Active
3203 E 38TH Ave, Tampa, FL 33610
MLS TB8566777
$339,000
Est. $1,824/mo principal and interest at the 7.11% Freddie Mac PMMS national 30-year average as of Nov 12, 2026, with 20% down
Estimate only. Not a loan offer, rate quote or approval. Any loan approval is conditional until all underwriting conditions are met.
3 bd · 2.0 ba · 1,434 sqft · Single Family Residence
About this home
INVESTMENT OPPORTUNITY! INCOME-PRODUCING PROPERTY WITH ESTABLISHED RENTAL INCOME! Discover an exceptional opportunity to own a beautifully renovated, income-producing property in a rapidly gentrifying neighborhood. Whether you're an experienced real estate investor or looking to purchase your first investment property, this unique 4-bedroom, 2-bath home offers an attractive combination of existing rental income, modern upgrades, and long-term investment potential. ALREADY GENERATING $3,750 IN POTENTIAL MONTHLY RENTAL INCOME! Currently configured and operating as a fully-furnished rooming house, this property offers investors an opportunity to step into an established rental operation. Each of the three larger bedrooms generates $1,000 per month, while the smallest bedroom is being marketed at $750 per month and is expected to be occupied soon. With all four rooms occupied at the advertised rates, the property has the potential to generate $3,750 per month, or $45,000 annually, in gross rental income. The current residents have taken exceptional care of the property, keeping the renovations, upgrades, and interior finishes in mint condition. Unlike typical cookie-cutter properties, this home offers distinctive character, vintage architectural details, and thoughtfully selected modern upgrades. The spacious floor plan features four bedrooms, including a primary bedroom with a large walk-in closet, two full bathrooms, a dedicated den, and a separate laundry room with additional storage. The property also features a covered carport and sits on an expansive lot with a large yard surrounding the home. Outdoor amenities include a custom-built table and the beginnings of an outdoor kitchen, creating additional opportunities to enhance the property's appeal and functionality. PROPERTY FEATURES & MAJOR UPDATES: • Four bedrooms currently configured for individual room rentals. • Three bedrooms producing $1,000/month each. • Smallest bedroom marketed at $750/month,
Key facts
- Type
- Single Family Residence
- Size
- 1,434 sqft
- Bedrooms
- 3
- Bathrooms
- 2.0
- Avg. price per sqft
- $236
- County
- Hillsborough
- MLS number
- TB8566777
- Status
- Active
- Property address
- 3203 E 38TH Ave, Tampa, FL 33610
Where is this home?
Common questions
How much is 3203 E 38TH Ave, Tampa, FL 33610 listed for?
3203 E 38TH Ave, Tampa, FL 33610 in Tampa, FL is listed at $339,000 (about $1,824/mo principal and interest at the 7.11% Freddie Mac PMMS national 30-year average as of Nov 12, 2026, with 20% down. Estimate only. Not a loan offer, rate quote or approval. Any loan approval is conditional until all underwriting conditions are met.)
How many bedrooms and bathrooms does 3203 E 38TH Ave, Tampa, FL 33610 have?
3203 E 38TH Ave, Tampa, FL 33610 has 3 bedrooms, 2.0 bathrooms, and 1,434 square feet.
Who can show 3203 E 38TH Ave, Tampa, FL 33610 in Tampa?
Jonathan Loescher is a Tampa Bay Realtor and Mortgage Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
How do I book a consultation with Jonathan Loescher?
Book a buying, selling, or financing consultation at jonathanloescher.com/book, or call (727) 729-2961.
Where does Jonathan Loescher help buyers and sellers?
Jonathan works across Tampa Bay, including Pinellas, Hillsborough, Pasco, Hernando, Manatee, and Sarasota counties. His office is at 29399 US Highway 19 Suite 150, Clearwater, FL 33761.
Listing photos remain with the listing broker and photographer. Not licensed for reuse from this site.