St. Petersburg Real Estate Search

St. Petersburg Multi-Family Properties for Sale

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Newest St. Petersburg Multi-Family Homes for Sale

$1,500,000
5 Beds 5 Baths Greater Euclid Place SubDv. 33705 Zip Code
Incredible Investment Opportunity: Historic Uptown 3-Unit Income Property in St. Petersburg.... Discover a rare, well-maintained vintage gem in the historic Uptown neighborhood along magnificent tree-lined streets. This triad opportunity blends classic charm with modern livability, featuring a spacious main residence plus two income-producing units—each with long-term tenants in place. The main house offers about 2,400 sq ft of living space, with four bedrooms and 2.5 baths, preserved original tile floors greeting you at the entry, tall ceilings, and generously proportioned rooms that radiate old-world charm. A magnificent fireplace anchors the living area, making it ideal for gatherings, while the layout flows gracefully into dining and living spaces filled with natural light. The property sits on a huge lot that showcases a large inground pool. The two back units also provide steady income: upstairs is a one-bedroom, one-bath unit and downstairs is another studio unit, all currently leased to long-term tenants, offering immediate cash flow. This is a true vintage home that has been meticulously cared for, merging original character with modern livability in a location that combines historic appeal with everyday convenience. If you’re seeking a remarkable Uptown find with genuine old-world charm, solid rental income, and a backdrop of tree-lined streets, this property is a must-see. Close to downtown St Petersburg and a short drive to the world renowned Pinellas county Beaches. Reach out today to schedule a tour and explore financing options that maximize this incredible opportunity.

1225, 1225 1/2 11th Street N, St Petersburg

$445,000
4 Beds 4 Baths Washington Terrace SubDv. 33702 Zip Code
Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious 2-bedroom, 2-bathroom units with porcelain tile and luxury vinyl flooring throughout. A new A/C unit was recently installed in Unit 2985. Both units offer inside utility rooms with laundry facilities and private yard spaces, providing added comfort and convenience for tenants. One unit is currently occupied by a reliable long-term tenant, providing immediate rental income, while the second unit is vacant and ready for an owner-occupant or investor seeking market-rate rents. Current rental income is below market, with strong upside potential. Estimated market rents are approximately $2,150 per month per unit beginning August 1, 2026. Tenants are responsible for electricity and water, and separately metered utilities help keep operating expenses low and management simple. Built in 1984, the property features durable concrete block construction and ample on-site parking. Ideally situated between I-275 and US-19, this property offers convenient access to St. Petersburg, Tampa, and Clearwater. Located in a non-flood zone, no flood insurance is currently required, providing additional long-term value and peace of mind. Enjoy a central location just minutes from Sawgrass Lake Park, Crescent Lake Park, and vibrant downtown St. Petersburg, featuring the St. Pete Pier, waterfront dining, museums, entertainment, and shopping. The Gulf beaches, St. Pete-Clearwater International Airport, and Tampa International Airport are all within easy reach. This is a rare opportunity to own a versatile income-producing property in a high-demand rental market with excellent long-term growth potential. PLEASE DO NOT DISTURB TENANTS. Unit 2983 is tenant occupied and may not be shown. Showings are limited to the vacant Unit 2985 by appointment only.

