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$190,000
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
$235,000
402530 MLS
Opportunity meets location with this affordable duplex just steps from Florida A&M University. Situated on property zoned University Transition (UT) with a future land use designation of Urban General (UG), this is more than just an income producing property. It's an opportunity to own in one of Tallahassee's growing redevelopment corridors with exciting long term potential. Whether you're a FAMU student, graduate, parent, investor, or developer, this property offers exceptional flexibility. Each unit features 2 bedrooms and 1 bathroom, making it ideal for owner occupancy while generating rental income from the second unit. Live in one side and let the other help offset your mortgage, or add a cash flowing property to your investment portfolio. One unit is vacant and move in ready, while the other is occupied on a month to month lease, providing immediate income with future flexibility. Located within walking distance of Florida A&M University, you'll enjoy convenient access to campus, athletic events, restaurants, and everything university life has to offer. For FAMU families, this is a unique opportunity to purchase instead of rent, allowing your student to build equity while generating income from the second unit. For developers and investors, the property's UT zoning and UG future land use designation offer redevelopment potential beyond its current use, making this an opportunity to invest not only in today's rental income but also in tomorrow's growth.

826 Robert and Trudie Perkins Way Unit 1&2, Tallahassee
$575,000
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
$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
$339,900
402427 MLS
Investor opportunity near Florida State University! This quadplex features four 2-bed, 1-bath units, with each unit just under 800 sq ft. Two units have already been updated with fresh paint and flooring, while the remaining two are ready for renovation. Major improvements needed include HVAC installation, window replacement, appliances installed and additional interior cosmetic updates. Ample driveway parking for multiple cars. Once renovated, each unit can expect to rent for around $1,500/month. Don't miss out on this long term rental opportunity at an exceptional value! Property is being sold As-Is, and existing appliances will convey.

1011 Abraham Street Unit -, Tallahassee
$275,000
402336 MLS
All brick duplex for sale. Units occupied. Stable tenants. Rents are low. Huge yard. More pictures to come. By appointment only. Use Showingtime.

3106 Jim Lee Road Unit 3106-3108, Tallahassee
$299,000
402222 MLS
This is the property your portfolio has been missing! This well-maintained rental property is in a great location and offers an excellent investment opportunity. It's also perfect for a savvy first-time homebuyer who wants a little help with the mortgage payment without needing a roommate. The private, fenced backyard is a huge bonus, making this home a must-have for future renters or owner-occupants alike.

5041 Leah Lane Unit -, Tallahassee
$450,000
402214 MLS
Do Not disturb tenants. Triplex in Old Towne.

602 Gunter Street, Tallahassee
$200,000
402160 MLS
Great investment property. Duplex featuring 2BR/2ba with a family room and a bedroom downstairs and another bedroom/bath upstairs. The side unit is a cute studio with one bedroom/bath. Recent improvement including newer appliances, interior and exterior paint, newer flooring; Washer/Dryer hookup & a huge yard! Property is situated on 1 acre. Quiet and private community; property is on a private road. Water provided by Talquin and buildings are on Septic tank. No HOA. Great investment property. Units are consistently occupied, providing reliable cash flow. Easy access to interstates. Buyer to verify all measurements. Units vary. Photos taken during remodeling.

1366 - 1368 Hollow Pine Lane Unit 2, Tallahassee
$200,000
402159 MLS
Great investment property. Duplex featuring 2BR/1BA each side. Both sides of duplex have open kitchens w/ bar & open floor plan. Recent improvement including newer appliances, interior and exterior paint, new flooring; Washer/dryer hookup & a huge yard! Quiet and private community. Property is fenced with a gate on a private road. Each duplex is on 1 acre. Water provided by Talquin and buildings are on Septic tank. No HOA. Each duplex is on 1 acre. Great investment property. Units are consistently occupied, providing reliable cash flow. Easy access to interstates. Units vary. Buyer to verify all measurements.

1360 -1362 Hollow Pine Lane Unit 2, Tallahassee
$200,000
402158 MLS
Great investment property. Duplex featuring 2BR/1BA each side. Both sides of duplex have open kitchens w/ bar & open floor plan. Recent improvement including newer appliances, interior and exterior paint, new flooring, roof 2022; Washer/Dryer hookup & a huge yard! Quiet and private community. Each duplex is on 1 acre. Great investment property. Units are consistently occupied, providing reliable cash flow. Easy access to interstates. Units vary. Buyer to verify all measurements.

