Tallahassee, FL Residential Income 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 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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Updated: Jul 16

Private Acreage with Existing Home

Pisgah Church Road, Tallahassee, FL 32309

$1,650,000

24.19 AC lot

24.19 private acres bordered by Historic Pisgah Church, Sunny Hill Plantation, and Centerville Road
1,843 sq ft home on the property
Well water and septic tank sewer service
Mentioned pool for outdoor entertaining
About 5 minutes to Target, Publix, and restaurants at Bannerman Crossings

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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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See what stands out in Leon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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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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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Four-Unit Quadplex with Assigned Parking

1844 Larette Drive, Tallahassee, FL 32301

$515,000

Four two-bedroom, one-bath residences with central HVAC, individual assigned parking, and included kitchen appliances.

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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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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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Student-Oriented Duplex Property

601 Pope Street, Tallahassee, FL 32304

$1,500,000

Each bedroom includes a private bathroom, with open living-kitchen areas and in-unit laundry in both units.

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Tallahassee Commercial Property For Sale

427 Crossway Road, Tallahassee, FL 32305

$388,000

3.40 AC lot

3.4 acres with M1 zoning near Capital Circle.

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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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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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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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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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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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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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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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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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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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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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Corner Mixed-Use Property with Parking

800 W Brevard St, Tallahassee, FL 32304

$300,000

3,049 sqft

Vacant two-sided commercial building with rear parking and CU-18 zoning.

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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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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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Duplex with Central Air

1103 Richmond Street, Tallahassee, FL 32304

$300,000

Two units offer distinct one-bedroom and three-bedroom residential layouts, each with one bathroom.

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Tallahassee, FL Residential Income Properties Market Trends and Statistics

Explore 90 residential income properties for sale in Tallahassee, FL, showcased through 90 active listings on our real estate platform. These investment opportunities span a total of 299,545 square feet of properties for sale, with an estimated market value of $60,041,638.

Sale prices for residential income properties in Tallahassee, FL start at $169,900, averaging $732,215, 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	$688.4K
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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