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12-Unit Apartment Building
For Sale
$1,150,000

3112 Mission Rd, Tallahassee, FL 32303

Professionally managed multifamily property with fully leased one-bedroom residences across four adjacent parcels.

Property SizeContact for details
Days on Market194

Property Features for 3112 Mission Rd

General Information

Standard status Active
Property subtype MultiFamily Apartments
Occupancy 100%

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Building Details

Buildings 4
Listing Agency: Coldwell Banker Commercial Hartung & Noblin Inc.
Listed By: Jim Brockett · License #3112357
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 3:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Hartung & Noblin Inc.

Investment Insights

Based on property information with market context.

This multifamily offering comprises four adjacent parcels improved with four separate triplex buildings. The property contains 12 one-bedroom, one-bathroom apartments, with three units in each building. All units are currently leased, and most have been updated. The buildings are professionally managed, and most apartments are subject to 30-day notice provisions for vacating tenants.

The property is located at 3112 Mission Rd in Tallahassee, Florida. Its four-building configuration provides separate improvements across the assembled parcels while maintaining a unified 12-unit apartment operation.

Key Highlights

  • 12 total apartment units arranged in four separate triplex buildings
  • Four adjacent parcels included in the offering
  • Each apartment has 1 bedroom and 1 bathroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

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

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

347
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

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?
Apartment building - Professionally managed multifamily property with fully leased one-bedroom residences across four adjacent parcels.
Where is this apartment building located?
The property is located at 3112 Mission Rd Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 12 total apartment units arranged in four separate triplex buildings; Four adjacent parcels included in the offering; Each apartment has 1 bedroom and 1 bathroom
More about this property
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