723 Efferson St Tallahassee, FL 32303
For Sale
1 / 13
Mix of 1 Duplex, 6 Townhomes, 5 Single Family Homes- Investment Portfolio Total of 12 properties (13 units) Rent Roll provided by agent Owner financing available RENT ROLL AVAILABLE UPON REQUEST Will not divide Tallahassee Properties: 2325 Tina Dr 2555 McElroy St 2472 Talco Hills Dr. #A 2835 Botany Pl 2851 Botany Pl 2808 Botany Pl 723 Efferson St 3000 Mock Dr 3013 Prospect St 2142 Saxon St 2324 Holton St 726 Wies St 12 Property portfolio, 13 units $130,000 per door. Owner Financing avail. WAC, and substantial down payment. Rents are currently under market. 3 units are currently vacant. ALL PROPERTIES MUST BE SOLD TOGETHER, INDIVIDUALLY THE PROPERTIES ARE WORTH MORE THAN THE PACKAGED PRICE. 6 townhomes, 1 duplex, 5 Single Family homes - CURRENT GROSS INCOME $14,250 per month, fully leased up at market rent should be $16,475 per mo. Most have recent roofs. Showings / inspections available with a contract. Call Jim for details. Located throughout Tallahassee, Florida, this residential portfolio benefits from one of North Florida's strongest and most stable rental markets. As the state capital, Tallahassee is home to Florida's government workforce, numerous state agencies, and major employers including Tallahassee Memorial HealthCare, HCA Florida Capital Hospital, and educational institutions. The area is anchored by three higher-education institutions—Florida State University, Florida A&M University, and Tallahassee State College—which collectively support consistent housing demand from students, faculty, and staff. Residents enjoy convenient access to major transportation corridors, shopping, dining, healthcare facilities, parks, and employment centers throughout the city. Tallahassee's diverse economy, steady population growth, and limited housing inventory continue to support long-term rental demand, making this portfolio an attractive investment opportunity for both local and out-of-market investors seeking stable cash flow and future appreciation potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.