$1,600,000
SOLD JUN 24, 2025

2601 McKeithen St Unit 1-17 Tallahassee, FL 32304

University Neighborhood
-- Bed
-- Bath
1,173 Sq Ft
2009 Built

Recently Sold

$1,364 Per Sq Ft

27% Below List Price

108 Days on Market

Highlights

  • Central Heating and Cooling System
  • Utility Room
  • Carpet

About This Home

As of June 2025

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 $250,000 per 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.

Last Agent to Sell the Property

Xian Long

Gary Bartlett Real Estate License #3274875 Listed on: 02/28/2025

Last Buyer's Agent

Xian Long

Gary Bartlett Real Estate License #3274875 Listed on: 02/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,545

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 200x240x100x240

Parking

  • Carport

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Washer
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Schools

  • Riley Elementary School
  • NIMS Middle School
  • Godby High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for association fees, common area maintenance, insurance, management, repairs, taxes
  • Rent includes gardener
  • Assessor Parcel Number 12073-21-28-35-000-101-0

Community Details

Overview

  • 17 Units
  • Mckeithen Commons Subdivision

Building Details

  • Gross Income $2,500,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,545

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Year Built: 2009
  • Directions: Tennessee St turn left onto Mckeithen St, the property is on the right.
  • Elementary School: RILEY
  • High School: GODBY
  • PropertySubType: Multi Family
  • PropertyType: Residential
  • Lot Size: 200X240X100X240
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Refrigerator with Ice Maker, Washer
  • Subdivision Name: MCKEITHEN COMMONS
  • Owner Name: Ho
  • Architectural Style: Two Story
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: Yes
  • Fireplace: No
  • Reso Parking Features: Covered, Carport
  • Reso Room Type: Utility Room
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Clay, Ceramic Tile, Laminate
  • Owner Pays: Association Fees, Common Area Maintenance, Insurance, Management, Repairs, Taxes

Exterior Features

  • Pool Private: No
  • Home Warranty: No
  • Construction Materials: Frame, Vinyl Siding

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener

Schools

  • Middle Or Junior School: NIMS

Lot Info

  • Land Lease Expiration Date: 2025-08-28
  • Parcel Number: 12073-21-28-35-000-101-0

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Gross Income: 2500000.0
  • Number Of Units Total: 17

Tax Info

  • Tax Annual Amount: 25545.0
  • Tax Block: -
  • Tax Lot: -

Range of Values:

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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
06/24/2025 06/24/25 Sold $1,600,000 -27.3% $1,364 / Sq Ft
02/28/2025 02/28/25 For Sale $2,200,000 -- $1,876 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Xian Long

    Seller's Agent in 2025

    Xian Long

    Gary Bartlett Real Estate

    (850) 345-0318

    8 in this area

    88 Total Sales

    Xian Long
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Map

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

MLS Number: 382559

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

Florida Leon County Tallahassee 32304 University

2601 McKeithen St Unit 1-17, Tallahassee, FL

This home is located at 2601 McKeithen St Unit 1-17, Tallahassee, FL 32304 and is currently priced at $1,600,000, approximately $1,364 per square foot. This property was built in 2009. 2601 McKeithen St Unit 1-17 is a home located in Leon County with nearby schools including John G Riley Elementary School, R. Frank Nims Middle School, and Amos P. Godby High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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