6116 10TH STREET E
Bradenton, FL 34203
$490,000
INVESTOR OPPORTUNITY • $4,515 MONTHLY RENTAL INCOME • UPDATED DUPLEX • NEW ROOF 2022 • CLOSE TO THE 1% RULE!
Looking for an income-producing property that makes financial sense? This updated Bradenton duplex offers an attractive opportunity for investors seeking immediate cash flow, established tenants, and long-term investment potential. Offered at $490,000 and currently generating $4,515 per month in rental income ($54,180 annually), this property comes remarkably close to the popular 1% rule—an increasingly challenging benchmark for investors seeking income-producing real estate.
Both units are currently occupied by long-term tenants who would love to stay, offering the new owner the opportunity to step into an established rental property with income already in place.
EACH UNIT FEATURES 3 BEDROOMS, 2 FULL BATHROOMS, AN INSIDE LAUNDRY ROOM, AND A DESIRABLE SPLIT-BEDROOM FLOOR PLAN. Both sides have been updated, making the property attractive to tenants while helping minimize the need for immediate improvements. A NEW ROOF INSTALLED IN 2022 adds even more value and peace of mind.
For the numbers-driven investor, this property offers a gross rental yield of approximately 11.1% at the asking price, before operating expenses. With two income-producing units, established tenants, and major improvements already completed, this duplex deserves serious consideration for any investment portfolio.
And the possibilities don't stop there! For buyers looking to combine homeownership with rental income, this property offers an excellent HOUSE-HACKING OPPORTUNITY. Subject to existing lease terms, live in one unit while renting the other to help offset your mortgage ...
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Listing Courtesy of: FINE PROPERTIES
941-782-0000
| Listing Id: | A4709675 |
|---|---|
| List Price: | $490,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 4 |
| Living Area: | 1,992 |
| Tax Annual Amount: | $5,677 |
| Lot Size Square Feet: | 9,714 |
| Lot Size Acres: | 0.22 |
| Waterfront?: | No |
| City: | Bradenton |
| County Or Parish: | Manatee |
| Subdivision Name: | Cayman Too |
| Postal Code: | 34203 |
| Year Built: | 1979 |
| Appliances: | Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator |
| Bathrooms Total Integer: | 4 |
| Building Area Source: | Public Records |
| Building Area Total: | 1992 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Block |
| Cooling: | Central Air |
| Directions: | From 63rd St (Saunders Rd) turn North onto 12th St E then West onto 61st Ave Ter E. Turn North onto 10th St E. Duplex is on the left on the corner with 61st Ave E and 10th St E. |
| Elementary School: | Blanche H. Daughtrey Elementary |
| Exterior Features: | Fence |
| Flooring: | Luxury Vinyl |
| Furnished: | Unfurnished |
| Community Features: | Street Lights |
| Gross Income: | $54,180 |
| Heating: | Central |
| High School: | Bayshore High |
| Interior Features: | Eat-in Kitchen, Primary Bedroom Main Floor, Thermostat |
| Laundry Features: | Inside |
| Lease Term: | Twelve Months |
| Listing Contract Date: | 2026-10-09 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.22 |
| Postal Code Plus4: | 7764 |
| Middle Or Junior School: | W.D. Sugg Middle |
| MLS Area Major: | 34203 - Bradenton/Braden River/Lakewood Rch |
| MLS Area Major: | 34203 - Bradenton/Braden River/Lakewood Rch |
| Original List Price: | $490,000 |
| Parcel Number: | 6559811002 |
| Pets Allowed: | Yes |
| Township: | 35S |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Tenant Pays: | Electricity, Gas, Sewer, Trash Collection, Water |
| Total Actual Rent: | $4,515 |
| Utilities: | Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected |
| Water Source: | Public |
| Public Survey Range: | 17E |
| Public Survey Section: | 24 |
| Zoning: | RDD6 |
| Additional Lease Restrictions: | See Manatee County for lease restrictions |
| Additional Rooms: | Inside Utility |
| Alternate Key Folio Num: | 6559811002 |
| Annual Net Income: | 50000.00 |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 185.06 |
| Calculated List Price By Calcula: | 245.98 |
| Cddyn: | No |
| Flood Zone Code: | X |
| Flood Zone Date: | 2021-08-10 |
| Flood Zone Panel: | 12081C0316F |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 185.06 |
| Lot Size Square Meters: | 902 |
| Num Of Own Years Prior To Lse: | 0 |
| Pet Restrictions: | See Manatee County for any pet restrictions |
| Pet Size: | Extra Large (101+ Lbs.) |
| Realtor Info: | Currently Leased, Floor Plan Available, No Sign |
| Sdeo yn: | No |
| Sw Subdiv Community Name: | Cayman Too Subdivision |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 1 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Individually Metered: | Cable, Electric, Internet, Sewer, Trash, Water |
| Association 2 Yn: | 0 |
| Attribution Contact: | 941-782-0000 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Green Energy Generation Yn: | No |
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Property Last Updated: October 16, 2026 04:57 AM - ET
