118 W 8th Avenue Tallahassee, FL 32303
New
MULTI_FAMILY - Other - Tallahassee, FL
- Added:
- Apr 30, 2026
- Days on Market:
- 3
- Last Refresh:
- May 2 at 4:06 pm
Property Features for 118 W 8th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 8, Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 7, Bathroom 2, Bathroom 1, Bathroom 7, Bedroom 1, Bedroom 6
- Parking features
- On Street, Assigned
- Security features
- Security
- Patio and Porch features
- Deck, Patio
- Interior features
- TrayCeilings, VaultedCeilings, WindowTreatments
- Exterior features
- Deck
- Appliances
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, RefrigeratorWithIceMaker, Washer
- Standard status
- Active
- APN
- 12073-21-25-43- F-007-0
Taxes and HOA fees
- Tax Annual Amount
- 9709
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Ceiling Fan(s), Attic Fan, Central Air, Electric
Building Details
- Year built
- 1979
- Floors in Building
- 1
- Number of units
- 7
- Flooring type
- Vinyl, Wood
- Building materials
- WoodSiding
- Architectural style
- Other
Listing agent Velinda Hittinger License #3473050 (850) 545-7219
Listing office Armor Realty, Inc 1519 Killearn Center Blvd, Tallahassee, FL (850) 893-2525
Listing date Apr 30, 2026
MLS# 399338
Listing URL
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.
Overview
Turn-Key Investment Opportunity in Tallahassee
This investment opportunity in Tallahassee features two income-producing triplexes and a detached single-family home. The properties are situated less than three miles from Florida State University and the Florida State Capitol, in the Levy Park area of Midtown. The gross rent roll of the detached home is approximately $30,000 per year, and the long-term triplex leases are approximately $7,000 monthly. The detached single-family home features two bedrooms, two full bathrooms, original wood floors, lighting, and a faux fireplace. The eat-in kitchen includes bar stool seating and a coffee nook. One bathroom offers a wood-grain double vanity, mosaic floor tiling, and a glass-enclosed walk-in shower with a gold rain shower head. Outside, the home features a back deck area. The triplexes feature vaulted ceilings with wood and white-painted exposed beams, an open main floor concept, light-toned wood-plank flooring, in-unit laundry, individual back decks, and unassigned parking spaces. Property maintenance has been handled, including newer AC units and professional tree mitigation. The property has 100% occupancy across all triplex units and a high-demand Airbnb in the detached home. All furniture and other items in the detached single-family home are negotiable with the sale.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.282859
- Latitude
- 30.459783
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Two triplexes and a single-family home near Florida State.
Where is this multifamily property located?
The property is located at 118 W 8th Avenue Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Turn‑key investment opportunity with immediate cash flow from 100% occupancy in triplexes and a high‑demand Airbnb.; Package deal: Two income‑producing triplexes and a detached single‑family home under one parcel.; Prime location in the desirable Levy Park area of Midtown Tallahassee, less than three miles from FSU and the State Capitol.
