1318 E Louise Avenue, TAMPA, FL

$338,000

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4

Beds

3

Baths

1,609

Square feet

0.12

Acres

About 1318 E Louise Avenue

Under contract-accepting backup offers. 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!

Features of 1318 E Louise Avenue

MLS® # TB8425374
Price $338,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 1,609
Acres 0.12
Year Built 1925
Type Residential
Sub-Type Single Family Residence
Status Pending

Community Information

Address 1318 E Louise Avenue
Area Tampa / Seminole Heights
Subdivision FAIRFIELD SUB
City TAMPA
County Hillsborough
State FL
Zip Code 33603-5120

Amenities

Parking Driveway
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Open Floorplan
Appliances Cooktop, Dryer, Refrigerator, Washer
Heating Central
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Exterior Features Other
Roof Shingle
Foundation Crawlspace

Additional Information

Date Listed September 9th, 2025
Days on Market 25
Zoning RS-50
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTatum Peterson
OfficeMCBRIDE KELLY & ASSOCIATES

Listing Map

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