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Renovated Multifamily with Detached Home

118 W 8th Avenue Tallahassee, FL 32303

118 W 8th Avenue, Tallahassee, FL, 32303
$1,150,000
For Sale
$1,150,000

MULTI_FAMILY - Other - Tallahassee, FL

Days on Market24

Property Features for 118 W 8th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
8
Rooms
Bedroom 5, Bathroom 6, Bedroom 7, Bathroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 7, Bathroom 2, Bathroom 8, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 5, Bathroom 3, Bedroom 2
Parking features
On Street, Assigned
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
Standard status
Active

Taxes and HOA fees

Tax Annual Amount
9709

Utilities

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

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
1519 Killearn Center Blvd, Tallahassee, FL
Listed by Velinda Hittinger · License #3473050
Added: Jun 24 Checked: Jul 17 at 7:06 am
MLS# 401636 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.


Investment Insights

Based on property information with market context.

This offering includes two income-producing triplex buildings and a detached single-family home, presented as renovated and turn-key. Each triplex features vaulted ceilings with exposed beams, an open main-floor layout, light-toned wood-plank flooring, and in-unit laundry. Residents also have individual back decks and access to unassigned parking. The detached home is configured with two bedrooms and two full bathrooms and includes original wood floors, a faux fireplace between the living room and a bedroom, and an eat-in kitchen with bar stool seating and a coffee nook. Bathroom features include a wood-grain double vanity, mosaic floor tiling, and a glass-enclosed walk-in shower with a gold rain shower head. Outside, the property includes a back deck area for grilling and outdoor use. Property maintenance has been addressed with newer AC units and professional tree mitigation intended to keep branches away from the roofs. All furniture and other items in the detached home are negotiable with the sale.

Located at 118 W 8th Avenue in Tallahassee, the detached home and triplex buildings are described as less than three miles from Florida State University and the Florida State Capitol.

With 100% occupancy across all triplex units described in the remarks, this property may appeal to buyers seeking a residential income package that can support both long-term triplex leasing and short-term rental use of the detached home, subject to buyer preference and ongoing operational requirements.

Key Highlights

  • 100% occupancy across all triplex units plus a detached home used as an Airbnb
  • Two income‑producing triplexes and one detached single‑family home
  • Detached home gross rent roll of approximately $30,000/year; long‑term triplex leases approximately $7,000/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office HVAC Service Grocery & Convenience Store Building Supply Electrical Service Auto Parts Store Home Appliance Store Plumbing Service Discount Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Turn-key two triplexes plus detached home with in-unit laundry, private decks, and recent system improvements near FSU.
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: 100% occupancy across all triplex units plus a detached home used as an Airbnb; Two income‑producing triplexes and one detached single‑family home; Detached home gross rent roll of approximately $30,000/year; long‑term triplex leases approximately $7,000/month
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