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    2309/ S Meridian St Tallahassee, FL 32301

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    For Sale
    $199,000

    Charming 4-bedroom duplex near downtown Tallahassee with income potential.

    Lot size:
    0.19 Acres

    Property Features for 2309/ S Meridian St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1965

    Source: MLSB THE BUREAU POWERED BY CAROM REALTY Agent Yeshin Maungyoo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tallahassee Brick Duplex For Sale

    This brick duplex is located in Tallahassee. The property contains 1,362 square feet and is situated on a 0.19-acre lot. The duplex has two units. Each unit is currently tenant-occupied and rents for $1,000 per month, generating a total rental income of $2,000 per month. The property features a spacious layout, ample natural light, and off-street parking. The property is located near downtown, shopping, and Florida A&M University, making it suitable for investors or owner-occupants looking to offset their mortgage with rental income.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.2768494
    Latitude
    30.4178052

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    FAQs

    What type of property is this?
    Duplex - Charming 4-bedroom duplex near downtown Tallahassee with income potential.
    Where is this duplex located?
    The property is located at 2309/ S Meridian St Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - High rental income potential: $2,000/month total from two units.; - Duplex configuration: Two units under one roof.; - Convenient location: Near downtown, shopping, and Florida A&M University.
    (561) 405-0100
    Request Owner's contact information
    2309/ S Meridian St Tallahassee, FL 32301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2309/ S Meridian St Tallahassee, FL 32301
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