$675,000

Estimated payment $4,014/month

-- Bed
-- Bath
3,400 Sq Ft
$199 Price per Sq Ft

Highlights

  • Furnished
  • Central Heating and Cooling System
  • Carpet
  • Leon High School Rated A
  • Utility Room
  • 1-Story Property

About This Home

This quadruplex is in a prime upper midtown location and has been a 4.9 rated consistently for over 2 years as a short term rental. Low Maintenance-the building was 75% gutted to the studs, pro kilzed and perfectly rebuilt Unit A, B and C using commercial grade standards including new stairways and decks, 4 all new HVAC's and water heaters in 2022, all new AC plenums in A,B,C in 2023 including fireproofing and new insulation, recessed lights and modern fixtures-12 TV's and every accoutrement for STR including an wifi ekey system. New windows all around plus granite counters in A,C, and C. Everything is like brand new and always clean including pest control. Unit D was upgraded with stainless steel ceilings, high end appliances and furnishings. All units are furnished with high end bedding and more than 450 stellar reviews. This is a turn-key AirB possibility-An owner occupant could buy this property VA or FHA, live in one and rent out the others--after a year buy another one! NO HOA

Listing Agent

Steve Wright

Investors Realty Of Tallahasse License #525368 Listed on: 11/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 71x137x71x135

Parking

  • Unassigned Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Furnished
  • Utility Room
  • Washer
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Schools

  • Ruediger Elementary School
  • Raa Middle School
  • Leon High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Rent includes all utilities, electricity, gardener, internet, pest control, sewer, trash collection, water
  • Tax Lot 13
  • Assessor Parcel Number 12073-21-24-46-000-013-0

Community Details

Overview

  • 4 Units
  • Mallard Hills Subdivision

Building Details

  • Vacancy Allowance $30
  • Gross Income $120,985

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,400

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Directions: On N Monroe, L on John Knox Rd, R on Meridian, R on Lock St, On L
  • Elementary School: RUEDIGER
  • High School: LEON
  • PropertySubType: Multi Family
  • PropertyType: Residential
  • Furnished: Furnished
  • Lot Size: 71x137x71x135
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Refrigerator with Ice Maker, Washer
  • Subdivision Name: Mallard Hills
  • Owner Name: Investors Realty of TLH
  • Architectural Style: One Story, Two Story
  • ResoBuildingAreaSource: Assessor
  • Fireplace: No
  • Reso Parking Features: Unassigned
  • Reso Room Type: Utility Room
  • Building Stories: 1
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Concrete, Partially Carpeted, Varies, Vinyl
  • Owner Pays: All Utilities, Electricity, Insurance, Janitorial Service, Management, Other, Pest Control, Repairs, Supplies, Sewer, Taxes, Trash Collection, Water

Exterior Features

  • Pool Private: No
  • Disclosures: Owner Is Listing Agent
  • Home Warranty: No
  • Construction Materials: Frame

Utilities

  • Heating: Central, Electric, Wood
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Security: Firewall(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: All Utilities, Electricity, Gardener, Internet, Pest Control, Sewer, Trash Collection, Water

Schools

  • Middle Or Junior School: RAA

Lot Info

  • Parcel Number: 12073-21-24-46-000-013-0

Rental Info

  • Lease Term: Other

Multi Family

  • Gross Income: 120985.0
  • Number Of Units Total: 4
  • Vacancy Allowance Rate: 30.0

Tax Info

  • Tax Annual Amount: 5400.0
  • Tax Block: 0
  • Tax Lot: 13

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,547 $288,349 $70,000 $218,349
2023 $5,172 $267,283 $65,000 $202,283
2022 $4,028 $228,417 $55,000 $173,417
2021 $3,641 $189,701 $40,000 $149,701
2020 $3,587 $189,700 $40,000 $149,700
2019 $3,491 $182,640 $40,000 $142,640
2018 $3,369 $174,650 $40,000 $134,650
2017 $3,359 $172,040 $0 $0
2016 $3,333 $168,339 $0 $0
2015 $3,349 $164,712 $0 $0
2014 $3,349 $167,984 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2025 11/22/25 For Sale $675,000 +82.4% $199 / Sq Ft
03/14/2022 03/14/22 Sold $370,000 +5.7% $109 / Sq Ft View Prior Sale
01/18/2022 01/18/22 For Sale $350,000 -- $103 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 Owen Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $577,700 Small Business Administration
Closed $277,500 Credit Line Revolving
Source: Public Records

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 393528

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 21-24-46-000-013.0