Home For Sale In Tallahassee, Florida

house for sale

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Listed: 02/15/24

510 Mc Keithan Street, Tallahassee, FL 32304, USA

Studio Bed:

1,173 Sq Ft Living Area:

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Price

$ 2,65M

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About This House

This is a great opportunity for potential investors and landlords! The 17 unit complex with 3 bedroom and 3 bathroom each is located in a prime location close to Florida State University and Tallahassee Community College, making it ideal for students and young professionals. The units were built in 2009, ensuring a modern and well-maintained living experience for tenants. With a projected rental income of$250, 000per year, this property has the potential to generate a substantial return on investment. If you're looking for a smart real estate investment in a growing market, this property is definitely worth considering! Additionally, the property is even more flexible, as each unit has its own deed, meaning that the new owner can sell them separately if desired.

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Houses for sale in Tallahassee

Original listing

Tallahassee Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$209,872 (0%)
Mar 2024	$209,872 (0%)
Feb 2024	$209,872 (0%)
Jan 2024	$209,872 (+11.4%)
Dec 2023	$188,338 (-4.3%)
Nov 2023	$196,903 (-3.5%)

In April 2024, the asking price for 2 bed houses for sale in/near Tallahassee, United States averaged $209,872, staying on the same level compared to the previous month.

Median price trends for properties for sale in Tallahassee, United States as of April 2024.

Household Income

Median household income: $42,418

Number of households: 75,194

The average household income in Tallahassee, FL grew from $40,947 to $42,418 in the past year. This data is an estimate based upon 75,194 households in Tallahassee, FL.
The chart below presents how household income is distributed in Tallahassee, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Tallahassee, FL compared to median property taxes around the country. The prevalent amount of property taxes in Tallahassee, FL equals $3k+ , which is less than the national average.