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1223 Cleveland Street Unit 1-2, Tallahassee
$375,000
406425 MLS
PRIME MULTIFAMILY INVESTMENT OPPORTUNITY NEAR FAMU & FSU! Conveniently located near both university campuses, FAMU Way, downtown Tallahassee, and the vibrant Gaines Street and Railroad Square districts, this 2,680-square-foot duplex offers an excellent combination of location, rental potential, and flexibility. Each spacious, single-story unit features 3 bedrooms, 2.5 bathrooms, approximately 1,340 square feet of living space, and separately metered electric and water utilities. Unit B is currently tenant occupied, providing existing rental income, while Unit A is vacant and offers an opportunity to secure an additional tenant or explore owner occupancy. The property's convenient location near Florida A&M University, Florida State University, the State Capitol, Cascades Park, shopping, dining, and entertainment adds to its appeal for a variety of rental needs. Whether you're looking to expand your investment portfolio or purchase a multifamily property with flexible occupancy options, 1223 Cleveland Street is an opportunity worth exploring. Schedule your showing today!

1223 Cleveland Street Unit 1-2, Tallahassee
1922 Crosby Ct Unit A,B,C,D, Tallahassee
$449,000
406226 MLS
Quadplex near FSU & TCC! Each 2BR/1.5BA townhome offers private entry, separate laundry room & separate utilities. Roof replaced 2014. Strong rental income potential of $4,900/mo total ($58,800 annual) with room for increase. Ample parking, close to shopping, restaurants & bus lines. Excellent turnkey investment or live-in opportunity in a proven rental area!

1922 Crosby Ct Unit A,B,C,D, Tallahassee
719 & 721 N Gadsden Street Unit -, Tallahassee
$425,000
405901 MLS
Rare Opportunity for a Midtown Duplex – Live in One Side, Rent the Other! Prime Tallahassee location in the heart of Midtown! This turn-key duplex located at 719 & 721 N Gadsden St features two mirror-image units, each offering 2 bedrooms and 1 bath with a spacious living area and functional kitchen layout. Major capital improvements are already done for peace of mind: NEW roof in 2023 and NEW HVAC units (2023 & 2024). New Gutters (2026) and Vapor Barrier (2021ish). Ideal setup for house-hackers, multi-generational living, or savvy investors looking for immediate cash flow—plus value-add potential with a spacious backyard big enough to build another unit, office, or building. One side is currently vacant and move-in ready (perfect for an owner-occupant or setting your own market rent), while the other side is occupied on a fresh 1-year lease at $1,400/month. Walk or quick drive to Midtown dining, shopping, state offices, and downtown!

719 & 721 N Gadsden Street Unit -, Tallahassee
2430 & 2432 Atlas Road Unit 2, Tallahassee
$215,000
405889 MLS
Phenomenal investment opportunity with incredible potential! This solid, all-brick duplex features a convenient attached carport on one side and presents the perfect canvas for your custom renovations or a profitable addition to your rental portfolio. Situated in a highly desirable and accessible location, the property is nestled directly across from Astoria Elementary School and offers effortless access to the interstate, and easy commuting to campus, nearby shops and restaurants. Whether you are looking to flip, build sweat equity, secure a high-demand rental asset, or live in one side while renting the other side - this duplex is a must-see. Left side is currently vacant. Long term tenant on right side. Currently under rented, fixed up could easily rent for $1000 to $1200 each side. Estate sale. No sellers disclosure available.

2430 & 2432 Atlas Road Unit 2, Tallahassee
1844 Larette Drive Unit A-D, Tallahassee
$515,000
405869 MLS
Quadraplex in a convenient Tallahassee location. Building includes four, two bedroom/one bathroom units. A rare to find multi-family housing that feels this much like a private residential neighborhood. Situated just off Apalachee Parkway and Old St. Augustine Rd, this property is a three-minute drive to Whole Foods, Starbucks, and the Parkway’s best shopping. Located in an established, mature neighborhood with solid infrastructure. 50% Occupied. Schedule your showing today.