1354 - 1356 Hollow Pine Lane Unit 2, Tallahassee
$299,900
402110 MLS
TWO UNITS one price ! 2 Out buildings with power included! Don't miss this exceptional duplex investment opportunity conveniently located off Hartsfield Road, close to shopping, restaurants, schools, universities, parks, and major commuter routes. Situated on a single parcel, this well-maintained property features two separate 2-bedroom, 1-bath units, making it ideal for investors or owner-occupants looking to offset their mortgage by renting one side while living in the other. One unit offers a relaxing screened porch, perfect for enjoying Florida's beautiful weather, while the second unit features an enclosed porch that provides flexible space for a home office, fitness room, homeschool classroom, sun room, hobby area, or additional living space/bedroom. The property also includes two powered outbuildings, offering excellent storage, workshop space, office space or potential for additional uses.... and even a chicken coop! This spotless property has been well maintained and is truly move-in ready. Whether you're looking to expand your investment portfolio, generate rental income, or enjoy the benefits of owner-occupied rental property ownership, this duplex offers outstanding value and versatility.

2607 Hartsfield Road Unit A and B, Tallahassee
$290,000
402069 MLS
Four updated 1 bedroom, 1 bathroom condo units being sold together as a quadraplex investment opportunity. These well-maintained units have a strong rental history and stay consistently occupied. Major improvements completed last year include all new ductwork and upgraded insulation. Conveniently located near colleges, shopping, dining, and major businesses, these units are highly desirable for tenants. The HOA provides low-maintenance ownership by covering exterior maintenance, including roofs, parking lots, and the community pool. This is a great opportunity to have multiple rentals in one location. *Will need 24hrs for showings.

2241 W Pensacola Unit 80 81 82 83, 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
$473,000
401601 MLS
Each townhome offers 4 spacious bedrooms, each with a private bathroom and walk-in closet for added comfort and convenience. Features include a downstairs bedroom, a half bath for guests, and a functional floor plan with plenty of space. Units 542 & 544 tax id 1133170020110 & 1133170020120 are being sold together as a package deal.

542 & 544 COLLINSFORD Road Unit -, Tallahassee
$350,000
401518 MLS
Four Mobile homes and one warehouse on 4.32 acres. R-3 zoning district allows redevelopment and the potential for 8 dwelling units per acre. Buy and hold or build now. Backs to a City of Tallahassee park and nature preserve. Less than a half a mile to the Florida State University Rec SportsPlex and New lacrosse field. Not in a flood zone! PLEASE DO NOT DISTURB TENANTS.

1634 Rankin Avenue Unit -, 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
$335,000
401298 MLS
This well-maintained duplex is an excellent investment opportunity, offering strong cash flow and low maintenance ownership. Featuring a durable metal roof and miniumal landscaping expenses, this property is designed to keep operating costs down while maximizing returns. Both units have been updated with modern vanities and feature hard-surface flooring throughout, with no carpet to replace or maintain. Currently generating $1,500 per month on one side (semi-furnished) and $1,400 per month on the other, the property produces a total monthly rental income of $2,900. Whether you’re a seasoned investor or looking to start your portfolio, this turnkey duplex combines reliable income, attractive updates, and low-maintenance features that make it a smart long-term investment.

2441 Wren Hollow Drive Unit A, Tallahassee
$465,000
400912 MLS
VA ASSUMABLE LOAN AT 3.75%. Buyer must meet Loan Depot's qualifications to assume loan, lender does not require Owner occupied, remaining loan balance roughly $290K. This lovingly, well-maintained tri-plex offers a great opportunity for owner occupied rental unit with the other 2 units for income or can be a great investment property with income from all 3 units. Owner would be willing to stay a few months and pay rent until new renter could be secured to avoid any vacant months. Both other units have long-term tenants. Unit 1994 has 1-year lease at $1200/month, and unit 1998 is month-to-month at $900 a month. Both end units have 2 bedrooms, 1 full bath upstairs, and half bath downstairs. Middle unit is a very large 1 bedroom and 1 full bath upstairs, and a half bath downstairs. All 3 units have a nice, spacious floor plan, equipped with fireplaces, decks, balconies in 1994 and 1996, individual driveways, and fenced yards. Owner's unit (1996) has new pergola on back deck. Property also includes large side yard that has potential to be developed for additional units. It currently is used as private garden for residents, including fruit trees and raised garden beds. Current owner made substantial investment to improve this property for both self and tenants including new 30 year shingle roof in 2020, fencing for side yard, and individual units, new exterior paint in 2020, all kitchen and baths upgraded with GFI outlets, vapor barrier in crawl space, vented dryers to outside of crawl space, fireplaces cleaned in 2020. Owners' unit: new kitchen cabinets and appliances in 2023; new vanity in half bath 2020, and in full bath in 2025; new manufactured wood flooring in 2020, remodeled bath in 2025. Agent has copy of lease and tax returns upon request. Showings only for unit 1996 (owner's unit) until offer accepted. Then tenant's units will be made available to view prior to deposit being due as to limit disruption to tenants. Agent would appreciate only serious qualified buyers only. Buyer to verify all measurements.

