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4-Unit Quadplex with Metal Roof
New
For Sale
$450,000

2510 Fred Smith Road, Tallahassee, FL 32303

Residential, Tallahassee, FL

Property SizeContact for details
Days on Market4

Property Features for 2510 Fred Smith Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 7, Bathroom 1, Bedroom 5, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 5, Bathroom 3, Bedroom 3
Parking features Assigned
Appliances Dishwasher, Range, Refrigerator, RefrigeratorWithIceMaker
Subdivision Lake Jackson Farms
Elementary school RUEDIGER
Middle school GRIFFIN
High school LEON
Directions Monroe St S, R Calloway, R Fred Smith
Standard status Active
APN 12073-21-14-20-625-000-0

Utilities

Heating system Central
Cooling system Central Air

Building Details

Floors in Building 1
Number of units 4
Flooring type Vinyl
Building materials Block, Concrete, Stucco
Architectural style Other
Listing Agency: Realty One Group Next Gen
Listed By: Danielle Andrews · License #3367252
Added: Oct 5 Changed: Oct 8 Last Checked: Oct 8 at 3:06PM
MLS# 405685

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 property has a metal roof and block, concrete, and stucco construction. Central heating and air conditioning serve the units, which feature vinyl flooring and include ranges, refrigerators, and dishwashers. Assigned parking is provided. HVAC and electrical work was completed in 2024 under City of Tallahassee permits.

The property is on Fred Smith Road in Tallahassee, between Monroe Street and Old Bainbridge Road. All four units are leased through February 2027.

Key Highlights

  • Four units, all leased through February 2027
  • HVAC systems and electrical work updated in 2024 under City of Tallahassee permits
  • Metal roof

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Real Estate Agency Bakery Plumbing 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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

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
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?
Quadplex - All four residences are leased through February 2027, with central heating and air conditioning in place.
Where is this quadplex located?
The property is located at 2510 Fred Smith Road Tallahassee, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four units, all leased through February 2027; HVAC systems and electrical work updated in 2024 under City of Tallahassee permits; Metal roof
More about this property
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