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    Tallahassee, FL Multifamily Properties for Sale

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    Crestview, FL Woodville, FL Crawfordville, FL
    69 results
    Two Homes on Large Lot
    $375,000
    1,634 SF

    Two Homes on Large Lot

    1118 Pichard Drive, Tallahassee, FL 32311

    Two homes on a .63 acre lot in Tallahassee.

    • Two Homes on a Large .63 Acre Lot
    • Zoned R‑3 Residential with Potential to Add Units (Buyer to Verify)
    • Great Investment Opportunity: Airbnb, Student Rental, or Multifamily
    • Unit A: 3 Bedroom, 2.5 Bath (1634 SQ FT) with Updated Kitchen and Baths
    • Unit B: 3 Bedroom, 1 Bath (902 SQ FT)
    Updated: Apr 16
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    Duplex Near Florida State University
    $695,000
    3,280 SF

    Duplex Near Florida State University

    803 W Georgia Street, Tallahassee, FL 32304

    Well-maintained duplex near FSU with leases in place.

    • Prime Location: Steps from Florida State University, ensuring high demand.
    • Immediate Cash Flow: Fully occupied units with leases in place through 2026 and 2027, rents increasing to $2,600/month this July.
    • Modern Construction: Built in 2012, offering a well‑maintained property.
    • Spacious Units: Two 4BR/4BA units, approximately 1,640 SF each (3,280 SF total).
    • Desirable Amenities: Granite countertops, stainless steel appliances, and in‑unit washer/dryer.
    Updated: Apr 28
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    Four-Unit Turnkey Detached Rental Homes
    $724,900

    Four-Unit Turnkey Detached Rental Homes

    Four newly renovated, detached houses on a shared parcel with dedicated parking and low-maintenance, long-term rental appeal.

    8034-8040 N Baby Farm Dr, Tallahassee, FL 32310
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    Student Housing Investment Opportunity
    $1,900,000
    750 SF

    Student Housing Investment Opportunity

    13-unit apartment complex near Florida A&M University.

    1533 S Bronough Street, Tallahassee, FL 32301
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    Four Unit Multifamily Investment Property
    $495,000

    Four Unit Multifamily Investment Property

    Two duplexes, four units, being sold together in Tallahassee.

    1402 Nylic Street, Tallahassee, FL 32304
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    Classic Home with Income Potential
    $585,000

    Classic Home with Income Potential

    Queen Ann home with two additional dwelling units.

    727 Miccosukee Road, Tallahassee, FL 32308
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    Four-Unit Multifamily Investment Opportunity
    $550,000
    0.98 Acres

    Four-Unit Multifamily Investment Opportunity

    Two duplexes with four units on 0.98 acres.

    315-317 E Jennings Street, Tallahassee, FL 32301
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    Tallahassee Duplexes Near FSU
    $495,000

    Tallahassee Duplexes Near FSU

    Two duplexes near FSU, generating $4,480 monthly rental income.

    910 Wadsworth Street, Tallahassee, FL 32304
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    Renovated Multifamily Asset Near Universities
    $1,998,000
    0.37 Acres

    Renovated Multifamily Asset Near Universities

    Fully renovated 8-unit multifamily property near universities in Tallahassee, Florida.

    643 Kissimmee Street, Tallahassee, FL 32310
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    Student Housing Apartment Complex
    $1,900,000
    750 SF

    Student Housing Apartment Complex

    13-unit apartment complex near Florida A&M University.

    1533 S Bronough Street, Tallahassee, FL 32301
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    Turnkey Quadruplex Near FSU
    $525,000
    3,424 SF

    Turnkey Quadruplex Near FSU

    Quadruplex with four units near FSU, FAMU, and TCC.

    1312 Nylic Street, Tallahassee, FL 32304
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    Turn-Key Investment Opportunity in Tallahassee
    $1,225,000

    Turn-Key Investment Opportunity in Tallahassee

    Two triplexes and a single-family home near Florida State.

    118 W 8th Avenue, Tallahassee, FL 32303
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    Tallahassee Quadplex in Established Neighborhood
    $550,000

    Tallahassee Quadplex in Established Neighborhood

    Four units, two bedrooms, one bath. Convenient location.

    1844 Larette Drive, Tallahassee, FL 32301
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    Historic Home with Income Potential
    $650,000
    1.00 Acre

    Historic Home with Income Potential

    Restored home with apartments, large lot, and modern amenities.

    1408 Pullen Road, Tallahassee, FL 32303
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    Tallahassee Multifamily Portfolio for Sale
    $1,790,000

    Tallahassee Multifamily Portfolio for Sale

    13-unit multifamily portfolio in Tallahassee offered with owner financing.

    2325 Tina, Tallahassee, FL 32301
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    Turnkey Student Quad Near FSU
    $295,000
    1,560 SF

    Turnkey Student Quad Near FSU

    Four efficiency units near FSU, generating immediate rental income.

    908 Buena Vista Drive, Tallahassee, FL 32304
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    Tallahassee Duplex: Investor Opportunity
    $250,000

    Tallahassee Duplex: Investor Opportunity

    Duplex in quiet neighborhood near FSU, TCC, and airport.

    5524 SULLIVAN Road, Tallahassee, FL 32310
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    Updated Duplex with Rental History
    $385,000

    Updated Duplex with Rental History

    Low-maintenance duplex in Tallahassee with strong rental history.

    3422 Orlando Drive, Tallahassee, FL 32311
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    Renovated Duplex Near Downtown
    $375,000

    Renovated Duplex Near Downtown

    Income-producing duplex near downtown, universities, and state offices.

    2243 S Meridian Street, Tallahassee, FL 32301
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    Tallahassee Quadplex: Live for Free
    $549,900

    Tallahassee Quadplex: Live for Free

    Well-maintained quadplex near universities, offering income and owner-occupancy potential.

    1595 WILLOW BEND Way, Tallahassee, FL 32301
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    Two Homes in Downtown Tallahassee
    $325,000

    Two Homes in Downtown Tallahassee

    Two homes on one property near parks and downtown.

    603/605 E Seaboard Street, Tallahassee, FL 32301
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    Tallahassee Quadraplex Investment Opportunity
    $550,000
    756 SF

    Tallahassee Quadraplex Investment Opportunity

    Fully rented quadraplex near downtown Tallahassee and TMH.

    416 Belmont Road, Tallahassee, FL 32301
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    Renovated Duplex Near Universities
    $199,900

    Renovated Duplex Near Universities

    Fully renovated, leased duplex near FSU and FAMU.

    1322 California Street, Tallahassee, FL 32304
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    Midtown Duplex For Investor/Homeowner
    $525,000

    Midtown Duplex For Investor/Homeowner

    Midtown duplex with two 3BR/2Bath units, garages, separate backyards.

    255 N VILLAS CT, Tallahassee, FL 32303
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    Tallahassee, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Tallahassee, FL, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 312,806 square feet of properties for sale, with an estimated market value of $55,781,850.

    Sale prices for multifamily properties in Tallahassee, FL start at $125,000, averaging $2,789,092, and reaching up to $31,000,000 — 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

    Duplexes 32
    Apartment buildings 18
    Quadplexes 13
    Triplexes 4
    Short term rental properties 3

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    32305 $169.9K
    32312 $675K
    32303 $932.4K
    32310 $939.8K
    32304 $1M

    Taxes & Financing

    Tax Rate (average for all types) 1.79%
    Property Tax per SF $27.32 per sq ft
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Tallahassee, FL

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