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4841 6th St - Multi-Family in Zephyrhills 5 Unit Apartment Building Offered at $824,218 CAD at a 9.66% Cap Rate Zephyrhills, FL 33542



Investment Highlights
- Concrete Block Construction on Duplexes
- 100% Occupied
- Long-term tenants in place
Executive Summary
Prime 5-Unit Income Property in Zephyrhills. Rare opportunity to acquire a 5-unit income property located in the heart of Zephyrhills, Florida, directly across from a city park. This well-positioned asset consists of two duplexes and one single-family residence, offering a desirable mix of unit types that appeals to long-term renters. The property is 100% occupied with stable, long-term tenants, providing immediate and consistent cash flow from day one. Tenants benefit from a walkable location, green space views, and proximity to downtown Zephyrhills, shopping, dining, schools, and major thoroughfares. This offering presents significant value-add potential, including rent optimization, operational efficiencies, and future improvements to further enhance returns. The park-front setting and central location also support strong long-term demand and appreciation.
Ideal for both seasoned investors and those seeking a solid addition to a growing rental portfolio, this property combines steady income, desirable location, and upside opportunity in one of Pasco County’s established rental markets.
Ideal for both seasoned investors and those seeking a solid addition to a growing rental portfolio, this property combines steady income, desirable location, and upside opportunity in one of Pasco County’s established rental markets.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$100,402
|
$21.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$100,402
|
$21.96
|
| Taxes |
$15,238
|
$3.33
|
| Operating Expenses |
$5,541
|
$1.21
|
| Total Expenses |
$20,779
|
$4.54
|
| Net Operating Income |
$79,624
|
$17.42
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $100,402 |
| Annual Per SF | $21.96 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $100,402 |
| Annual Per SF | $21.96 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,238 |
| Annual Per SF | $3.33 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,541 |
| Annual Per SF | $1.21 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $20,779 |
| Annual Per SF | $4.54 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $79,624 |
| Annual Per SF | $17.42 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Oven
- Tub/Shower
- Carpet
- Family Room
- Patio
- Porch
- Vinyl Flooring
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,763 CAD | 784 |
| 2+2 | 1 | $1,655 CAD | 984 |
1 1
Fairly walkable
50/100
Moderately drivable
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-26-21-0010-01500-0030 | Total Assessment | $622,241 CAD (2026) |
| Land Assessment | $47,384 CAD (2026) | Annual Taxes | $15,238 CAD ($3.33 CAD/SF) |
| Improvements Assessment | $574,857 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
14-26-21-0010-01500-0030
Land Assessment
$47,384 CAD (2026)
Improvements Assessment
$574,857 CAD (2026)
Total Assessment
$622,241 CAD (2026)
Annual Taxes
$15,238 CAD ($3.33 CAD/SF)
Tax Year
2025
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4841 6th St - Multi-Family in Zephyrhills
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