2983 62nd Avenue N, St Petersburg

$629,000
4 Beds 4 Baths North St Petersburg SubDv. 33702 Zip Code
This is a prime chance to buy a solid 4-plex for your long-term portfolio or to utilize the perfect "house-hack" by living in the spacious 1,274 SF, renovated main house while your tenants pay the mortgage. MAJOR UPDATES include a new roof and new mini-split AC systems, all installed in 2026. The property sits on a large 7,915 SF lot that stayed completely dry during recent major storms and features fresh paint inside and out, new stucco, and updated landscaping. The grounds provide plenty of outdoor space, highlighted by a large shared courtyard. The main house is spacious and has been fully renovated, featuring two bedrooms, one bathroom, a large kitchen, and a dedicated room for your pantry and washer/dryer, new light fixtures and water heater. There is also a formal dining room, a large foyer, a living room with a cozy fireplace, and two private patios. The back of the property holds three more units: one attached efficiency and two units in a separate building, including one that is freshly updated with a versatile bonus room that can serve as a second bedroom, a walk-in closet, an office, or extra storage. The location is ideal, just 10 minutes from downtown St. Pete with quick access to the highway and a short walk to a variety of coffee shops, restaurants, spas, car wash and so much more. It is also situated directly behind Rumba Grill, putting local dining and happy hour right at your doorstep. Each of the four units has its own private entrance and parking. There is plenty of room for vehicles with at least seven parking spaces on site, making this a rare and versatile investment opportunity that is ready to perform.

110 Ne Monroe Circle N, St Petersburg

$789,000
5 Beds 4 Baths Bayboro SubDv. 33701 Zip Code
Price reduced Investor Opportunity in Old Southeast. Fully renovated Triplex Near downtown St Petersburg and Tampa Bay. Turnkey income property in one of St. Petersburg’s most desirable historic neighborhoods, Old Southeast. Just blocks from Lassing Park and Tampa Bay, this fully renovated triplex offers strong rental appeal and long-term appreciation potential AND not in a flood zone!! Property Highlights: Three Units with possibility of creating additional income by dividing the 23' x 22' detached garage into two rentable spaces with alley entrance. First floor is a beautifully updated 3BR/2BA main residence with bonus office and welcoming front enclosed and air conditioned porch. Upstairs are two, fully updated 1BR/1BA apartments, each with living rooms, bedrooms and private balcony. Extensive Updates include: New impact windows & doors 2023, Roof 2015, Luxury vinyl flooring throughout, Fully updated and modern kitchens & baths, New tankless water heaters, Ceiling fans and so much more. Shop the competition and then expect to be astonished at this beautiful and affordable property. Street and alley entrance parking will comfortably accommodate 4 vehicles. Your tenants will enjoy the private back patio and easy access laundry area. With flexible space and rental options, this triplex is ideal for long or seasonal term as allowed by the City (Not AirBNB approved) or owner-occupant with supplemental income, this property checks all the boxes for cash flow and lifestyle. Looking for multigenerational home? This home could be modified to a single family residence with separate living areas for family members independence!! Location, location, location!!! Prime location near downtown’s, very vibrant and culturally rich culinary, arts, sports, museums, college and hospitals. Home of the St Pete Grand Prix, the Rowdies and the Rays as well as other waterfront attractions makes this a high demand rental asset in high demand. THIS TRIPLEX IS NOT LOCATED IN A FLOOD ZONE. Fall in love with this affordable, vintage, fully updated charmer in desirable Old Southeast. Heated SF is public record. Total SF includes detached garage added to public record. Tenant occupied and showings are challenging.

127 17th Avenue S, St Petersburg

$399,000
3 Beds 2 Baths Colfax City SubDv. 33713 Zip Code
Income-producing duplex generating $3,250 per month ($39,000 annually) located in the heart of St. Petersburg. This fully rented property offers a great opportunity for investors looking to expand their rental portfolio with a stabilized income-producing asset in one of the area’s strongest rental markets. The upstairs unit features a spacious 2-bedroom, 1-bathroom layout that has been updated with a new A/C unit, new range, new tub liner, and fresh interior paint, creating a clean and comfortable living space. One of the standout features of the upstairs unit is the pull-down attic staircase that leads to additional air-conditioned bonus storage space with finished flooring and trim. This versatile area has been used by the current owners for additional sleeping space or storage, offering functionality that is rarely found in properties of this size. The downstairs unit has been professionally storm remediated and updated with new drywall, fresh interior paint, a new toilet, and a sump pump installation, providing peace of mind for future ownership. Several major capital improvements have already been completed, including a brand-new roof (2025), new water line installed from the curb stop, patched and repainted exterior, and a termite bait system for preventative protection. The property also features a newer exterior washer and dryer installed in 2024 for tenant convenience. Situated on a fully fenced lot, this property is centrally located with easy access to Downtown St. Petersburg, major roadways, shopping, dining, and entertainment, and is approximately 20 minutes from St. Pete Beach. With solid rental income, recent improvements, and a prime central location, this property presents an excellent opportunity for investors seeking a turnkey income-producing property with long-term potential in the growing St. Petersburg market.

