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4-Unit Multifamily Property
New
For Sale
$525,000

1550 E WASHINGTON Street, Monticello, FL 32344

Residential, Monticello, FL

Property SizeContact for details
Days on Market2

Property Features for 1550 E WASHINGTON Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 8, Bathroom 6, Bathroom 7, Bedroom 1, Bedroom 7, Bathroom 1, Bathroom 3, Bathroom 5, Bedroom 2, Bathroom 8, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
Parking features Assigned
Patio and Porch features Patio
Interior features WalkInClosets
Exterior features Storage
Appliances Microwave, Range, Refrigerator
Elementary school Jefferson County K-12 Schools
Middle school Jefferson County K-12 School
High school Jefferson County K-12 School
Directions from us 90 turn east 1 mile, property on right across from church
Subdivision Jefferson
Standard status Active
APN 12065-29-2N-5E-0000-0530-0000

Utilities

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

Building Details

Year built 1950
Floors in Building 1
Number of units 4
Flooring type Vinyl
Building materials Brick, Block, Concrete
Architectural style Other
Additional Structures Storage, Shed(s)
Listing Agency: Keller Williams Town & Country
Listed By: Bruce Foster · License #3358939
Added: Oct 14 Last Checked: Oct 15 at 9:06AM
MLS# 405971

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 multifamily property comprises four buildings with one residence in each. Every unit has two bedrooms, two full bathrooms, and an open kitchen and living area. A 2022 rebuild updated the roofs, HVAC, electrical and plumbing systems, insulation, drywall, vinyl plank flooring, appliances, cabinetry, and light fixtures. Construction materials include brick, block, and concrete.

The property is in Monticello, Florida, less than 20 miles from the Amazon warehouse identified in the listing information.

Key Highlights

  • Four buildings with one residential unit in each
  • Each unit has 2 bedrooms, 2 full bathrooms, and an open kitchen and living area
  • Rebuilt and updated in 2022, including roofs, HVAC, electrical, and plumbing

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Storage Facility Law Firm Garden Center Bakery

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

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 32344, FL

12,705
Population
5,988
Households
2.1
Avg Household Size
49
Median Age
21%
College-Educated
87%
High-School Grad
444.6 sq mi
ZIP Area
29
Density / Sq Mi
$52,222
Median Household Income
$37,131
Median Earnings
$776
Median Rent
$208,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four separate residences were comprehensively rebuilt in 2022 with updated building systems and interior finishes.
Where is this multifamily property located?
The property is located at 1550 E WASHINGTON Street Monticello, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four buildings with one residential unit in each; Each unit has 2 bedrooms, 2 full bathrooms, and an open kitchen and living area; Rebuilt and updated in 2022, including roofs, HVAC, electrical, and plumbing
More about this property
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