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About This Home
This 6-bedroom, 4-bathroom residential multi family at 245- 247 38th SE Ave in Saint Petersburg, FL is listed for $449,900 ($210 per sqft). Built in 1959, the home offers 2,140 sqft of living space on a 0.16 acres lot.
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onstruction, and company-owned homes that you won't find online.Income-producing duplex opportunity in St. Petersburg. This solid concrete block multi-family property features two spacious 3-bedroom, 2-bathroom units, offering strong rental appeal in a high-demand area for both long-term tenants and investors.
Each unit provides a functional layout with updated flooring, refreshed kitchens with stone countertops and tile backsplash, and renovated bathrooms with modern subway tile finishes. Large windows bring in natural light, creating comfortable and attractive living spaces for tenants.
The property offers approximately 2,140 square feet of heated living space and sits on a 75 x 90 lot in the Lewis Island area, just minutes from downtown St. Petersburg, waterfront parks, shopping, dining, and major commuter routes. Central air conditioning adds to tenant comfort and long-term rental stability.
With two large 3-bedroom units, this property provides strong income potential and flexibility for investors seeking cash flow, portfolio expansion, or a house-hack opportunity by living in one unit and renting the other. St. Petersburg continues to see strong rental demand, making this a compelling opportunity to acquire a multi-family property in a growing market. **Each unit has its own meters (water and electric)
Key Features
- Built in 1959
- 0.16 acre lot
Property Details
Monthly Cost Estimate
$2,406/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
245- 247 38th SE Ave
Saint Petersburg, FL 33705
Lewis Island Sec 3
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 245- 247 38th SE Ave is listed at $449,900 ($210/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1959, 0.16 acre lot.
This property is listed by Brenda Bianchi and can be reached at 7275957653 or brenda@brendabianchi.com.
