Prime Drew Park 6-Unit Multifamily Investment 4422 N Hale Ave 6 Unit Apartment Building $695,000 ($115,833/Unit) Tampa, FL 33614

Rare opportunity to acquire a six-unit multifamily property on an oversized 14,400 SF lot in Tampa’s highly desirable Drew Park area. The property is zoned IG (Industrial General), providing an additional land and zoning component to the investment beyond the existing rental income.
The property consists of six approximately 400 SF, one-bedroom/one-bath units with covered carports and concrete block construction. Current rents have remained largely unchanged for approximately 10 years, creating a compelling value-add opportunity for a new owner to renovate, reposition, and increase rental income.
Strategically located approximately one block from the proposed Tampa Bay Rays stadium development area and just two blocks from George M. Steinbrenner Field and Raymond James Stadium. The property also offers convenient access to Tampa International Airport, Westshore Business District, Midtown Tampa, and Downtown Tampa.
With six existing rental units, below-market rents, an oversized 14,400 SF IG-zoned lot, and a central Drew Park location, the property offers multiple avenues for potential value creation. Ideal for an investor seeking long-term rental income, a furnished or short-term rental strategy where permitted, and long-term appreciation.
A unique opportunity to acquire an income-producing property with significant land value in one of Tampa’s most strategically located and evolving neighborhoods.