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2-Unit Duplex with Updated Systems
New
For Sale
$425,000

719 & 721 N Gadsden Street, Tallahassee, FL 32303

Residential, Tallahassee, FL

Property SizeContact for details
Days on Market4

Property Features for 719 & 721 N Gadsden Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking features Assigned
Patio and Porch features Deck
Exterior features Deck
Appliances Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Subdivision -
Elementary school Kate Sullivan Elementary
Middle school COBB
High school LEON
Directions North on Gadsden, Property On Right Side after Brevard Street
Standard status Active
APN 12073-21-25-20-437-000-0

Utilities

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

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet
Building materials Block, Concrete, Stucco
Architectural style Other
Listing Agency: The Naumann Group Real Estate
Listed By: Cole Davis · License #3357739
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 9:06PM
MLS# 405901

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.

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Investment Insights

Based on property information with market context.

This Tallahassee duplex at 719 and 721 N Gadsden Street contains two matching residences, each with two bedrooms, one bathroom, a living area, and a kitchen. A deck and assigned parking are among the property features. The roof was replaced in 2023, and the HVAC units were updated in 2023 and 2024.

One unit is vacant; the other is occupied under a one-year lease. The property was built in 1958 and has block, concrete, and stucco construction, with vinyl and carpet flooring.

Key Highlights

  • Two matching units, each with 2 bedrooms and 1 bathroom
  • Roof replaced in 2023
  • HVAC units updated in 2023 and 2024

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service Carpet & Flooring Store Discount Store Auto Parts Store Butcher

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,953
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One residence is vacant, while the other is occupied under a one-year lease.
Where is this duplex located?
The property is located at 719 & 721 N Gadsden Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two matching units, each with 2 bedrooms and 1 bathroom; Roof replaced in 2023; HVAC units updated in 2023 and 2024
More about this property
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