1994 Darryl Drive Unit 1994, Tallahassee
$549,000
400463 MLS
NEW ROOFS JUST PUT ON ($42k), NO PRICE INCREASE, Build 2 additional Homes on this lot - Amazing potential, Beautiful Hardwood Floors throughout, Unforgettable Sunroom, Excellent Natural Light in most every room. 12 foot ceilings down, 10 foot up, 4br / 4.5 baths in the main house (would be a great bed & breakfast). Adorable 1br / 1 ba cottage, separately metered, should rent for $1300/mo.+/-, Zoned OR-1 (office residential), allows for 8 units per acre. Needs some work, but it's priced accordingly, we have pre-listing inspections available for review. This will go quickly!

1004 E Park Avenue Unit 2, Tallahassee
$550,000
400144 MLS
Property consists of two duplexes, four total units. Each unit has a cleverly designed floor plan perfect for roommates or families with lots of storage needs: 3Bd/3 full baths, with each bedroom having attic storage. The kitchen has a European style set up with the washer/dryer in that area for better energy efficiency. Each duplex has a central deck system that serves as a lounge area and entry. Pictures are of a currently vacant, fully renovated unit, but units vary in their renovations (some are original to 2002). Fantastic investment, now and in the future, thanks to well-maintained rental units and a whopping 2.19 acres of land. Rents vary from $1250-$1500, with an average of $1,361/month, which is what was used to calculate the gross rent multiplier. Lower maintenance with 2002-built structure, vinyl siding and metal roofs with warranties (roof on one duplex was replaced in 2025). Owners have replaced various appliances and some units had recent cosmetic renovations. Currently professionally managed. Owner provides grounds maintenance and tenants pay for all utilities and have individual garbage services. Seller owns a total of 12 units/6 duplexes. Option to purchase all 12 for $1,650,000

1708 & 1709 S Gadsden & Calhoun St Street Unit -, Tallahassee
$724,900
399767 MLS
AMAZING opportunity to own FOUR turn key, ready-to-rent detached houses! Set up to attract long-term tenants who like to live away from it all with ample parking. Can be resold separately as individual houses that have condo set up. Low maintenance exterior and interiors (concrete block, no carpet...and all new EVERYTHING). 1.9 acres contain 4 houses. The land is condo'ed only for well water and common area upkeep ($80/month or $960 year per house...which is $320/month or $3,840/year...this can be passed on to tenants). Condo rules only govern common areas and well...no one cares what color you paint the front door. Listing pictures and floor plans can be purchased from photographer by new owner for advertising purposes (listing agent will sign over rights). Welcome to Tropical Pines, a vibrant, island-inspired, private four-home community offering a rare opportunity to own four fully-renovated, detached 3 bedroom, 2 bathroom houses with the feel of independent country living. These never-lived-in-condition homes have been completely updated from top to bottom, blending durability with modern finishes. Inside, you’ll find granite countertops, soft-close shaker gray cabinetry, updated fixtures, and luxury vinyl plank flooring throughout. Major upgrades in each include new roof, new HVAC system and ductwork, new windows, new hot water heater, new washer and dryer, updated plumbing, vanities, lighting, and more, giving you the confidence of essentially a new home without the new construction price. Step outside of each houses living area to the fully privacy-fenced, double-gated backyard, each complete with a spacious new storage shed on a concrete pad. Each home also features its own dedicated parking and yard space, creating separation and privacy. Tropical Pines homes are designed for simplicity and low maintenance. The four homes share a 1.9 acre parcel with a spring-fed community well pump and maintained common areas, keeping monthly costs low at approximately $80 per month. Ownership offers the benefits of a small, managed community without restrictive rules or limitations. There is ample space for boats, trailers, RVs, or business equipment. Located just minutes from Tallahassee and a short drive to Lake Talquin, This home offers the ideal balance of affordability, privacy, and independent country-style living.

