Triplex with Separate Rental
New
For Sale
$655,000
1501 Grape Street, Tallahassee, FL 32303
Residential, Tallahassee, FL
Property SizeContact for details
Days on Market3
Property Features for 1501 Grape Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 5, Basement, Bedroom 4, Bedroom 2
Parking features
Assigned
Patio and Porch features
Porch
Interior features
SunRoom, WalkInClosets, WindowTreatments
Exterior features
Storage
Fireplace
1
Appliances
Dryer, Disposal, Microwave, Range, Refrigerator, RefrigeratorWithIceMaker, Washer
Subdivision
HIGHWAY PARK
Elementary school
Kate Sullivan Elementary
Middle school
COBB
High school
LEON
Directions
Thomasville Road to Grape Street or 9th Avenue. House on Corner of 9th & Grape
Standard status
Active
APN
12073-11-30-57-000-039-0
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
3040
Utilities
Heating system
Natural Gas, Wood
Cooling system
Gas (Cooling), Ceiling Fan(s)
Amenities
screened porches
landscaped yard
Building Details
Year built
1942
Floors in Building
2
Number of units
3
Flooring type
Clay, Tile, Wood, Carpet
Building materials
FiberCement
Architectural style
Other
Additional Structures
Shed(s), Storage
Listing Agency:
Coldwell Banker Hartung
(850) 386-6160
Listed By:
Caroline Tharpe Weiss Llc · License #3127334
(850) 251-1170
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 29 at 6:06PM
MLS# 406457
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.
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Investment Insights
Based on property information with market context.
The property combines a main residence, a separately accessed guest suite with its own bathroom, and an independent second-floor apartment. The main home has two primary suites, one upstairs and one downstairs, plus an office. The apartment includes two bedrooms, two bathrooms, a kitchen, living area, private entrance, and porch; it is used as a long-term rental. The guest suite is used for short-term stays. The main building measures 1,988 SF, with an additional 752 SF in the apartment. Originally built in 1942, the property was rebuilt in the 1990s while retaining its original foundation, fireplace, and two walls. Wood floors and three screened porches are among its other features.
Whole Foods, 9th & Terrace Park, and Midtown restaurants and shops are within walking distance. The landscaped yard provides outdoor space alongside the porches.
Whole Foods, 9th & Terrace Park, and Midtown restaurants and shops are within walking distance. The landscaped yard provides outdoor space alongside the porches.
Key Highlights
- Independent second‑floor apartment measures 752 SF and has 2 bedrooms, 2 bathrooms, kitchen, living area, private entrance, and porch
- Main building measures 1,988 SF
- Separately accessed guest suite with its own bathroom is used for short‑term rentals
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,981
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - An independent upstairs apartment and separately entered guest suite provide distinct rental configurations.
Where is this triplex located?
The property is located at 1501 Grape Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Independent second‑floor apartment measures 752 SF and has 2 bedrooms, 2 bathrooms, kitchen, living area, private entrance, and porch; Main building measures 1,988 SF; Separately accessed guest suite with its own bathroom is used for short‑term rentals
