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Four-Unit Apartment Building
For Sale
$299,900

1011 Abraham St, Tallahassee, FL 32304

Two units have updated interiors, while two others require renovation and major system work.

Property Size3,172 SF
Price / SF$94.55
Days on Market27

Property Features for 1011 Abraham St

General Information

Standard status Active
Size 3,172 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence Major improvements needed include HVAC installation, window replacement, appliances installed and additional interior cosmetic updates.

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Building Details

Year Built 1968
Buildings 1
Listing Agency: FlatFee.com
Listed By: Cliff Glansen · License #278017259
Source: Hopegainesrealestate
Added: Aug 4 Changed: Aug 29 Last Checked: Aug 29 at 9:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FlatFee.com

Investment Insights

Based on property information with market context.

This 3,172-square-foot quadplex contains four two-bedroom, one-bath units, with each apartment measuring just under 800 square feet. Two units have received fresh paint and new flooring; the other two require renovation. Planned work includes HVAC installation, window replacement, appliance installation, and additional interior improvements. Existing appliances convey with the sale, and the property is offered in its current as-is condition.

Built in 1968, the property is located at 1011 Abraham St in Tallahassee, near Florida State University. Driveway parking accommodates multiple vehicles, adding practical functionality for the four-unit configuration.

Key Highlights

  • Four 2‑bed, 1‑bath units in a quadplex
  • 3,172 square feet total; each unit is just under 800 sq ft
  • Two units updated with fresh paint and flooring

Property Analytics

Current Use

Capital City Properties Housing Complex

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Auto Parts Store Accounting Firm

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby

Demographics for 32304, FL

50,007
Population
23,296
Households
2.1
Avg Household Size
25
Median Age
36%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
3,290
Density / Sq Mi
$30,823
Median Household Income
$14,475
Median Earnings
$1,132
Median Rent
$147,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Two units have updated interiors, while two others require renovation and major system work.
Where is this quadplex located?
The property is located at 1011 Abraham St Tallahassee, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Four 2‑bed, 1‑bath units in a quadplex; 3,172 square feet total; each unit is just under 800 sq ft; Two units updated with fresh paint and flooring
More about this property
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