Tallahassee, FL Multifamily Properties for Sale

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Updated: May 16

Renovated 8-Unit Apartment Building

643 Kissimmee Street, Tallahassee, FL 32310

$1,790,000

0.37 AC lot

8‑unit apartment property on 0.37 acres
Each unit has 2 bedrooms and 1 bath
Fully furnished units with quartz countertops and stainless steel appliances
In‑unit washer/dryers, LVP flooring, and individually metered utilities
New low‑slope roof, HVAC, plumbing, and electrical systems

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Updated: Mar 13

Renovated Apartment Buildings

1533 S Bronough Street, Tallahassee, FL 32301

$1,900,000

0.30 AC lot

13‑unit apartment complex across two renovated, two‑story buildings
Unit mix includes twelve 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
Twelve of thirteen units are leased; one 2/1 unit is available for lease
Apartment sizes are approximately 750 sq. ft. and 600 sq. ft.
Onsite laundry facilities serve both buildings

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Renovated 13-Unit Apartment Building

1533 S Bronough Street, Tallahassee, FL 32301

$1,900,000

0.15 AC lot

Two renovated buildings offer student-oriented housing with onsite laundry and central heating and cooling.

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13-Unit Renovated Apartment Buildings

1533 S Bronough St, Tallahassee, FL 32301

$1,900,000

9,262 sqft

Two-story student-oriented apartments with onsite laundry near Florida A&M University and Downtown Tallahassee.

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New-Construction Duplex with Luxury Finishes

226 E Bradford Road, Tallahassee, FL 32303

$779,900

Two residences offer upscale finishes, walk-in pantries, modern appliances, and patio space in a newly built duplex.

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Five-Unit Apartment Building

629 E Park Avenue, Tallahassee, FL 32301

$725,000

Renovated multifamily property with hardwood floors, in-unit laundry, and central HVAC and cooling.

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Renovated Triplex with Private Decks

302 Vantage Point Lane, Tallahassee, FL 32301

$549,999

Fully renovated triplex with new metal roof, siding, windows, and each unit offering a private deck and patio.

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Renovated 8-Unit Multifamily Property

643 Kissimmee St, Tallahassee, FL 32310

$1,890,000

5,800 sqft

Fully furnished residences feature modern finishes, private laundry, and individually metered utilities near Tallahassee’s universities.

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Renovated Duplex with Loft Studio

610/612 W 8TH Avenue, Tallahassee, FL 32303

$739,000

Two distinct units support flexible living, guest, rental, and creative-use arrangements near downtown.

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Occupied 4-Unit Quadplex

202 E Bradford Road, Tallahassee, FL 32303

$579,900

All units are leased, with brick construction and assigned parking.

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Renovated Five-Unit Apartment Building

629 E Park Ave, Tallahassee, FL 32301

$725,000

3,612 sqft

Updated multifamily property near downtown with hardwood flooring, private laundry appliances, and refreshed major building systems.

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Duplex with Covered Deck

2518 Hastings Drive, Tallahassee, FL 32303

$350,000

Two-level configuration offers separate living areas, a second kitchen, and a fenced yard with storage improvements.

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Bungalow Duplex with Screened Porches

1618 Branch Street, Tallahassee, FL 32303

$249,000

Two units share front and screened rear porches, with refreshed bathrooms, flooring, and water heaters.

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Fully Renovated Triplex

302 Vantage Point Ln, Tallahassee, FL 32301

$549,999

2,208 sqft

Three residences offer updated interiors, private outdoor areas, and attached laundry rooms with washer and dryer connections.

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Duplex With Two Mobile Homes

6010 La France Road, Tallahassee, FL 32305

$175,000

Two livable residences share a parcel with storage, covered vehicle shelter, decks, and screened porches.

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Renovated Triplex and Detached Home

118 W 8th Avenue, Tallahassee, FL 32303

$1,150,000

Renovated property with two triplexes and a detached single-family home, including in-unit laundry and separate outdoor decks.

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Two-Home Multifamily Property

6010 La France Rd, Tallahassee, FL 32305

$175,000

1,882 sqft

Includes separate residences, storage space, and covered vehicle parking on a wooded residential parcel.

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Triplex with New Roof and HVAC

1208 Springsax Road, Tallahassee, FL 32305

$355,000

Fully leased triplex with brick construction, newer roof and HVAC, and three long-term tenants in place.

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Mobile Home Park With Warehouse

1634 Rankin Ave, Tallahassee, FL 32310

$350,000

3,696 sqft 4.32 AC lot

Four mobile homes and an on-site warehouse occupy an R-3-zoned property with redevelopment provisions.

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Four-Unit Residential Quadplex

1844 Larette Drive, Tallahassee, FL 32301

$525,000

1979 multifamily property with central HVAC, assigned parking, and standard kitchen appliances.

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Townhome Duplex with Ensuite Bedrooms

542 & 544 Collinsford Rd, Tallahassee, FL 32301

$468,000

2,746 sqft

Two attached residences combine bedroom privacy, guest facilities, and flexible layouts across a paired townhome configuration.

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Quadplexes with Fenced Backyards

8034-8040 N Baby Farm Dr, Tallahassee, FL 32310

$724,900

Four detached, fully renovated 3-bedroom homes on a shared 1.9-acre parcel with fenced, double-gated outdoor space and dedicated parking.

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Four-Unit Apartment Building

1011 Abraham St, Tallahassee, FL 32304

$299,900

3,172 sqft

Two units have updated interiors, while two others require renovation and major system work.

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13-Unit Student Housing Apartment Complex with Laundry

1533 S Bronough Street, Tallahassee, FL 32301

$1,900,000

Two-building 13-unit complex with onsite laundry, central HVAC, and 12 of 13 units currently leased.

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Tallahassee, FL Multifamily Properties Market Trends and Statistics

Explore 118 multifamily properties for sale in Tallahassee, FL, showcased through 118 active listings on our real estate platform. These investment opportunities span a total of 337,556 square feet of properties for sale, with an estimated market value of $57,653,538.

Sale prices for multifamily properties in Tallahassee, FL start at $169,900, averaging $703,091, and reaching up to $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 295K

Population Growth (5Y) +0.9%

Median Household Income $70,585

College Educated 33.2%

High-Yield Neighborhoods for Investment

Identify Tallahassee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Tallahassee - 32301	$697.5K
Defuniak Springs - 32433	$1.3M

Taxes & Financing

Tax Rate (average for all types) 1.79%

Property Tax per SF $27.32 per SF

Tax Rate vs County Average 0.07 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Leon County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Tallahassee fall within the 100,000+ square foot range.

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