2801 W Cleveland St, Tampa, FL

About this home

*Being sold along with neighboring corner-lot property, 114 S Bungalow Park Ave* Attention Developers, Investors, and Savvy Owner Occupants: Rare opportunity to acquire a multifamily-zoned parcel with an existing duplex in one of South Tampa's most centrally located and fastest growing corridors, just minutes from Hyde Park, Midtown, and Downtown Tampa. The owner's retirement presents a unique chance to secure a 6,150 sq ft (0.14 acre) RM-16 lot with significant value-add and redevelopment potential in a proven townhome corridor. So what makes this one so special? 1) Existing side-by-side duplex totaling 1,002 heated sq ft, with two 1 bed / 1 bath units. 2) The units require renovation and TLC. Latest improvements from recent years include plumbing completely redone in 2024 and a roof less than 5 years old. A/C is provided via wall units. 3) Large yard / lot footprint at 6,150 sq, enhancing future tenant appeal and providing additional flexibility for future design and redevelopment. 4) Development upside: RM-16 zoning supports multifamily redevelopment. Based on lot size and location, strong potential for future townhome development. 5) Corner lot positioning, enhancing access, design flexibility, and end-product desirability. 6) Prime South Tampa location, located within the highly sought-after Mitchell-Wilson-Plant school district and minutes from Hyde Park Village, Midtown, Downtown Tampa, and Howard Ave. Easy access to I-275, Tampa International Airport, and the University of Tampa. Additional opportunity: Seller is also offering the neighboring parcel at 114 S Bungalow Park Ave. Purchase both properties together for a combined 12,300 sq ft of land and 5 total units, maximizing development scale, layout flexibility, and long-term upside. Whether you're looking to renovate and reposition for long-term cash flow, or redevelop into a high-end product, opportunities like this in core South Tampa are increasingly rare. Easy to show. No HOA/CDD. Arborist Reports, MLS info sheets and property disclosures available. No assignable contracts accepted.

Property details

Price

$425,000

Bedrooms

2

Bathrooms

2

Interior

1,002 sqft

Price / sqft

$424

Year built

1951

Lot size

6,098 sqft

Type

Multi-Family

Days on market

1

Est. property tax

$3,655/yr · $305/mo · 0.86% FL avg

Estimated monthly payment

Price history

1. Apr 24, 2026$425,000Initial list price
2. Dec 1, 1987$46,500Sold

Location

This home is located in Tampa, FL, in the Tampa Bay area. Browse more Tampa listings on the Tampa market page or explore the full Tampa market report.

Neighborhood (zip 33609)

Median age is 39.0; 35% hold a bachelor's degree; 63% of homes are owner-occupied; median household income is $105,761.

Median income

$105,761

Median age

39.0

Owner-occupied

63.3%

Bachelor's degree

34.8%

Census median home value

$477,600

Source: US Census Bureau American Community Survey 5-year estimates.

Similar homes in Tampa

• 

  $210,000

  4316 Bayside Village Dr Apt 302

  2 bd · 2 ba · 1,140 sqft

• 

  $385,000

  8514 N Mitchell Ave

  4 bd · 3 ba · 1,408 sqft

• 

  $390,000

  7003 N Howard Ave

  3 bd · 3 ba · 1,194 sqft

• 

  $429,000

  4734 Ridge Point Dr

  4 bd · 2 ba · 2,080 sqft

• 

  $397,000

  4907 Bradford Ln

  3 bd · 2 ba · 1,039 sqft

• 

  $1,100,000

  9642 Gretna Green Dr

  4 bd · 3 ba · 2,714 sqft

• 

  $2,337,000

  5713 Bowen Daniel Dr Unit 1204

  3 bd · 4 ba · 2,411 sqft

• 

  $115,000,000

  12321 Fort King Hwy

  9 bd · 26 ba · 36,361 sqft

Browse 8+ nearby homes on the map

See 8 more Tampa homes on the map

Open map →