542 Osceola St Tallahassee, FL 32310
FAMU NeighborhoodEstimated payment $8,048/month
Highlights
- Cooling Available
- Central Heating
- 1-Story Property
- Leon High School Rated A
- Vinyl Flooring
About This Home
Updated Multifamily Near FAMU – 542 Osceola St Fully renovated and ready for lease-up, 542 Osceola St is a plug-and-play multifamily opportunity just steps from FAMU and the FAMU Softball Field. All units have been completely updated, offering modern finishes and move-in-ready condition for new tenants. The property is currently 57% occupied and bringing in $6,695 in monthly revenue, with strong potential for increased income as remaining units are leased. Showings can be scheduled via ShowingTime, with access to the model unit (Unit 9) for easy viewing. Whether you're an investor looking to finish the lease-up or expand your portfolio near a major university, this is a rare chance to acquire a turnkey asset in a high-demand rental market.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Parking
- Unassigned Parking
Interior Spaces
- 1-Story Property
- Vinyl Flooring
- Fire and Smoke Detector
- Range
Schools
- Bond Elementary School
- NIMS Middle School
- Leon High School
Utilities
- Cooling Available
- Central Heating
Community Details
- 16 Units
- Normal School Subdivision
Listing and Financial Details
- Rent includes gardener, trash collection
- Legal Lot and Block 14 / D
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/01/2025 08/01/25 | For Sale | $1,250,000 | -- | $195 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 389374

APN: 41-01-56-00D-014.0
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