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Quadplex With Two Updated Units
For Sale
Under Contract
$294,900

1011 Abraham Street, Tallahassee, FL 32304

MULTI_FAMILY - Other - Tallahassee, FL

Property SizeContact for details
Days on Market48

Property Features for 1011 Abraham Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 7, Bedroom 1, Bedroom 3
Parking features Assigned
Subdivision GRIFFIN COL HEIGHTS
Elementary school RILEY
Middle school GRIFFIN
High school GODBY
Directions From I-10 Exit 196, head south, left on W Tennessee St, right on Ocala Rd, left on Abraham St.
Standard status Active Under Contract
APN 12073-21-26-35- G-006-0

Taxes and HOA fees

Tax Annual Amount 3505

Building Details

Year built 1968
Floors in Building 2
Number of units 4
Building materials Stucco
Architectural style Other
Listing Agency: FlatFee.com
Listed By: Cliff Glansen · License #707077
Added: Jul 14 Changed: Aug 14 Last Checked: Aug 30 at 7:06AM
MLS# 402427

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.

This quadplex at 1011 Abraham Street offers four 2-bedroom, 1-bath units in a stucco exterior building built in 1968. Each unit is just under 800 SF. Two of the units have already been updated with fresh paint and flooring, while the remaining two are ready for renovation.

Planned major improvements include HVAC installation, window replacement, and additional interior cosmetic updates. The property is being sold As-Is, and existing appliances will convey.

On-site parking includes assigned spaces for multiple cars via an ample driveway layout. The property is positioned for long-term residential rental use near Florida State University.

Key Highlights

  • Four 2‑bedroom, 1‑bath units in a stucco building built in 1968
  • Two units updated with fresh paint and flooring; two units ready for renovation
  • Each unit is just under 800 SF

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four 2-bedroom, 1-bath units near Florida State University, with two units updated and two ready for renovation.
Where is this quadplex located?
The property is located at 1011 Abraham Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units in a stucco building built in 1968; Two units updated with fresh paint and flooring; two units ready for renovation; Each unit is just under 800 SF
More about this property
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