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$950,000
Kinyons H H Add SubDv. ⋅ 33701 Zip Code
Rare concrete block fourplex in the heart of Historic Old Northeast — one of Downtown St. Petersburg's most walkable and coveted rental corridors. This 4-unit property features 3 one-bedroom/one-bath units plus a spacious 2BR/2BA, on-site parking for 4–6 vehicles, and screened porches — amenities that are genuinely scarce in this submarket. Built 1954, Flood Zone X (no mandatory flood insurance). Current rents are materially below market. Ideal for investors, owner-occupants, or house-hackers looking to live in one unit while tenants cover the mortgage. Steps to Beach Drive dining, The Pier, waterfront, and downtown employment. Limited supply of multi family, strong demand in the area. A downtown St. Pete fourplex with parking doesn't stay available long.

247 6th Avenue N, St Petersburg
$1,200,000
Kinyons H H Add SubDv. ⋅ 33701 Zip Code
One of Downtown St. Petersburg's rarest offerings — a historic 1925 six-unit apartment building situated steps from Historic Old Northeast in Flood Zone X. The two-story wood-frame building features 5 one-bedroom/one-bath units plus an efficiency, individually metered electric, and a 2021 roof replacement already complete. Current rents are significantly below the appraiser's concluded value and represent significant income upside with rent stabilization in gross annual potential. Grandfathered 6-unit use under NT-2 zoning protects the income-producing asset in a neighborhood where comparable new supply simply cannot be built. Value-add investors will appreciate the vacancy/rent-up story, the density efficiency, and a location that commands premium tenants with minimal concessions. A genuine value-add play in a submarket that rarely offers one. Dont miss out on the investment opportunity. Contact the listing agent for a duel portfolio marketing plan for this and 247 6th ave n.

255 6th Avenue N, St Petersburg