Tampa › Mac Farlane Park

3001 W Chestnut St

Tampa, FL 33607
$575,000
6 bed3 bath2,970 sqftSingle-family home · built 1930

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 79% of single-family homes sold in Mac Farlane Park
48 single-family home sales · Feb 2024 - Oct 2026
Price
The seller has not permitted automated price comparisons
Standout feature
No standout feature to report
Age
Newer than 3% of single-family homes in Mac Farlane Park
77 homes · Oct 2023 - Oct 2026

About this property

Investor opportunity in West Tampa. This 7-bedroom, 3-bath single-family home offers approximately 2,970 square feet and is currently operated as a by-the-bed rental property.

The property is presently generating approximately $4,200 per month in gross rental income, with 4 additional beds currently vacant, for a total of 10 beds under the current setup. Based on the existing rental structure, the vacant beds provide the potential for approximately $1,500 per month in additional gross income, bringing potential gross rental income to approximately $5,700 per month, or $68,400 annually. Current utility expenses average approximately $800 per month.

The high-bedroom-count layout provides an established income-producing setup with additional occupancy upside for an investor looking to expand existing cash flow. Conveniently located in West Tampa with access to I-275, Downtown Tampa, Tampa International Airport, the Westshore business district, shopping, dining and major employment centers.

Property details

Year built1930
Lot size0.14 ac
HOANot stated
Days on market11
MLS#TB8551830
Rain guttersCeiling fansMicrowaveRangeRefrigeratorCentral air conditioning
All features →
  • Rain gutters
  • Ceiling fans
  • Microwave
  • Range
  • Refrigerator
  • Central air conditioning
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Vinyl siding construction
  • Multi/split levels
  • Laundry in kitchen
  • Electricity connected
  • Sewer connected
  • Water connected

The market for homes like this

Single-family homes in ZIP 33607 · all sizes
Too few 5+-bedroom single-family home sales here to report on their own, so these cover every single-family home in Tampa.i
Median sold price$440,000204 sales · last 12 months
Median price per sq ft$300204 sales · last 12 months
Median rent$2,675/mo132 leases · last 12 months
Median days to lease44132 leases · last 12 months

Tampa, as its listings describe it

What agents stated on listings, 2002 – 2026i
Community pool62%of 4,071 listings
HOA fee, median$445/moof 2,239 listings
Has an association37%of 8,997 listings
Pets allowed84%of 10,806 listings
Minimum lease, most commonNo Minimum55% of 5,916 listings · next: 1–2 Years
Lease restrictions36%of 5,926 listings
Association approval required42%of 3,588 listings
Private pool12%of 13,853 listings
Gated42%of 4,071 listings
Public water · sewer98% · 98%of 7,275 · 7,574 listings
Flood zone (A or V)25%of 7,478 listings
55+ communityNo99% of 9,026 listings · next: Yes
Homestead share Mac Farlane Park66%of 316 homes · county tax roll
Also stated: waterfront 5% of 9,297 listings; CDD 8% of 6,500.

Price and time on market

This listing against homes like iti
Price per sq ft
The seller has not permitted automated price comparisons
Time on market
The seller has not permitted automated comparisons
Price history
Listed at $575,000 since Oct. 2, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$8,091 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $8,000/yr homesteaded, $8,900/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$166/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$79/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Tampa

City of Tampa · Hillsborough County · ZIP 33607 · Flood zone X
Explore Tampa →
Homes114,673residential parcels
Median sold price$460,0005,038 sales · last 12 months
Vs. the prior year+1.1%5,038 sales this year · 4,894 sales the prior year
Median rent$2,450/mo2,886 leases · last 12 months
Homes that changed hands4%5,038 sales of 114,673 homes
Homestead share63%of 114,673 homes · county tax roll
Single-family homes in Tampa, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months3,639$465,800$2,700/mo1,300 leases
2 bed423$300,000$1,900/mo196 leases
3 bed1,683$399,999$2,563/mo692 leases
4 bed1,069$650,000$3,200/mo328 leases
5+ bed · this home464$1,537,500$3,997/mo84 leases
All single-family homes · 24 months7,279$465,000$2,697/mo2,480 leases
Median price

Tampa homes sold for a median of $460,000 in the 12 months to Oct. 11, 2026.

5,038 sales
Price trend

That's 1.1% above the median for the 12 months before, $455,000.

5,038 sales this year · 4,894 sales the prior year
What's selling

Single-family detached homes made up 3,639 of the 5,038 sales in the same 12 months, at a median of $465,800.

3,639 of 5,038 sales
Not yet available here: owner-occupancy.The Tampa record: homes, prices, rents, communities and listings →

Location

3001 W CHESTNUT ST, TAMPA, FL 33607

Nearby homes for sale in Tampa

Based on information from Stellar MLS® for the period September 16, 2002 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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