About This Home

This 8-bedroom, 6-bathroom multi-family at 316 W COLUMBUS Drive in Tampa, FL is listed for $999,999 ($384 per sqft). Built in 1921, the home offers 2,606 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1921
  • 0.17 acre lot

Property Details

6 full
1921

Amenities

A/C
Listing Description

Fully rented multi-unit investment opportunity just minutes from Armature Works and Downtown Tampa. This income-producing property features multiple structures with strong rental flexibility and future development potential in a rapidly growing corridor.

The front building includes a 4 bedroom / 2 bath layout currently configured into four individual units, plus an upstairs 2 bedroom / 1 bath unit and an additional 1 bedroom / 1 bath unit below. In the rear of the property, a detached 1 bedroom / 1 bath cottage provides additional income and tenant appeal.

Property features include community laundry, private laundry inside the 4/2, and multiple rental configurations designed to maximize cash flow. Prime location near the Riverwalk, Armature Works, Downtown Tampa dining, retail, and major employment hubs. Fully rented with immediate income in place. Strong cash flow today with long-term appreciation and redevelopment upside. Ideal for investors seeking stabilized returns in a high-demand area.

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

316 W COLUMBUS Drive

Tampa, FL 33602

WEST HIGHLANDS

Features & Amenities

Interior Features

Ceiling Fans(s)Walk-In Closet(s)

Exterior Features

CourtyardPrivate Yard

Property Details

Flooring

Tile - Ceramic

Construction

Frame Wood Siding

Heating

Ductless (Heating)

Cooling

Central Air

Questions & Answers

This 8-bedroom, 6-bathroom multi-family at 316 W COLUMBUS Drive is listed at $999,999 ($384/sqft). The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1921, 0.17 acre lot. Interior Features: Ceiling Fans(s), Walk-In Closet(s). Exterior Features: Courtyard, Private Yard.

This property is listed by Kyle Noseworthy.

KN

Kyle Noseworthy

Agent at Realty Experts Inc

Listed by Realty Experts Inc · Broker phone: (727) 768-7651 · View on Broker Site · Broker website

MLS# TB8476378· Source: Stellar MLS· 255 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 W COLUMBUS Drive, Tampa, FL 33602

Open this listing in: