1318 E LOUISE AVE Tampa, FL 33603

Prime Opportunity in Tampa's Ybor Heights!

This updated property features a spacious 3-bedroom, 2-bath main home plus a detached 1-bedroom, 1-bath casita, offering outstanding flexibility and income potential. The casita currently rents for $1,505/month, while the main home has consistently brought in $2,400/month, delivering a proven 10% CAP rate—a rare find in today's market.

The main home offers over 1,200 sq. ft. with vinyl flooring throughout, an open-concept layout, a large laundry room with exterior access, and two full baths including a newly renovated bathroom (2025). Major updates include a brand-new roof with hurricane clips (2025), updated HVAC (2022), and updated plumbing, giving buyers peace of mind for years to come. The detached casita comes with its own private entrance and a brand-new mini-split system (2024), making it perfect for rental income, guests, or multigenerational living.

Enjoy outdoor living with a welcoming front porch, fenced yard, additional storage shed, and ample parking. Situated in Ybor Heights, you're just minutes from Seminole Heights, Ybor City, Downtown Tampa, Armature Works, and major highways.

Whether you're a seasoned investor, first-time buyer looking to house hack, or a multi-generational household, this property offers unmatched value and income potential. Schedule your showing today before it's gone!