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    Tallahassee, FL Residential Income Properties for Sale

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    Crestview, FL Woodville, FL Crawfordville, FL
    80 listings
    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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    Three-Unit Residential Income Property
    $585,000
    Three-Unit Residential Income Property

    Three separate dwellings provide flexible living or rental setups, including a basement apartment and a second-floor unit.

    727 Miccosukee Road, Tallahassee, FL 32308

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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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    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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    Tallahassee Commercial Property For Sale
    $388,000
    3.40 Acres
    Tallahassee Commercial Property For Sale

    3.4 acres with M1 zoning near Capital Circle.

    427 Crossway Road, Tallahassee, FL 32305

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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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    Well-Maintained Triplex with Yards
    $465,000
    Well-Maintained Triplex with Yards

    A maintained tri-plex with three separately configured units, private yards, and an assumable VA loan option.

    1994 Darryl Drive, Tallahassee, FL 32301

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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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    Lakefront Residential Estate with Home
    $699,900
    11.47 Acres
    Lakefront Residential Estate with Home

    Custom tri-level home on Lake Jackson shores with versatile bedroom/bath layout and features like Pella windows and a masonry fireplace.

    3101 Livingston Road, 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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    Multi-Family Residential Portfolio
    $1,690,000
    Multi-Family Residential Portfolio

    Thirteen-unit portfolio with townhomes, duplex, and single-family homes, including recent-roof units and select vacancies.

    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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    Midtown Mixed-Use Opportunity
    $950,000
    5,260 SF
    Midtown Mixed-Use Opportunity

    Versatile property in Tallahassee's Midtown, suitable for commercial or residential.

    259 E 7th, Tallahassee, FL 32303

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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, FL Residential Income Properties Investment Opportunities Market Analysis

    Explore 80 residential income properties for sale in Tallahassee, FL, showcased through 80 active listings on our real estate platform. These investment opportunities span a total of 337,033 square feet of properties for sale, with an estimated market value of $66,710,050.

    Sale prices for residential income properties in Tallahassee, FL start at $179,000, averaging $2,300,346, 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

    Multifamily properties 75
    Duplexes 33
    Apartment buildings 18
    Quadplexes 12
    Triplexes 6

    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 $279K
    32312 $328.5K
    32303 $815.5K
    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

    • 32304
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