◆$305/SF◆360° tour
Multi-Family 5+

Property type

1971

Year built

3,768 SF

Building size

17,000 sqft

Lot size

$305

Price / SF

6

Units

RMC-16

Zoning

1

Day on market

Investment & cash flow

4.96%
Cap rate
$57K
NOI / yr
$84K
Gross income (Actual)
$27K
Annual expenses
13.7
GRM
$305
Price / SF

Income includes: Rent Only

Figures provided by the listing broker — verify independently.

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. ~1,134–1,200 sq. ft. ~3,634–3,700 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 region’s 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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
1
Subdivision
Clewell Heights First Add
County
Hillsborough
Year built
1971
Building area
3,768 sq ft
Price/sq ft
$305
Lot size
17,000 sq ft
Units
6
Buildings
2
Stories
1
Parking spaces
11
Electric meters
7
Water meters
1
Road frontage
County Road
Building features
Bathrooms, Dumpsters, Fencing
Annual taxes
$8K (2025)
Parcel #
U-05-28-19-1FP-000002-00004.0
Zoning
RMC-16
MLS #
TB8567163

Utilities

Utilities
Private, Public, Water Connected
Water source
Public
Sewer
Aerobic Septic

Listing details

Listing date
2026-11-11
On market date
2026-11-12
MLS area
33549 - Lutz
Status changed
2026-11-12
Tax legal description
CLEWELL HEIGHTS FIRST ADDITION LOT 4 & 5 BLOCK 2

Location

Directions

From Bearrs Ave. North on Livingston one block to West on Irene St.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of November 13, 2026 at 2:09 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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2501 Irene Street — $1.15M | MaxLife Commercial