1844 Larette Drive Unit A-D, Tallahassee
2510 Fred Smith Road Unit -, Tallahassee
$435,000
405685 MLS
Turnkey quadplex investment opportunity offering strong in-place income and major recent improvements! This well-maintained and updated property generates $58,440 in annual gross rental income, with all four units currently leased through February 2027, providing immediate cash flow from day one. Recent capital improvements include updated HVAC systems and electrical improvements completed in 2024, per City of Tallahassee permits, plus the added durability of a metal roof. Ideally situated between Monroe Street and Old Bainbridge Road, the property offers convenient access to I-10, Downtown Tallahassee, Midtown, restaurants, shopping, entertainment, movie theaters, and other everyday amenities, making it an attractive and convenient rental location. With established tenants, strong existing income, updated major systems, and no immediate lease-up required, this is an excellent opportunity to add a stabilized, income-producing multifamily asset to your portfolio.

2510 Fred Smith Road Unit -, Tallahassee
1352 Ocala Road Unit A/B, Tallahassee
$350,000
405345 MLS
Excellent investment opportunity just blocks from TCC and FSU! This duplex features two spacious 4-bedroom, 3-bathroom units, each offering a two-story layout designed for strong rental appeal. Interiors showcase durable laminate flooring, open-concept living spaces, and functional layouts ideal for student or multi-tenant occupancy. Low-maintenance vinyl siding adds long-term value and ease of ownership. With high bedroom count and proximity to major campuses, this property is well-positioned for consistent demand and attractive cash flow. Whether expanding a portfolio or entering the investment market, this is a prime income-producing asset in a highly sought-after rental corridor. Buyer to verify all measurements. ROOF 2020.

1352 Ocala Road Unit A/B, Tallahassee
1328 Nylic Street Unit N/A, Tallahassee
$225,000
405337 MLS
Investors will appreciate the strong fundamentals and low-maintenance appeal of this single-story duplex, ideally located within walking distance of FSU's campus. Both units offer a desirable 2-bedroom, 2-bathroom layout, providing an attractive setup for student or residential rental demand. Recent improvements include a 2022 roof, newer water heater and HVAC systems, as well as several recently replaced appliances. Durable vinyl siding further enhances the property’s low-maintenance appeal. With major systems already updated, this duplex offers an opportunity to focus on consistent rental income and long-term investment potential rather than immediate capital improvements.

1328 Nylic Street Unit N/A, Tallahassee
610/612 W 8TH Avenue, Tallahassee
$650,000
405243 MLS
-One or more photos virtually enhanced/staged A property with a story—and possibilities for what comes next. Originally built as a neighborhood storefront, 610 & 612 W. 8th Avenue has served Tallahassee in many forms over the decades, from local businesses to an artist’s studio and residence. Today, the property has been thoughtfully reimagined into two distinctive spaces, preserving its character while creating an exceptionally flexible opportunity near downtown and the university campuses. One side features a beautifully renovated two-bedroom, two-bath residence with a full kitchen, generous living spaces and private outdoor area. The adjoining unit offers an expansive open studio with a full kitchen and bath—ideal for a creative workspace, office, guest quarters, additional residence, or income-producing rental. Live in one and generate income from the other, create a true live/work property under one roof, maintain both as rentals, or bring the two spaces together for an entirely different vision. The solid concrete construction and streamlined exterior contribute to relatively low-maintenance ownership, while the central in-town location provides convenient access to downtown, FSU, FAMU, restaurants, entertainment and everyday amenities. With a strong rental history and a layout that can evolve with its next owner, this is more than a conventional multifamily property. It is a distinctive piece of Tallahassee history with the flexibility to live, work, create and generate income—all in one place. Broker/Owner. Rental history and additional property information available.

