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$1,500,000
404626 MLS
Turnkey investment opportunity steps from FSU! This newer constructed duplex-style property at 601/605 Pope Street offers two identical 4-bedroom, 4-bathroom units built with student rental income in mind. Rooms have leased at $750/month each, putting total gross rental potential around $6,000/month ($12,000) across both units and offer a walk-to-campus location. Each unit features an open-concept living and kitchen area, modern finishes, and a full appliance package including an in-unit washer/dryer and eating bar. Every bedroom offers a private bathroom, the exact layout investors look for to support by-the-bedroom leasing and reduce roommate turnover. Designated parking and a new privacy fence complete the exterior.

601 Pope Street Unit 1 & 2 (605 Pope St), Tallahassee

$779,900
404425 MLS
Exceptional new-construction duplex offering luxury finishes, strong rental income and outstanding future flexibility. 226 E Bradford Road features two spacious residences, each offering approximately 1,700 square feet with 3 bedrooms and 2.5 baths. The property can be purchased together as one duplex, making it an excellent option for an investor or an owner-occupant who wants to live in one side and lease the other for $2,500 per month. Each residence was built with a level of quality rarely found in traditional multifamily construction, including 10-foot ceilings, 8-foot doors, granite throughout, oversized walk-in pantries, spray-foam insulation and upscale finishes throughout. The property was also constructed to applicable standards intended to accommodate future condominium conversion and separate ownership, including enhanced fire separation above and beyond typical firewall requirements between the units, providing an additional layer of separation and flexibility. Both residences currently command $2,500 per month in rent, creating combined gross rental income of $5,000 per month / $60,000 annually when both sides are leased. For investors, the property offers multiple potential strategies: hold both residences as rentals, occupy one while collecting income from the other, or potentially pursue individual ownership and resale in the future subject to completion of the required condominium documents, approvals and recording. When valued individually, the two residences previously appraised at approximately $439,000 EACH — approximately $878,000 combined. Two luxury residences. $60,000 in annual gross rental income. Live in one and rent the other, lease both, or explore future individual ownership. A truly unique multifamily opportunity.

226 E Bradford Road Unit A & B, Tallahassee

$579,900
404426 MLS
100% OCCUPIED FOUR-UNIT INVESTMENT OPPORTUNITY! 202 E Bradford Road offers immediate, in-place rental income with all four units currently leased and generating $4,100 per month / $49,200 annually in gross rental income. With four separate income-producing units under one ownership, this property is an excellent opportunity for an investor looking to add a fully occupied multifamily asset to their portfolio. The four-unit configuration provides multiple rental income streams and reduces reliance on a single tenant. Also offers future flexibility for an owner-occupant who may choose to live in one unit while collecting rent from the remaining three as leases turn over. Convenient Tallahassee location near shopping, dining, employment, universities and downtown. Four units. 100% occupied. $49,200 in current annual rental income. Income from day one.

202 E Bradford Road Unit 1-4, Tallahassee

$550,000
404160 MLS
Fabulous quadruplex in Whispering Woods off Blairtstone Road between St. Augustine Road and Orange Ave. In great condition. All four apartments (2/1s) updated in 2022-2023. These show photos with new renovations in 2022-2023. Apartments are fully occupied and stable at the current time. Roof- 2022. Newer kitchen appliances, washers/dryers. Some new/newer HVACs and water heaters. About .22 acre lot. Stable tenants with leases with renewals coming up. Gross income currently at $4875/month ($58,500/annual). HOA provides garbage dumpster, general lawncare, road/parking maintenance, other. Road/parking lots repaved in approx. 2024. Dues are $540/quarterly. Managed by Executive Management, Kayla McKee @850.878.34134. PLEASE DO NOT CONTACT TENANTS OR GO TO THEIR DOORS. WILL NEGOTIATE CONTRACT WITH A CONTINGENCY TO SHOW AFTER THE CONTRACT. Fig/meas approx. Super investment property with great tenants and income stream. Easy to rent- close to Southwood work and downtown work.

1402 Ramble Brook Unit A, Tallahassee

$249,000
404120 MLS
Affordable real estate investment opportunities are few and far between and this one is a no-brainer! Come take a look at this charming bungalow duplex located in Levy Park. Directly adjacent to Midtown, this neighborhood offers walking distance to Publix, restaurants, bars, and nightlife while also being a quick commute by car or bike to downtown, FSU, and FAMU ensuring high rental demand into the future. These units are shotgun style with Unit A featuring 1-bedroom and 1-bathroom and Unit B with 2-bedrooms and 1-bathroom. Both units share a large front porch and screened in back porch. This centrally located duplex has updated bathrooms, floors, and new water heaters. Don't be passive about the prospect of passive income! Schedule a showing today

1618 Branch Street, Tallahassee

$725,000
403916 MLS
One or more photos have been virtually rendered. Welcome to 629 E Park Avenue. This beautifully turn-key, renovated five-unit apartment building offers an incredible investment opportunity in a prime Tallahassee location. Each unit provides a comfortable and inviting living space with hardwood floors, a cozy kitchen and living room, and the convenience of an in-unit washer and dryer. Big ticket items are fairly new with a 2021/2022 roof, HVAC systems and water heaters. Properties have been renovated throughout. The location is situated just a short walk from downtown, Cascades Park, an array of restaurants, shopping, and bars. Residents can take advantage of everything the city has to offer while still enjoying the peace and privacy of home. Don’t miss this rare opportunity to own a multifamily property in the heart of Tallahassee! Seller has four additional nearby properties available, offering a rare multi-asset portfolio opportunity within walking distance of downtown. Proof of funds or lender pre-approval required prior to scheduling showings.

