1139 40TH STREET S,St Petersburg,Pinellas,FL, 33711, Residential Income, 4, 4, fb45645bfb1c43ffbe57a09699f11ff3, TB8556986,1139 or 40TH

$399,900
1139 40TH STREET S, ST PETERSBURG, PAINES SUB
Active

Overview

  • Updated On:
  • October 16, 2026
  • 4 Bedrooms
  • 1,760 ft2

Description

Investors, take note: this fully occupied fourplex offers dependable cash flow from day one. The property consists of two identical duplex buildings, each with two 1-bedroom units, for four identical units in total. The matching floor plans make maintenance, turnovers, and rent comparisons simple.

All four units are leased, and three of the four tenants are long-term residents, giving you an established rent roll and low turnover. Each unit has its own separately metered power and water, so tenants pay their own utilities and your operating costs stay down.

A separate outbuilding adds flexibility. Use it as storage, or convert it into an on-site laundry facility for an additional income stream. Four dedicated off-street parking spaces, plus ample street parking, add convenience for residents.

Whether you’re expanding your portfolio or buying your first multifamily property, 1139 40th St S combines steady occupancy, efficient operations, and room to add value. Schedule your showing today. Please do not disturb tenants.

Address: 1139 40TH STREET S
State/County:
Zip: 33711
Country: United States

Property Id: 101247488
Price: $399,900
Property Size: 1,760 ft2
Property Lot Size: 0 ft2
Bedrooms: 4
Building Area Total: 2000
Common Walls: End Unit
Construction Materials: Wood Frame
Contract Status Change Date: 2026-10-15
Cooling: Wall/Window Unit(s)
Directions: 34th St (US 19) to 5th Ave S. West on 5th Ave S to 40th St S. Left on 40th st S to address. Property is on the corner of 40th St S and 12th Ave S
Flooring: Ceramic Tile
FoundationDetails: Slab
Furnished: Unfurnished
Heating: Baseboard, Wall Units / Window Unit
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: None
LeaseTerm: 12 Months
Levels: One
ListAOR: Suncoast Tampa
ListAgentAOR: Suncoast Tampa
ListAgentEmail: Chipspencericr@gmail.com
ListAgentFullName: George Spencer
ListAgentKey: 3658fa6ef27012c9dbe3c2d1e6c7a46b
ListAgentMlsId: 261532566
ListAgentPreferredPhone: 727-481-3517
ListOfficeKey: 5ebae1f499e43bb1818c374c5d2370c0
ListOfficeMlsId: 260063326
ListOfficeName: SPENCERS PLUS REALTY LLC
ListOfficePhone: 727-481-3517
ListingContractDate: 2026-10-10
ListingId: TB8556986
ListingKeyNumeric: 813785604
ListingTerms: Cash, Conventional
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: City Lot
LotSizeArea: 9200
LotSizeSquareFeet: 9200
LotSizeUnits: Square Feet
MLSAreaMajor: 33711 - St Pete/Gulfport
MlsStatus: Active
ModificationTimestamp: 2026-10-16T05:46:36.520Z
NumberOfBuildings: 2
OnMarketDate: 2026-10-15
OriginalEntryTimestamp: 2026-10-16T00:55:31.963Z
OriginalListPrice: 399900
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
OtherStructures: Storage
Ownership: Fee Simple
ParcelNumber: 273116653400010010
ParkingFeatures: Common, Off Street, On Street, Open, Parking Pad
PatioAndPorchFeatures: Covered, Enclosed, Screened
PhotosChangeTimestamp: 2026-10-16T01:00:29.916Z
PhotosCount: 19
PostalCodePlus4: 2512
RoadSurfaceType: Asphalt
Roof: Shingle
STELLAR_AlternateKeyFolioNum: 31-16-27-65340-001-0010
STELLAR_AnnualNetIncome: 29514.01
STELLAR_CalculatedListPriceByCalculatedSqFt: 227.22
STELLAR_CensusTract: 208.00
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 399900
STELLAR_FloodZoneCode: X
STELLAR_FloodZoneDate: 2021-08-24
STELLAR_FloodZonePanel: 12103C0214H
STELLAR_ListOfficeContactPreferred: 727-481-3517
STELLAR_ListOfficeHeadOfficeKeyNumeric: 792258970
STELLAR_ListSource: RETSUpdate
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: New Listing
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Apartments.com, International MLS, Realtor.com, Zillow Rental, SkySlope Offers, Crexi
Sewer: Public Sewer
SourceSystemKey: 813785604
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-10-16T00:55:31.963Z
StreetDirSuffix: S
StreetName: 40TH
StreetNumber: 1139
StreetNumberNumeric: 1139
StreetSuffix: STREET
TaxAnnualAmount: 5116
TaxBlock: A
TaxBookNumber: 8-24
TaxLegalDescription: PAINE'S SUB BLK A, LOTS 1 AND 2
TaxLot: 1
TaxYear: 2025
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
WaterSource: Public
YearBuilt: 1959

Other Features
Ceiling Fan(s)
Has Cooling System
Has Heating System
Living Room/Dining Room Combo
Open Parking
Other
Outbuilding
Private Entrance
Private Mailbox
Range
Refrigerator

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$2,050.37
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,550.49

Contact Me

Schedule a showing?

Fri 13 Nov
Sat 14 Nov
Sun 15 Nov
Mon 16 Nov
Tue 17 Nov
Wed 18 Nov
Thu 19 Nov
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Sat 21 Nov
Sun 22 Nov
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