610/612 W 8TH Avenue, Tallahassee
804 W Brevard Street Unit ---, Tallahassee
$250,000
405151 MLS
Very unique opportunity for the smart investor. One half of an entire city block is for sale with existing structures that contain a commercial building, a duplex, a single family home, a restaurant and vacant land. All within the city and one block away from Florida State University. The zoning is CU-18 (Central Urban-18) which allows for 18 new units per acre. The total land size of this sale is 1.15 acre. The smart investor has options: Rent with the current structures in place or demolish and build new to capture even greater student housing revenue. List price for everything $1,600,500.00. This particular property is a duplex, one bedroom one bathroom on each side, central heat and air on one side, a window unit on the other side. Parking is available in the back of the unit

804 W Brevard Street Unit ---, Tallahassee
5863 Nightingale Loop Unit A-B, Tallahassee
$375,000
404992 MLS
Excellent investment opportunity in Southeast Tallahassee! This well-sized duplex offers approximately 2,470 square feet with two separate 3-bedroom, 2-bath units, providing a total of 6 bedrooms and 4 bathrooms on approximately half an acre. Unit A is currently occupied by a month-to-month tenant at $1,400/month and features a brand-new HVAC system along with a newer water heater. The month-to-month tenancy provides the new owner flexibility to continue renting to the existing tenant or make other plans for the unit. Unit B is currently vacant and ready for its next occupant, featuring recently installed flooring, new appliances, a new water heater and newer HVAC system. Unit B has previously rented for as much as $1,475/month. Seller is also in the process of installing a new roof, adding another major improvement for the next owner. Each unit offers a spacious 3-bedroom, 2-bath layout with its own kitchen, living area and laundry space. Conveniently located in Southeast Tallahassee off Williams Road with easy access to the Apalachee Parkway and Capital Circle corridors. Whether you're looking to add a duplex to your rental portfolio or occupy one side while generating income from the other, this property offers flexibility, recent improvements and strong rental potential.

5863 Nightingale Loop Unit A-B, Tallahassee
1305 CLAY Street Unit -, Tallahassee
$825,000
404873 MLS
Turnkey investment! Ready for new owner with upside potential in continued rent increases. Current total gross rent is $8,225 per month! GRM is 8.3! What a deal! All utilities are separately metered & tenant's pay for everything! Awesome investment for anyone looking to do a 1031 exchange! Formerly Appraised at $870k selling at $825k gives instant equity play. Come get this deal!

1305 CLAY Street Unit -, Tallahassee
601 Pope Street Unit 1 & 2 (605 Pope St), Tallahassee
$1,500,000
404626 MLS
**INVESTOR OPPORTUNITY!** Two all-brick buildings offering significant income potential in a convenient Tallahassee location. Previously operated as student housing, each building features 8 bedrooms and 8 bathrooms, providing a combined total of 16 rentable rooms across both properties. Currently vacant, offering investors the opportunity to establish their own leasing strategy and capture future rental income. Inspections have been completed, and identified items are actively being addressed by the seller. **Seller offering a 7% cap-rate-based income incentive, structured to cover the first year of rental income, with an acceptable offer. Ideal for investors seeking a student-housing opportunity in Tallahassee. Buyer to verify all measurements, permitted use, rental potential, expenses, and investment projections.

601 Pope Street Unit 1 & 2 (605 Pope St), Tallahassee
1103 Richmond Street Unit 1, Tallahassee
$300,000
404532 MLS
Rare duplex sale for investors. Near FSU. Smart money says live in one side and rent the other. Well maintained. Metal roof. Central heat and air. Ceiling fans. Unit 1 is a one bedroom one bath renting for $900/mo. Unit 2 is a three bedroom one bath that is currently vacant but has rented for $1200/mo.

1103 Richmond Street Unit 1, Tallahassee
226 E Bradford Road Unit A & B, 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
308 VANTAGE POINT Lane Unit 40, 41, 42, Tallahassee
$344,900
404374 MLS
Investment opportunity, with materials available to renovate. Very centrally located and great for rentals. Buyer to verify all measurements.

308 VANTAGE POINT Lane Unit 40, 41, 42, Tallahassee
311 VANTAGE POINT Lane Unit 37, 38, 39, Tallahassee
$344,900
404376 MLS
Investment opportunity, with materials available to renovate. Very centrally located and great for rentals. Buyer to verify all measurements.

