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    Tallahassee, FL Triplexes for Sale

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    Three-Unit Tenant-Occupied Triplex
    Updated: Jul 8
    Three-Unit Tenant-Occupied Triplex

    1208 Springsax Road, Tallahassee, FL 32305

    $355,000
    2,160 sqft
    Triplex with three tenant‑occupied units
    All three units are tenant occupied with long‑term tenants
    Current rents are below market value, indicating potential future income growth
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    This listing looks promising.

    Here's a quick look at some key insights for

    1208 Springsax Road, Tallahassee, FL 32305

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $323K
      Suggested
    View Property Analytics
    Renovated Multifamily with Detached Home
    Updated: Jun 24
    Renovated Multifamily with Detached Home

    118 W 8th Avenue, Tallahassee, FL 32303

    $1,150,000
    100% occupancy across all triplex units plus a detached home used as an Airbnb
    Two income‑producing triplexes and one detached single‑family home
    Detached home gross rent roll of approximately $30,000/year; long‑term triplex leases approximately $7,000/month
    Detached home offers 2 bedrooms and 2 full bathrooms with original wood floors and a eat‑in kitchen
    Triplex interiors include vaulted ceilings with exposed beams, open main‑floor concept, and in‑unit laundry
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    Fully Leased Triplex Investment
    Fully Leased Triplex Investment

    1208 Springsax Road, Tallahassee, FL 32305

    $355,000

    Triplex with all three units leased, with newer roof and HVAC systems supporting manageable ownership.

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    Triplex with Basement and Balcony
    Triplex with Basement and Balcony

    727 Miccosukee Road, Tallahassee, FL 32308

    $499,000

    Triplex for sale featuring a basement 1BR apartment and an upper 2BR unit with balcony deck.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Well-Maintained Tri-Plex with Yards
    Well-Maintained Tri-Plex with Yards

    1994 Darryl Drive, Tallahassee, FL 32301

    $465,000

    Three-unit tri-plex with individual driveways, fenced yards, and updated kitchens and baths across units.

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    New Construction Triplex Near Stadium
    New Construction Triplex Near Stadium

    1735 JacksonBluff Road, Tallahassee, FL 32311

    $3,000,000

    New construction triplex student housing, fully leased, great investment opportunity.

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    Triplex Residential Income Property
    Triplex Residential Income Property

    602 Gunter Street, Tallahassee, FL 32308

    $450,000

    Triplex for sale with existing tenants, offering an easy residential income structure in Tallahassee.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Tallahassee, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Triplex with Separate Entrances
    Three-Unit Triplex with Separate Entrances

    5612 Hilltop Avenue, Panama City Beach, FL 32408

    $699,000
    3,804 sqft

    Triplex with three private layouts, including a split-level 4-bedroom unit, plus ample parking and no HOA.

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    Three-Unit Triplex with Backyards
    Three-Unit Triplex with Backyards

    726 Detroit Avenue, Panama City, FL 32401

    $599,000
    3,891 sqft

    Fully occupied triplex offers three spacious 3-bedroom, 2-bath homes with private driveways and individual yard space.

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    Panama City Triplex Opportunity
    Panama City Triplex Opportunity

    422 N Macarthur Avenue, Panama City, FL 32401

    $150,000
    1,915 sqft 0.20 AC lot

    Triplex in Panama City, a blank canvas for renovation.

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    Turnkey Triplex and Duplex Package
    Turnkey Triplex and Duplex Package

    10609 Parkhill Circle, Panama City Beach, FL 32407

    $2,099,000
    6,856 sqft

    Built in 2020 and sold furnished, this triplex and duplex offer private unit entries for immediate rental income.

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    Tallahassee, FL Triplexes Market Trends and Statistics

    Explore 7 triplexes for sale in Tallahassee, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 2,160 square feet of properties for sale, with an estimated market value of $355,000.

    Sale prices for three-family homes in Tallahassee, FL start at $355,000, averaging $355,000, and reaching up to $355,000 — 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 31
    Apartment buildings 13
    Quadplexes 13
    Triplexes 7
    Mobile home & RV parks 3

    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
    32304 $312.5K
    32301 $465K
    32308 $585K
    32303 $1.2M
    32311 $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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    Most Searched ZIP Codes in Tallahassee, FL

    • 32305
    • 32308
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    • 32303
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