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    Tallahassee, FL Multifamily Properties for Sale

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    6-Unit Apartment Building
    Updated: Oct 5
    6-Unit Apartment Building

    2401 JACKSON BLUFF Road, Tallahassee, FL 32304

    $1,379,500
    0.45 AC lot
    Six condominium units, each with 3 bedrooms and 3 bathrooms
    18 bedrooms and 18 bathrooms across the property
    Renovated units
    0.45‑acre property with frame construction
    Central air and public water
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    Renovated 8-Unit Apartment Building
    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 offers 2 bedrooms and 1 bath
    Fully furnished units with quartz countertops and stainless steel appliances
    In‑unit washer/dryers and individually metered utilities
    New low‑slope roof, HVAC, plumbing, and electrical systems
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    Renovated 13-Unit Apartment Complex
    Renovated 13-Unit Apartment Complex

    1533 S Bronough Street, Tallahassee, FL 32301

    $1,900,000
    0.30 AC lot

    Two renovated buildings provide student-oriented apartments with onsite laundry and a mix of one- and two-bedroom layouts.

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    Scored against comparables nationwide. These are worth a look.

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    13-Unit Renovated Apartment Buildings
    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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    13-Unit Renovated Apartment Complex
    13-Unit Renovated Apartment Complex

    1533 S Bronough Street, Tallahassee, FL 32301

    $1,900,000
    0.15 AC lot

    Two renovated two-story buildings include onsite laundry and central HVAC.

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    Quadplex with Assigned Parking
    Quadplex with Assigned Parking

    1844 Larette Drive, Tallahassee, FL 32301

    $515,000

    Four two-bedroom apartments are arranged in a residential setting, with half of the units occupied.

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    Renovated Duplex With Studio Space
    Renovated Duplex With Studio Space

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

    $650,000

    Flexible two-unit property with a renovated residence and adjoining open studio near downtown and university campuses.

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    Mobile Home Park with 15 Sites
    Mobile Home Park with 15 Sites

    1802 Shadow Run Loop, Tallahassee, FL 32305

    $850,000
    6,360 sqft 5.00 AC lot

    Well-maintained park with 15 mobile home sites; 12 currently occupied generating monthly rental income.

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    Renovated Triplex with Decks
    Renovated Triplex with Decks

    302 Vantage Point Lane, Tallahassee, FL 32301

    $549,999

    Three updated residences offer private outdoor areas, attached utility rooms, and assigned parking in a quiet, tree-lined setting.

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    Two-Building Multifamily Property
    Two-Building Multifamily Property

    601 Pope Street, Tallahassee, FL 32304

    $1,500,000

    Both buildings are vacant, allowing the next owner to set a leasing strategy.

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    Renovated 8-Unit Multifamily Property
    Renovated 8-Unit Multifamily Property

    643 Kissimmee St, Tallahassee, FL 32310

    $1,790,000
    5,800 sqft

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

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    4-Unit Quadplex with Metal Roof
    4-Unit Quadplex with Metal Roof

    2510 Fred Smith Road, Tallahassee, FL 32303

    $450,000

    All four residences are leased through February 2027, with central heating and air conditioning in place.

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    Two-Unit Duplex with Separate Kitchens
    Two-Unit Duplex with Separate Kitchens

    5863 Nightingale Loop, Tallahassee, FL 32311

    $375,000

    Two self-contained residences offer private living areas, laundry spaces, and kitchens within one income-producing property.

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    New Construction Student Housing Triplex
    New Construction Student Housing Triplex

    1735 Jacksonbluff Rd, Tallahassee, FL 32311

    $3,000,000
    6,009 sqft

    Fully leased three-unit housing property near Doak Campbell Stadium.

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    2-Unit Duplex with Updated Systems
    2-Unit Duplex with Updated Systems

    719 & 721 N Gadsden Street, Tallahassee, FL 32303

    $425,000

    One residence is vacant, while the other is occupied under a one-year lease.

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    Bungalow Duplex with Screened Porches
    Bungalow Duplex with Screened Porches

    1618 Branch Street, Tallahassee, FL 32303

    $229,900

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

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    Renovated Five-Unit Apartment Building
    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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    Four-Unit Quadplex
    Four-Unit Quadplex

    1519 WILLOW BEND Way, Tallahassee, FL 32301

    $549,990

    Four residences feature two-bedroom, one-bath layouts, assigned parking, central systems, and private deck space.

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    Four-Unit Quadplex
    Four-Unit Quadplex

    1844 Larette Dr, Tallahassee, FL 32301

    $515,000
    3,422 sqft

    Each residence offers a two-bedroom, one-bathroom layout in an established Tallahassee neighborhood.

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    Duplex With Two Mobile Homes
    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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    Duplex with Loft Studio
    Duplex with Loft Studio

    610 /612 W 8th Ave, Tallahassee, FL 32303

    $699,000
    1,350 sqft

    Two-unit property combining a renovated residence with a flexible live/work-style studio and separate kitchen and bath.

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    Two-Unit Duplex with Carport
    Two-Unit Duplex with Carport

    2430 & 2432 Atlas Road, Tallahassee, FL 32303

    $215,000

    One residence is vacant, while the other has a long-term tenant.

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    Fully Renovated Triplex
    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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    Renovated Triplex and Detached Home
    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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    Tallahassee, FL Multifamily Properties Market Trends and Statistics

    Explore 95 multifamily properties for sale in Tallahassee, FL, showcased through 95 active listings on our real estate platform. These investment opportunities span a total of 311,484 square feet of properties for sale, with an estimated market value of $63,285,488.

    Sale prices for multifamily properties in Tallahassee, FL start at $169,900, averaging $719,153, 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

    Duplexes 40
    Apartment buildings 20
    Triplexes 15
    Quadplexes 11
    Mobile home & RV parks 5

    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 $692.1K
    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.

    How Realmo verifies these figures

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    Popular Searches in Tallahassee, FL

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    Most Searched ZIP Codes in Tallahassee, FL

    • 32301
    • 32304
    • 32303
    • 32305
    • 32311
    • 32310
    • 32308
    • 32312

    Featured Tallahassee Real Estate Agencies

    Realmo connects you with licensed Tallahassee CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Town and Country Realty
    1520 KILLEARN CENTER BLVD. Tallahassee, FL
    Phone: 18502014663
    www.tallahasseekw.com
    Coldwell Banker Hartung and Noblin
    3303 Thomasville Rd Tallahassee, FL 32308
    Phone: 18503866160
    www.coldwellbankertallahassee.com
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