311 VANTAGE POINT Lane Unit 37, 38, 39, Tallahassee
309 VANTAGE POINT Lane Unit 34, 35, 36, Tallahassee
$344,900
404375 MLS
Investment opportunity, with materials available to renovate. Very centrally located and great for rentals. Buyer to verify all measurements.

309 VANTAGE POINT Lane Unit 34, 35, 36, Tallahassee
1402 Ramble Brook Unit A, 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
1618 Branch Street, Tallahassee
$229,900
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
629 E Park Avenue Unit 1-5, 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
6309 & 6311 Placid Place Unit 2, Tallahassee
$239,000
403774 MLS
Northwest Tallahassee location, this 2-bedroom 2 bath duplex is ready for a new investor or homeowner looking for occupancy & immediate income. The Seller has well maintained the property with a newer roof, paint, flooring, & more. Both units have 2 bedrooms & 2 baths (832 SF each side) featuring a living-dining area with pass thru to the kitchen. The galley style kitchen is equipped with refrigerator, stove, microwave and dishwasher. Each bedroom has own bath with single vanity and tub/shower combination. Light & bright with easy care vinyl flooring throughout the units, no carpet, vinyl exterior siding with low maintenance yard. Current rent is $1175 per month per unit.

6309 & 6311 Placid Place Unit 2, Tallahassee
910 Wadsworth Street Unit -, Tallahassee
$225,000
403768 MLS
910 AND 912 Wadsworth are available for sale with 902 Wadsworth and 1402 Nylic. Seller insists on selling them together at $450K. These are 2 sets of duplexes side by side but room to grow if wanted. Tenant Occupied. Total rental income on all 4 units = $4,480.00. $495,000 is the total price for two duplexs (but they have separate tax IDs). Fenced backyard. Close to FSU and state offices. Professionally Managed by Tallahassee Real Estate Solutions. Newer Roof - installed April 2020. Tenant Occupied. No sign on property, shown by appt only. Some photos are virtually enhanced. Interior photos from previous tenants.

910 Wadsworth Street Unit -, Tallahassee
1402 Nylic Street Unit -, Tallahassee
$225,000
403767 MLS
1402 Nylic AND 902 Wadsworth are a duplex, 910 and 912 Wadsworth is the duplex next door. These 4 units, 2 sets of duplexes, are being sold together. They are side by side but room to grow if wanted. $450,000 is the total price for BOTH duplexs (but they have separate tax IDs). Professionally Managed by Tallahassee Real Estate Solutions. Tenant Occupied. Total rental income on all 4 units = $4,480.00. No sign on property, shown by appt only - 24 notice required. Some photos were virtually enhanced.

1402 Nylic Street Unit -, Tallahassee
2309 & 2311 S Meridian Street Unit 1, Tallahassee
$174,900
403738 MLS
Brick Duplex 2/1 each side with family room and eat in kitchen and a big backyard. Great location!

2309 & 2311 S Meridian Street Unit 1, Tallahassee
599-603 Brooke Hampton Drive Unit n/a, Tallahassee
$499,900
402849 MLS
Excellent duplex investment opportunity featuring a fully occupied property with two 3-bedroom, 2-bathroom units providing immediate rental income. Each unit offers spacious layouts, abundant natural light, and strong tenant appeal. Live in one unit and rent the other to generate income to pay towards your mortgage, or lease both units and earn approximately $40,000 annually in gross rental income. Showings are by appt only with 24-hour notice to show. A prequal letter or proof of funds is required prior to scheduling a showing.

599-603 Brooke Hampton Drive Unit n/a, Tallahassee
6010 La France Road Unit -, 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
302 Vantage Point Lane Unit 4, 5, & 6, 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
1519 WILLOW BEND Way, Tallahassee
$549,990
402480 MLS
Great Quad at Willow Bend overlooking Hilaman Golf Course. 2bed/1bath units. Vinyl siding. Roof 2007, Great investment property.

1519 WILLOW BEND Way, Tallahassee
602 Gunter Street, Tallahassee
$450,000
402214 MLS
Do Not disturb tenants. Triplex in Old Towne.

602 Gunter Street, Tallahassee

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