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4601 Dr Martin Luther King Jr Street N, St Petersburg
$809,900
6 Beds ⋅ 5 Baths ⋅ Arcadia Sub SubDv. ⋅ 33703 Zip Code
OPEN HOUSE THIS WEEKEND! SATURDAY, OCTOBER 24TH, 2-4PM & SUNDAY, OCTOBER 25TH, 11AM-1PM! JUST LISTED AT $809,900 + UP TO $10,000 IN SELLER-PAID BUYER CLOSING COSTS OR INTEREST-RATE BUYDOWN! LIMITED-TIME INCENTIVE FOR CLOSINGS THROUGH DECEMBER 2026! FOUR UNITS. TWO DETACHED BUILDINGS. OVERSIZED TWO-CAR GARAGE. ONE INCREDIBLE OPPORTUNITY! Welcome to 4601 Dr. Martin Luther King Jr St N, a rare FOURPLEX investment opportunity situated on a spacious CORNER LOT near the desirable Allendale Terrace neighborhood and just minutes from Downtown St. Petersburg! Why settle for one income stream when you could have four? Featuring 6 bedrooms, 5 bathrooms, and approximately 3,645 SQ FT OF TOTAL GROSS BUILDING AREA across two separate buildings, this property offers an impressive combination of rental income potential, flexibility, and location. The layout includes three 1-bedroom/1-bathroom units and one spacious 3-bedroom/2-bathroom unit, ideal for investors looking to expand their portfolio or buyers interested in living in one residence while renting the others. HERE'S WHERE THE OPPORTUNITY REALLY STANDS OUT: Approximately $86,100 IN POTENTIAL ANNUAL GROSS RENTAL INCOME, based on current, previous, and projected rents! Two units are currently rented, one is owner-occupied, and one is vacant, offering flexibility for the next owner. Beyond the income potential, the property sits on an oversized 11,561 sq ft corner lot and features an OVERSIZED TWO-CAR GARAGE OFFERING NEARLY 600 SQ FT OF SPACE, a standout feature providing valuable room for covered parking, storage, and more! The front building features a 2018 roof, while the rear building has a 2024 roof. ocation is another major advantage! Situated alongside the charming Allendale Terrace neighborhood, you're conveniently close to Downtown St. Pete, local restaurants, shopping, entertainment, and everything that makes this area such a desirable place to live and invest. Whether you're searching for a cash-flow opportunity, a potential 1031 exchange investment, or a house-hacking property where rental income can help offset your mortgage, this fourplex delivers the versatility investors and homeowners are looking for. FOUR UNITS. PRIME ST. PETE LOCATION. STRONG INCOME POTENTIAL. Opportunities like this deserve a closer look. Schedule your private showing today! Seller incentive of up to $10,000 toward allowable buyer closing costs or interest-rate buydown is subject to mutually agreed terms and lender approval.

4601 Dr Martin Luther King Jr Street N, St Petersburg
4939 Dr Martin Luther King Jr Street N, St Petersburg
$314,900
2 Beds ⋅ 1 Baths ⋅ Arcadia Sub SubDv. ⋅ 33703 Zip Code
Welcome to this beautifully maintained 2-bedroom, 1-bath home located in a non-flood zone, offering timeless character, major recent upgrades, and an unbeatable St. Petersburg location. Enjoy peace of mind with a brand-new roof (2025), completely upgraded electrical system with new panel box (2025), and numerous additional improvements that make this home an exceptional value for homeowners and investors alike. Step inside to discover beautiful hardwood floors that flow throughout the living spaces, creating warmth and character. The spacious living room is filled with natural light, while the kitchen features abundant wood cabinetry, generous counter space, a new oven (2025), refrigerator (2024), and plenty of room for everyday cooking and entertaining. Both bedrooms are comfortably sized with hardwood flooring, and the well-appointed bathroom completes the interior. Additional updates include a central HVAC system (2020), indoor air quality UV light purifier (2025), water heater (2019), and washer and dryer (2019), providing comfort and efficiency for years to come. Outside, enjoy a fully fenced backyard with plenty of room for pets, play, gardening, or entertaining. A detached storage shed provides additional space for lawn equipment and seasonal items, while the attached one-car garage with convenient alley access offers secure parking, laundry, and even more storage. Ideally located just minutes from Downtown St. Petersburg, I-275, shopping, dining, parks, and entertainment, this home offers outstanding convenience with easy access throughout Tampa Bay. Whether you're searching for your next primary residence or a fantastic investment opportunity, this well-maintained property combines classic charm, significant system upgrades, and an exceptional location. Schedule your private showing today!

4939 Dr Martin Luther King Jr Street N, St Petersburg

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