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ActiveNew · today
$399,900
1139 40TH ST SST PETERSBURG, FL 33711PAINES SUB · Quadruplex
4Beds
4Baths
1,760Sq ft
0.21 acLot
1959Built
About this home
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 fl…
Description as provided by the listing brokerage.
Highlights
- Outbuildings
- Other
- Private Entrance
- Private Mailbox
- Ceiling Fans(s)
- Shingle
- Ceramic Tile
The details
StatusActive
MLS #MFRTB8556986
Property typeQuadruplex
Year built1959
Lot size0.21 ac
Living area1,760 sq ft
Price per sq ft$227
CDDNo
Taxes$5,116 (2025)
StoriesOne
Days on market1
CountyPinellas
Flood zoneX (verify)
ListedOct 9, 2026
Features & property details
Interior
FlooringCeramic Tile
AppliancesRange, Refrigerator
Interior featuresCeiling Fans(s), Living Room/Dining Room Combo, Other
LaundryNone
FireplaceNo
CoolingWall/Window Unit(s)
HeatingBaseboard, Ductless
Exterior & lot
Exterior featuresOutbuildings, Other, Private Entrance, Private Mailbox
Patio & porchCovered, Enclosed, Screened
Lot featuresCity Limits
Other structuresStorage
Road surfaceAsphalt
Construction
ConstructionFrame
FoundationSlab
RoofShingle
Living area sourcePublic Records
Building area (sq ft)2,000
Parking
GarageNo
CarportNo
Carport spaces0
Parking featuresCommon, Off Street, On Street, Open, Parking Pad
Pool & water
Waterfront feet0
Community & HOA
Total monthly fees$0
Total annual fees$0
55+ communityNo
Utilities & efficiency
UtilitiesElectricity Connected, Public, Sewer Connected, Water Connected
SewerPublic Sewer
Water sourcePublic
Financial & terms
CDD0
Tax year2,025
Listing termsCash, Conventional
OwnershipFee Simple
Special conditionsNone
OccupantTenant
MLS area33711 - St Pete/Gulfport
Where it sits
Approximate location shown. Exact address available on request per listing brokerage.
More like this
Stellar MLSMLS# MFRTB8556986Listing courtesy of SPENCERS PLUS REALTY LLCLast updated Oct 16, 2026, 6:51 AM