Renovated Triplex and Detached
For Sale
Under Contract
$1,150,000
118 W 8th Avenue, Tallahassee, FL 32303
Residential, Tallahassee, FL
Property SizeContact for details
Days on Market58
Property Features for 118 W 8th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 3, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 8, Bedroom 4, Bathroom 4, Bedroom 7, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 8, Bathroom 7
Parking features
Assigned, On Street
Security features
Security
Patio and Porch features
Patio, Deck
Interior features
TrayCeilings, VaultedCeilings, WindowTreatments
Exterior features
Deck
Appliances
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, RefrigeratorWithIceMaker, Washer
Subdivision
Lakeview Addition
Elementary school
RUEDIGER
Middle school
RAA
High school
LEON
Directions
North on Monroe St, L on W 8th Ave, Property is on the Right
Standard status
Active Under Contract
Taxes and HOA fees
Tax Annual Amount
9709
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Attic Fan, Ceiling Fan(s), 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 Agency:
Armor Realty, Inc
(850) 893-2525
Listed By:
Velinda Hittinger · License #3473050
(850) 545-7219
Added: Jun 24
Changed: Aug 19
Last Checked: Aug 20 at 2:06AM
MLS# 401636
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 renovated income property includes two triplexes and a detached single-family home. The detached home features two bedrooms and two full bathrooms, with original wood floors, a faux fireplace between the living room and bedroom, and an eat-in kitchen with bar stool seating and a coffee nook. One bathroom includes a wood-grain double vanity, mosaic floor tiling, and a glass-enclosed walk-in shower with a gold rain shower head, and the home also offers a back deck area.
Each triplex is designed with dramatic vaulted ceilings and an open main-floor concept, along with light-toned wood-plank flooring. The units include in-unit laundry, individual back decks, and unassigned parking spaces. Property maintenance has been addressed with newer AC units and professional tree mitigation intended to keep branches away from the roofs.
The offering is located at 118 W 8th Avenue in Tallahassee, within about three miles of Florida State University and the Florida State Capitol.
Each triplex is designed with dramatic vaulted ceilings and an open main-floor concept, along with light-toned wood-plank flooring. The units include in-unit laundry, individual back decks, and unassigned parking spaces. Property maintenance has been addressed with newer AC units and professional tree mitigation intended to keep branches away from the roofs.
The offering is located at 118 W 8th Avenue in Tallahassee, within about three miles of Florida State University and the Florida State Capitol.
Key Highlights
- Two income‑producing triplexes plus a detached single‑family home (3 total buildings) on one property package
- 100% occupancy reported across all triplex units, and the detached home is consistently booked as an Airbnb
- Approx. gross rent roll: detached home ~$30,000/year; long‑term triplex leases ~$7,000/month
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,400
Businesses Nearby
Explore this area
Business Placement
Demographics for 32303, FL
48,644
Population
24,864
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
95%
High-School Grad
34.8 sq mi
ZIP Area
1,398
Density / Sq Mi
$63,123
Median Household Income
$37,702
Median Earnings
$1,324
Median Rent
$204,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Renovated property with two triplexes and a detached single-family home, including in-unit laundry and separate outdoor decks.
Where is this triplex located?
The property is located at 118 W 8th Avenue Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two income‑producing triplexes plus a detached single‑family home (3 total buildings) on one property package; 100% occupancy reported across all triplex units, and the detached home is consistently booked as an Airbnb; Approx. gross rent roll: detached home ~$30,000/year; long‑term triplex leases ~$7,000/month
