Available
$285,000(ARV: $550,000)52% of ARV

Leon County, Tallahassee, FL 32304

8 bd4 ba3,394 sfBuilt 1968

6 days ago

Gross spread$265,000

Description

Tallahassee, FL – 4-Unit Multifamily Opportunity Property Details: Type: Multifamily Unit Count: 4 units Occupancy: All units are vacant Total Bedroom & Bathroom: 8 BD/ 4 BA 1st Unit: 2 Bed / 1 Bath 2nd Unit: 2 Bed / 1 Bath 3rd Unit: 2 Bed / 1 Bath 4th Unit: 2 Bed / 1 Bath Heating & Cooling: Non-operational Sqft: Approx. 3,394 sqft Age of Roof: Approx 3 years old Windows are original Year Built: 1968 Water: Public Sewer: Public Foundation: Slab Parking: Large front parking area with approximately 8 parking spaces (double stacked) Potential Rental Income: $1,500/unit per month. $6,000 monthly = $72,000 annually _______________________________________________ Terms Of Purchse: Sold As-Is Assignment Contract EMD Minimum: $10,000 Buyer Pays All Closing Costs Closing on or before 9/4/2026 Acceptable Financing: Cash, Hard Money, or Conventional Investor Loan Title Company: Sunshine Title Buyer to Verify All Information & Perform All Necessary Due Diligence FOR ALL INQUIRIES: TEXT OR EMAIL MADELINE @ [contact details hidden] ______________________________________________ Asking Price: $285,000ARV: $530,000 + _______________________________________________ CLICK HERE FOR PHOTOS Sold Comps 1317 Hancock St #A-d, Tallahassee, FL 32304 Multifamily Bedrooms: 8 | Bathrooms: Size: 3,592 sqft Sold Price: $495,000 Sold Date: 6/2025 (1 month on market) 705 W Georgia St #0, Tallahassee, FL 32304 Multifamily Bedrooms: 6 | Bathrooms: Size: 2,376 sqft Sold Price: $340,900 Sold Date: 4/2025 1312 Nylic St #A-b, Tallahassee, FL 32304 Multifamily Bedrooms: 8 | Bathrooms: 4 Size: 3,424 sqft Sold Price: $515,000 Sold Date: 6/2026 (3 weeks on market) Active Comps 803 W Georgia St, Tallahassee, FL 32304 Multifamily Bedrooms: 8 | Bathrooms: 8 Size: 3,280 sqft Asking Price: $695,000 BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY. All financial projections and estimates are based on our own analysis and opinion. Please do not show up to the property unannounced. NOT FOR PUBLIC DISTRIBUTION. PRIVATE COMMUNICATION ONLY. If you are a real estate agent and have a potential buyer lined up for the property, please add your commission or fee on top. Thank you! NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER. JOIN OUR VIP NETWORK

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$84/sqft
Market median$157/sqft
Difference46% below

Median of 7 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms8
Bathrooms4
Square feet3,394
Lot size6,534 sf
Year built1968
ConditionMajor Repair
OccupancyVacant
ParkingDriveway

Systems & condition

Roof age1-3 yrs
HeatingOther
Air conditioningNone
FoundationSlab
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing73
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