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Quadplex with Assigned Parking
New
For Sale
$515,000

1844 Larette Drive, Tallahassee, FL 32301

Residential, Tallahassee, FL

Property SizeContact for details
Days on Market3

Property Features for 1844 Larette Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 8, Bedroom 7, Bathroom 3
Parking features Assigned
Appliances Dishwasher, Range, Refrigerator
Subdivision LIVE OAK HILL
Elementary school APALACHEE
Middle school FAIRVIEW
High school RICKARDS
Directions E Apalachee Pkwy, R Paul Russell, R Larette
Standard status Active
APN 12073-31-05-53- A-014-0

Taxes and HOA fees

Tax Annual Amount 5787

Utilities

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

Building Details

Year built 1979
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet
Building materials Cedar, RedwoodSiding
Architectural style Other
Listing Agency: Armor Realty, Inc
Listed By: Velinda Hittinger · License #3473050
Added: Oct 12 Last Checked: Oct 14 at 11:06PM
MLS# 405869

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 1979 quadplex contains four apartments, each with two bedrooms and one bathroom. The building has cedar and redwood siding, vinyl and carpet flooring, central electric heat, and central air conditioning with ceiling fans. Dishwashers, ranges, and refrigerators are included, and parking is assigned. Half of the units are occupied.

The property is in Tallahassee, just off Apalachee Parkway and Old St. Augustine Road. Whole Foods, Starbucks, and shopping along the Parkway are a three-minute drive away.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • 50% occupied
  • Built in 1979

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Building Supply Parking Lot & Garage Kitchen & Bath Showroom Electrical Service 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
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

402
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
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom apartments are arranged in a residential setting, with half of the units occupied.
Where is this quadplex located?
The property is located at 1844 Larette Drive Tallahassee, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 50% occupied; Built in 1979
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