629 E Park Avenue Unit 1-5, Tallahassee

$699,000
403799 MLS
-One photo is virtually enhanced- Not your typical Tallahassee property. Originally built as a 1940s neighborhood storefront, this property has been reimagined into distinctive living spaces in a highly desirable in-town location: historic character, unexpected spaces, and a property unlike almost anything else you’ll find near downtown. One unit offers a fully renovated, flexible two-bedroom, two-bath layout. The other is an open-air studio with a loft—this live/work-style studio includes its own full kitchen and bath—creating options for guests, extended living, rental income, or creative use. Historic character, unexpected spaces, and a property unlike almost anything else you’ll find near downtown. Broker/owner- rental details on file.

610/612 W 8TH Avenue, Tallahassee

$175,000
402802 MLS
Unique investment opportunity on nearly an acre! Whether you're looking for a multi-generational living arrangement, rental income, or a property with room to grow, this versatile parcel offers endless possibilities. The property includes two livable mobile homes, a large storage building, a three-bay carport, and beautiful, mature oak trees that provide shade and privacy throughout the property. The first home offers approximately 1,098 square feet with 3 bedrooms, 1 bath, a spacious deck, and a screened porch. The second home features 2 bedrooms, 2 baths, approximately 784 square feet, a split-bedroom floor plan, an open kitchen and living area, and a large screened porch. Bring your vision and make this property your own! Ideal for investors, extended families, or buyers looking for flexible living arrangements. Cash or owner financing only - property does not qualify for conventional, FHA, or VA financing.

6010 La France Road Unit -, Tallahassee

$549,999
402567 MLS
Some pictures digitally staged All NEW FULLY RENOVATED TRIPLEX! Rare investment opportunity to buy a turnkey multiplex just minutes away from The Capital, hospital, cascades, and the colleges! One unit is already a successful airbnb/mid-term rental making between $2,500-$3,000/month with and extrapolated income of $7,500-$9,000/month renting all three units! Each unit has been fully renovated head to toe, and features all new kitchen appliances, new flooring, paint, cabinets, sinks, shows, and lighting and beautiful new accordion style sliding glass doors. The exterior has all new windows, siding, and new metal roof. Each unit has their own deck, and patio with a utility room attached containing a washer/dryer. The neighborhood is quiet and feels hidden thanks to the trees surrounding it. Just behind the neighborhood there is a walking trail. Buyer to verify all measurements.

302 Vantage Point Lane Unit 4, 5, & 6, Tallahassee

$355,000
401970 MLS
**Back on the market!** Don't miss this fully occupied triplex offering immediate cash flow and long-term investment potential. All three units are currently leased and have been occupied by long-term tenants, providing consistent rental income from day one. With current rents below market, there's a clear opportunity to increase future income through thoughtful rent adjustments. Recent improvements, including a newer roof and newer HVAC systems, help reduce major capital concerns while allowing the next owner to focus on maximizing returns. Whether you're adding to your portfolio or purchasing your first income-producing property, this triplex is a solid, investor-friendly opportunity with reliable cash flow and upside potential. Bring offers!!

1208 Springsax Road Unit A,B,C, Tallahassee

$1,150,000
401636 MLS
One or more photos have been virtually enhanced. Immediate cash flow with 100% occupancy across all triplex units and a consistently booked, high-demand Airbnb in the detached home. This extraordinary, completely renovated, and turn-key investment opportunity in the Levy Park area of Midtown in Tallahassee features two income-producing triplexes and a detached single-family home situated less than three miles from Florida State University and the Florida State Capitol. Perfectly positioned for investors seeking strong cash flow and immediate rental potential, this property represents a rare chance to secure a high-performing asset in one of Tallahassee’s most desirable neighborhoods. The gross rent roll of the detached home sits at approximately $30,000/year and the long-term triplex leases sit at approximately $7,000 monthly. The detached single-family home, which makes for an ideal short-term or Airbnb rental, features two bedrooms, two full bathrooms, and a thoughtfully designed interior boasting original wood floors, great lighting throughout, and a faux fireplace situated between the living room and bedroom. The eat-in kitchen includes bar stool seating and a coffee nook, while one bathroom offers a wood-grain double vanity, intricate mosaic floor tiling, and a glass-enclosed walk-in shower with a gold rain shower head. Outside, the home features a carefully planned back deck area perfect for grilling and enjoying the outdoors. The triplexes are equally impressive, featuring dramatic vaulted ceilings with both natural wood and white-painted exposed beams, an open main floor concept, durable light-toned wood-plank flooring throughout, in-unit laundry, individual back decks, and unassigned parking spaces. Property maintenance has been expertly handled, including newer AC units and professional tree mitigation to keep branches away from the roofs. This asset is well-positioned to deliver solid returns. All furniture and other items in the detached single-family home are negotiable with the sale.

118 W 8th Avenue Unit 1-7, Tallahassee

$5,750,000
401301 MLS
An exceptional mixed-use and development opportunity on Austin Davis Ave, offering both stabilized income and future growth potential. 3554 Austin Davis Ave is a mixed-use apartment building featuring a combination of residential units and ground-floor commercial space. The property benefits from an urban-style layout designed to support walkable, community-oriented living and retail activation, creating diversified income streams in a single asset. 3586 Austin Davis Ave is a fully entitled development parcel, including approved plans and permits for a new residential complex. This provides a rare, shovel-ready opportunity for immediate construction, reducing time, risk, and entitlement costs for the next phase of development. Together, the properties offer a compelling blend of current cash flow and future expansion potential in a growing corridor; ideal for investors or developers looking to scale within a cohesive urban project.

3554 &3586 Austin Davis Avenue Unit -, Tallahassee