118 W 8th Avenue #1-7, Tallahassee, FL 32303

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
118 W 8th Avenue #1-7,Tallahassee, FL 32303
$1,225,000
  • - Beds
  • - Baths
  • 4,966 sq. ft.
  • Multi-family
  • Active
Listed by: velinda hittinger
Office: armor realty, inc
MLS#:399338
Source:FL_TBR

Price summary

  • Price:$1,225,000
  • Price per sq. ft.:$246.68

About this home

Sold as a package- under one parcel. This extraordinary, completely renovated, and turn-key investment opportunity in the Levy Park area of Midtown in Tallahassee features two income-producing triplexes and a detached single-family home situated less than three miles from Florida State University and the Florida State Capitol. Perfectly positioned for investors seeking strong cash flow and immediate rental potential, this property represents a rare chance to secure a high-performing asset in one of Tallahassee’s most desirable neighborhoods. The gross rent roll of the detached home sits at approximately $30,000/year and the long-term triplex leases sit at approximately $7,000 monthly. The detached single-family home, which makes for an ideal short-term or Airbnb rental, features two bedrooms, two full bathrooms, and a thoughtfully designed interior boasting original wood floors, great lighting throughout, and a faux fireplace situated between the living room and bedroom. The eat-in...

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Home facts

  • Year built:1979
  • Listing ID #:399338
  • Added:1 day(s) ago
  • Updated:May 01, 2026 at 01:46 AM

Rooms and interior

  • Flooring:Vinyl, Wood
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Living area:4,966 sq. ft.

Heating and cooling

  • Cooling:Attic Fan, Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1979
  • Building area:4,966 sq. ft.
  • Construction Materials:Wood Siding
  • Exterior Features:Deck, Patio
  • Levels:1 Story

Schools

  • High school:LEON
  • Middle school:RAA
  • Elementary school:RUEDIGER

Finances and disclosures

  • Price:$1,225,000
  • Price per sq. ft.:$246.68
  • Tax amount:$9,709

Features and amenities

  • Laundry features:Dryer, Washer
  • Amenities:Security System, Tray Ceilings, Vaulted Ceilings, Window Treatments

Parking

  • Parking description:On Street, Unassigned