8034-8040 N Baby Farm Dr Unit -, Tallahassee
$169,900
399760 MLS
Brand new architectural shingled roof! Spacious duplex on a large lot at the end of a dead-end street. Freshly painted with new flooring in both units.

3507 Southland Drive Unit N/A, Tallahassee
$225,000
399738 MLS
**INVESTOR ALERT** DUPLEX featuring 2BR/1BA; each side. Both sides of duplex have open kitchens w/ bar & open floor plan. Unit 5524 has newer appliances, newer paint & flooring. 5526 has long term tenant and needs updates in future. Nice sized bedrooms! Utility room & a huge yard! Quiet neighborhood w/ country setting convenient to a park, the airport, FSU, TCC, restaurants, shopping & much more! Professionally managed. Roof replaced by Koch Brothers Roofing in 2023.

5524 SULLIVAN Road Unit 2, Tallahassee
$295,000
399526 MLS
Prime Student Quad – Turnkey cash flow just minutes from FSU + TCC. Built in 2004 with durable concrete block construction, the 1,560 sq ft has 4 efficiency units and includes a shared common area that adds flexibility and appeal. Please refer to drawing in pictures. Perfect for investors seeking immediate income in one of Tallahassee’s strongest rental areas or the potential to live in one unit while renting out the others. Each of the four well-maintained 1-bedroom, 1-bath efficiencies features private exterior access for convenience + privacy, while also having interior access to a shared common kitchen, dining, laundry. All four units are currently rented from $700 per month to $750 each, generating $2,850 in monthly gross income. The seller covers utilities (averaging just $400/month for all 4 units), making these units highly attractive to tenants and easy to manage.

908 Buena Vista Drive Unit -, Tallahassee
$495,000
399384 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. $495,000 is the total price for BOTH duplexs (but they have separate tax IDs). 2 contracts will be needed with offers and seller wants to sell them together. 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.

1402 Nylic Street Unit -, Tallahassee
$495,000
399385 MLS
910 AND 912 Wadsworth are available for sale with 902 Wadsworth and 1402 Nylic. 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.

910 Wadsworth Street Unit -, Tallahassee
$695,000
399224 MLS
Exceptional investment opportunity just steps from Florida State University! This well-maintained 2012-built duplex at 803 W Georgia Street offers two spacious 4BR/4BA units, each approximately 1,640 SF, making it a premier student housing asset in one of Tallahassee's most sought-after rental corridors. Both units are fully occupied with annual leases in place through 2026 and 2027, providing immediate and stable cash flow from day one. Both units are currently rented at $2,000/month, and increase to $2,600/month this July. Perfectly positioned within walking distance to FSU's main campus, and less than 2 miles from both Doak Campbell Stadium and the Florida State Capitol, this property sits in the heart of a high-demand rental market with consistently strong occupancy. Each unit features granite countertops, stainless steel appliances, in-unit washer/dryer, and a thoughtful 2-story layout ideal for student co-living. Tenants pay all utilities. With 3,280 total square feet of living space, this turnkey duplex checks every box and delivers location, quality, and cash flow in one compelling package. Don't miss this rare near-campus gem!

803 W Georgia Street, Tallahassee
$475,000
399221 MLS
Serious Buyers only. Seller has made a major reduction on price to find the right buyer ready to restore this estate to former glory. Substantial capital investment will be required after purchase to lovingly restore this timeless Queen Ann classic to its former glory. This home from the turn of century in 1908 not only offers the joy of resurrecting its former glory, but also two additional dwelling units. Refer to MLS 398947 for additional Main House information, details and photos. This posting primarily focuses on the additional dwellings to the Main House. The first of which is nestled under the main house as a 1/1 basement apartment with full kitchen, full bath, and even a living room and dining space and huge pantry, and storage closets. It is equipped with central heat and air. The window unit was formerly used for ventilation. The second dwelling sits atop a three stall workshop and offers 2BR/1BA, an eat-in kitchen, private balcony deck, and large living room. Either space could be renovated for rental potential or future home owner use for guests, home office, or private studio space. This property is a CASH ONLY purchase. Proof of funds or Pre-Qual must be provided prior to any showing appointments or release of the home inspection.

727 Miccosukee Road Unit -, Tallahassee