$3,160,000

Estimated payment $19,996/month

Total Views 4,592
-- Bed
-- Bath
19,599 Sq Ft
$161 Price per Sq Ft

Highlights

  • End Unit
  • Fireplace
  • 1-Story Property
  • Leon High School Rated A
  • Central Heating and Cooling System

About This Home

18 UNIT INVESTMENT PORTFOLIO OF HOUSES AND MULTI-FAMILY UNITS!! High quality diversified portfolio of investment properties located in Tallahassee. 18 units consisting of 9 units multi-family, 9 houses and 1 undeveloped lot. A total of 46 Bedrooms and 26.5 Bathrooms and 19,599 heated/cooled square feet. Excellent Pro Forma Gross Income, available upon request. All properties are extremely well maintained. If you are looking for a diversified investment property portfolio in Tallahassee consisting of both houses and multi-family properties, this is the opportunity for you!! Pictures, details, financial information, and more available upon signing of a non-disclosure agreement. Parcels included in the sale: 461035 C0120, 411080 C0010, 2123680000040, 210648 B0050, 210648 C0100, 4109204100000, 4109204990000, 210648 C0120, 412910 B0270, 412910 B0280, 412910 B0290, 4123150000090, 2234200180000.

Listing Agent

Jonathan Minerick

Homecoin.com License #3477996 Listed on: 06/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Parking

  • Varies By Unit

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Schools

  • Ruediger Elementary School
  • Griffin Middle School
  • Leon High School

Additional Features

  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / ABC

Community Details

Overview

  • 18 Units
  • Stone Ridge Subdivision

Building Details

  • Gross Income $285,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Directions: Varies for each property.
  • Elementary School: RUEDIGER
  • High School: LEON
  • PropertySubType: Multi Family
  • PropertyType: Residential
  • Appliances: Dishwasher, Range, Refrigerator, Refrigerator with Ice Maker
  • Subdivision Name: Stone Ridge
  • Owner Name: Brad A Wageman
  • Architectural Style: One Story, Two Story
  • ResoBuildingAreaSource: Assessor
  • Fireplace: Yes
  • Reso Parking Features: Varies by Unit
  • Building Stories: 1
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Owner Pays: Insurance, Management, Repairs, Taxes

Exterior Features

  • Pool Private: No
  • Home Warranty: No
  • Common Walls: End Unit

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Security: Dead Bolt(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: GRIFFIN

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Gross Income: 285000.0
  • Number Of Units Total: 18

Tax Info

  • Tax Block: ABC
  • Tax Lot: 4

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $3,160,000 -- $161 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

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

MLS Number: 387132

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