Basic Information

  • MLS # TB8560486
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex ARCADIA SUB
  • Year Built 1915
  • Total Sqft 2,770
  • Date Listed 10/22/2026
  • Days on Market 0
Description

OPEN HOUSE THIS WEEKEND! SATURDAY, OCTOBER 24TH, 2-4PM & SUNDAY, OCTOBER 25TH, 11AM-1PM! JUST LISTED AT $809,900 + UP TO $10,000 IN SELLER-PAID BUYER CLOSING COSTS OR INTEREST-RATE BUYDOWN! LIMITED-TIME INCENTIVE FOR CLOSINGS THROUGH DECEMBER 2026! FOUR UNITS. TWO DETACHED BUILDINGS. OVERSIZED TWO-CAR GARAGE. ONE INCREDIBLE OPPORTUNITY! Welcome to 4601 Dr. Martin Luther King Jr St N, a rare FOURPLEX investment opportunity situated on a spacious CORNER LOT near the desirable Allendale Terrace neighborhood and just minutes from Downtown St. Petersburg! Why settle for one income stream when you could have four? Featuring 6 bedrooms, 5 bathrooms, and approximately 3,645 SQ FT OF TOTAL GROSS BUILDING AREA across two separate buildings, this property offers an impressive combination of rental income potential, flexibility, and location. The layout includes three 1-bedroom/1-bathroom units and one spacious 3-bedroom/2-bathroom unit, ideal for investors looking to expand their portfolio or buyers interested in living in one residence while renting the others. HERE'S WHERE THE OPPORTUNITY REALLY STANDS OUT: Approximately $86,100 IN POTENTIAL ANNUAL GROSS RENTAL INCOME, based on current, previous, and projected rents! Two units are currently rented, one is owner-occupied, and one is vacant, offering flexibility for the next owner. Beyond the income potential, the property sits on an oversized 11,561 sq ft corner lot and features an OVERSIZED TWO-CAR GARAGE OFFERING NEARLY 600 SQ FT OF SPACE, a standout feature providing valuable room for covered parking, storage, and more! The front building features a 2018 roof, while the rear building has a 2024 roof. ocation is another major advantage! Situated alongside the charming Allendale Terrace neighborhood, you're conveniently close to Downtown St. Pete, local restaurants, shopping, entertainment, and everything that makes this area such a desirable place to live and invest. Whether you're searching for a cash-flow opportunity, a potential 1031 exchange investment, or a house-hacking property where rental income can help offset your mortgage, this fourplex delivers the versatility investors and homeowners are looking for. FOUR UNITS. PRIME ST. PETE LOCATION. STRONG INCOME POTENTIAL. Opportunities like this deserve a closer look. Schedule your private showing today! Seller incentive of up to $10,000 toward allowable buyer closing costs or interest-rate buydown is subject to mutually agreed terms and lender approval.

Exterior Features

  • Waterfront No
  • Parking Spaces 2
  • Pool No
  • Construction Type Concrete,Vinyl Siding,Frame
  • Parking Description
  • Exterior Features Private Yard
  • Roof Description Shingle
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,770Sq.Ft
  • Cooling Description Central Air,Wall/Window Unit(s)
  • Equipment Appliances Dryer, Electric Water Heater, Microwave, Range, Washer
  • Floor Description Luxury Vinyl
  • Heating Description Central,Electric,Ductless
  • Interior Features Ceiling Fans(s),Primary Bedroom Main Floor
  • Sqft 2,770Sq.Ft

Property Features

  • Address 4601 Dr Martin Luther King Jr St
  • Aprox. Lot Size 11,561
  • Attached Garage 1
  • City St Petersburg
  • Construction Materials Concrete,Vinyl Siding,Frame
  • County Pinellas
  • Furnished Info no
  • Garage 2
  • Levels Multi/Split
  • Listing Terms Cash,Conventional,FHA,VA Loan
  • Lot Features Corner Lot
  • Pets Allowed Cats OK,Dogs OK,Yes
  • Public Survey Section Multi/Split
  • Roof Shingle
  • Sewer Description Public Sewer
  • HOA Fees $0
  • Subdivision Complex 4601 Dr Martin Luther King Jr
  • Subdivision Info ARCADIA SUB
  • Tax Amount $9,410
  • Tax Legal desc ARCADIA SUB BLK G, LOTS 5 AND 6
  • Tax Year 2025
  • Terms Considered Cash,Conventional,FHA,VA Loan
  • Type of Property Quadruplex
  • Water Source Public

4601 Dr Martin Luther King Jr St

St Petersburg, FL 33703

Similar Properties ForSale

    The multiple listing information is provided by the ® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 -present ®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of : DALTON WADE INC

    Real Estate IDX Powered by: TREMGROUP