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Five-Unit Apartment Building
New
For Sale
$725,000

629 E Park Avenue, Tallahassee, FL 32301

Residential, Tallahassee, FL

Property SizeContact for details
Days on Market5

Property Features for 629 E Park Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bathroom 2, Bedroom 3, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 5
Parking features On Street
Appliances Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Subdivision Cherokee Hills
Elementary school HARTSFIELD
Middle school COBB
High school LEON
Directions Thomasville Rd to N Calhoun, L on Tennessee, R on Franklin, left on E Park, on your Right
Standard status Active
APN 12073-11-31-30- E-004-0

Utilities

Heating system Central
Cooling system Central Air, Ceiling Fan(s)

Amenities

in-unit washer/dryer

Building Details

Year built 1954
Floors in Building 2
Number of units 5
Flooring type Wood
Building materials Asbestos, Block, FiberCement, Frame, Concrete
Architectural style Other
Listing Agency: Armor Realty, Inc
Listed By: Velinda Hittinger · License #3473050
Added: Aug 19 Changed: Aug 21 Last Checked: Aug 23 at 4:06AM
MLS# 403916

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 629 E Park Avenue in Tallahassee, this five-unit apartment building has been renovated throughout. The units feature hardwood flooring, kitchens, living rooms, and in-unit washers and dryers. Appliances include ranges, refrigerators, dishwashers, microwaves, and dryers. Central heating, central air, and ceiling fans provide the building’s listed climate-control features.

The property was built in 1954 and includes on-street parking. The roof, HVAC systems, and water heaters are identified as 2021/2022 improvements. Downtown, Cascades Park, restaurants, shopping, and bars are described as being within a short walk of the property.

Key Highlights

  • Five‑unit apartment building at 629 E Park Avenue
  • Renovated throughout with hardwood flooring in the units
  • In‑unit washers and dryers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service Home Appliance Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,651
Businesses Nearby

Demographics for 32301, FL

29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with hardwood floors, in-unit laundry, and central HVAC and cooling.
Where is this apartment building located?
The property is located at 629 E Park Avenue Tallahassee, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Five‑unit apartment building at 629 E Park Avenue; Renovated throughout with hardwood flooring in the units; In‑unit washers and dryers
More about this property
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