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Updated Four-Unit Quadplex
For Sale
$290,000

2241 W Pensacola, Tallahassee, FL 32304

Residential, Tallahassee, FL

Property SizeContact for details
Days on Market101

Property Features for 2241 W Pensacola

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking features Assigned
Pool private 1
Interior features WindowTreatments
Exterior features FullyFenced
Fencing Fenced
Appliances Microwave, Range, Refrigerator
Subdivision The Village
Elementary school SABAL PALM
Middle school NIMS
High school GODBY
Directions West Pensacola to The Village. In the complex, first right and its the quad at the end on the right.
Standard status Active

Taxes and HOA fees

Tax Annual Amount 3092
HOA Fee $12,000 Annually

Utilities

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

Amenities

community pool

Building Details

Year built 1968
Floors in Building 1
Number of units 4
Flooring type Concrete
Building materials Block, Concrete
Architectural style Other
Listing Agency: Solid Ground Real Estate Group
Listed By: Jason Reese · License #3119441
Added: Jul 6 Changed: Oct 8 Last Checked: Oct 14 at 10:06PM
MLS# 402069

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.

Located at 2241 W Pensacola in Tallahassee, this quadplex includes four updated one-bedroom, one-bathroom condo units offered together. The property was built in 1968 and features block and concrete construction, concrete flooring, central electric heating and cooling, ceiling fans, assigned parking, fencing, and standard kitchen appliances. Recent improvements include new ductwork and upgraded insulation completed last year.

The units are positioned near colleges, shopping, dining, and major businesses. HOA services cover exterior maintenance, including the roofs and parking lots, and residents have access to a community pool. The property also has a history of consistent occupancy and rental performance. Showings require 24 hours' notice.

Key Highlights

  • Four one‑bedroom, one‑bathroom condo units sold together
  • New ductwork and upgraded insulation completed last year
  • HOA covers exterior maintenance, roofs, and parking lots

Property Analytics

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Current Use

The Village Condominiums Condominium Complex JD STOCKS Financial Advisor Urban Grow Group Consultant

Suggested Use

Top Pick Dental Office Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service

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

552
Businesses Nearby

Demographics for 32304, FL

50,007
Population
23,296
Households
2.1
Avg Household Size
25
Median Age
36%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
3,290
Density / Sq Mi
$30,823
Median Household Income
$14,475
Median Earnings
$1,132
Median Rent
$147,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Grouped rental residences with recent mechanical improvements and HOA-managed exterior maintenance.
Where is this quadplex located?
The property is located at 2241 W Pensacola Tallahassee, FL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom condo units sold together; New ductwork and upgraded insulation completed last year; HOA covers exterior maintenance, roofs, and parking lots
More about this property
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