2650 25th Avenue N, St Petersburg

$457,000
4 Beds 4 Baths 33714 Zip Code
Hard-to-find turnkey cash-cow triplex in a peaceful, rapidly appreciating pocket of St. Pete. The owner’s early retirement offers you the rare chance to snatch up this well-maintained income-producing triplex for well below market value. Live in one of the three spacious units: one 2-bed/2-bath and two 1-bed/1-baths, and rent the others out for ample passive income. So what makes this place so special? 1) All units well maintained with absolutely no major issues. Cosmetic repairs recently made where needed. 2) Oversized .25 acres lot with plenty of space for parking. Large space between buildings with potential to add a 4th unit. 3). Long term tenants in place - two units on leases, one month to month. 4) High and dry elevated lot, unaffected by recent storms. Non-flood zone. 5) Quiet low-traffic street in a great location. Close to shopping, dining, schools, and entertainment. Just minutes from major highways and commuter routes, 10 minutes from downtown St. Pete, and seconds from the beautiful Sawgrass Lake Park, featuring walking trails, elevated boardwalks, wildlife viewing, and more. Investor notes: LTR: 3,100 / mo current, 3,500 - 3,700 potential w/o updates. Very little nearby competition. Low-maintenance, income-producing, and no storm damage. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. MLS info sheet and disclosures available. No assignable contracts accepted.

5910 31st Street N, St Petersburg

$1,050,900
5 Beds 6 Baths Wildwood Sub SubDv. 33712 Zip Code
Motivated Sellers! HOME WARRANTIES included on the existing units and located in a NO FLOOD ZONE, this rare MULTIFAMILY INVESTMENT PROPERTY in ST. PETERSBURG, FLORIDA offers the perfect combination of IMMEDIATE CASH FLOW and APPROVED DEVELOPMENT OPPORTUNITY. Situated on approximately 3.5 CORNER LOTS, this unique property includes FOUR FULLY OCCUPIED RENTAL UNITS across three separate buildings, featuring a 3-BEDROOM, 2-BATH SINGLE-FAMILY HOME, a 2-BEDROOM, 2-BATH SINGLE-FAMILY HOME, and TWO REMODELED STUDIO APARTMENTS, all extensively updated in 2022 with NEW ROOFS, UPDATED KITCHENS, MODERN FLOORING, NEW DOORS, TRIM, PAINT, AND INTERIOR FINISHES, plus NEW LANDSCAPING completed in 2025. Also included is the parcel at 1416 28TH AVE S, where the previous five-unit building was professionally demolished with permits, including asbestos remediation, and the property has already been REZONED AND APPROVED FOR UP TO 13 RESIDENTIAL UNITS, allowing investors and developers to collect rental income while planning their next project. Located just minutes from DOWNTOWN ST. PETERSBURG, CENTRAL AVENUE, the WAREHOUSE ARTS DISTRICT, the TROPICANA FIELD REDEVELOPMENT, I-275, and the GULF BEACHES, this property is surrounded by NEW CONSTRUCTION, thriving businesses, and one of the area's strongest RENTAL MARKETS. Whether you're searching for a MULTIFAMILY PROPERTY, INCOME-PRODUCING INVESTMENT, REDEVELOPMENT OPPORTUNITY, VALUE-ADD PROJECT, or a COMMERCIAL RESIDENTIAL DEVELOPMENT SITE, this exceptional offering delivers STRONG CASH FLOW, LONG-TERM APPRECIATION, and outstanding upside in one of ST. PETERSBURG'S FASTEST-GROWING LOCATIONS.

2722 14th Avenue S, St Petersburg

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