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Updated Four-Unit Quadplex
For Sale
$550,000

1402 Ramble Brook, Tallahassee, FL 32301

Residential, Tallahassee, FL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market194

Property Features for 1402 Ramble Brook

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 5, Bathroom 4, Bedroom 8, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 2
Parking features Assigned
Interior features Pantry
Appliances Dryer, Dishwasher, Range, Refrigerator, RefrigeratorWithIceMaker, Washer
Subdivision WHISPERING WOODS UNREC
Elementary school CONLEY ELEMENTARY
Middle school FAIRVIEW
High school RICKARDS
Directions Blairstone So of Old St. Aug Rd & So of Hilaman Golf Course, on left before Orange Ave.
Standard status Active
APN 12073-31-08-16- 4-00A-0
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 5553
HOA Fee $2,160 Annually

Utilities

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

Building Details

Year built 1978
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet
Building materials Frame, Stucco
Architectural style Other
Listing Agency: Joan H. Raley, Realtor
Listed By: Joan Raley · License #0189512
Added: Feb 26 Changed: Sep 3 Last Checked: Sep 8 at 5:06PM
MLS# 404160

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 four-unit residential property contains four two-bedroom, one-bath apartments on approximately 0.22 acres. Each apartment was updated during 2022-2023, with newer kitchen appliances, washers and dryers, and select HVAC systems and water heaters. The roof was replaced in 2022. Construction is frame and stucco, with carpet and vinyl flooring, central electric heating, central air conditioning, and ceiling fans. Assigned parking serves the units.

Located at 1402 Ramble Brook in Tallahassee, the property is positioned in Whispering Woods between St. Augustine Road and Orange Avenue, with access to nearby Southwood and downtown employment areas. The apartments are currently fully occupied, with lease renewals approaching. HOA services include a garbage dumpster, general lawn care, and maintenance of the private road and parking areas; those surfaces were repaved in approximately 2024.

Key Highlights

  • Four 2/1 apartments, all currently occupied
  • Unit updates completed during 2022‑2023
  • Roof replacement completed in 2022

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Restaurant Hair Salon Real Estate Agency Building Supply Pharmacy Big Box & Wholesale Store

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby

Demographics for 32301, FL

29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
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 occupied two-bedroom apartments feature recent updates, in-unit laundry, assigned parking, and central air conditioning.
Where is this quadplex located?
The property is located at 1402 Ramble Brook Tallahassee, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four 2/1 apartments, all currently occupied; Unit updates completed during 2022‑2023; Roof replacement completed in 2022
More about this property
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