717 E Tennessee St Unit 1 Tallahassee, FL 32308
Magnolia NeighborhoodEstimated payment $6,751/month
Highlights
- Deck
- Wood Flooring
- Patio
- Leon High School Rated A
- Fireplace
- Outdoor Storage
About This Home
Turnkey Investment Income: Four Fully Renovated, Income-Generating Properties Investors, your search ends here! This exceptional property offers four completely renovated homes, meticulously updated with high-end finishes, top-of-the-line materials, and beautiful designs. There's absolutely no deferred maintenance, so you can invest in a property that will immediately generate income, not costs. Here's a breakdown of the income-producing units: 717 E Tennessee Street: The Craftsman House The charming 717 E Tennessee Street is the front house, a beautiful craftsman-style 2-bedroom, 2-bathroom home currently renting for $2500 per month. 723 A & B E Tennessee Street: The Duplex Centrally located on the property, the duplex (723A & 723B) consists of two 2-bedroom, 2-bathroom units. Both units are currently renting for $1,950 per month, which includes wifi and furniture. 719 E Tennessee Street: The Modern Home At the back of the property, 719 E Tennessee Street is a spacious 3-bedroom, 2-bathroom home featuring a modern aesthetic and an open living space. This unit is currently leased without furniture for $2,600 per month. Each of these four units benefits from their own dedicated parking spaces, adding to the convenience and value of this remarkable investment. Schedule to see this one today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,267
Year Built
- Built in 1983
Lot Details
- Lot Dimensions are 255x90x20x248x70
- Partially Fenced Property
Parking
- Assigned Parking
Home Design
- Wood Siding
Interior Spaces
- 1-Story Property
- Fireplace
- Washer
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
Outdoor Features
- Deck
- Patio
- Outdoor Storage
Schools
- Hartsfield Elementary School
- Cobb Middle School
- Leon High School
Utilities
- Central Heating and Cooling System
Community Details
- 4 Units
- Franklin Park Subdivision
Listing and Financial Details
- Rent includes gardener
- Legal Lot and Block 9 / B
- Assessor Parcel Number 12073-11-31-50- B-009-0
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,267 | $377,740 | $81,250 | $296,490 |
| 2023 | $7,013 | $362,447 | $81,250 | $281,197 |
| 2022 | $5,548 | $314,758 | $62,500 | $252,258 |
| 2021 | $5,015 | $261,282 | $43,750 | $217,532 |
| 2020 | $4,765 | $252,024 | $43,750 | $208,274 |
| 2019 | $4,602 | $240,774 | $43,750 | $197,024 |
| 2018 | $4,452 | $230,770 | $43,750 | $187,020 |
| 2017 | $4,308 | $220,649 | $0 | $0 |
| 2016 | $4,235 | $213,882 | $0 | $0 |
| 2015 | $4,014 | $207,986 | $0 | $0 |
| 2014 | $4,014 | $201,326 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Sale | $1,100,000 | -- | $268 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $1,025,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,500 | New Conventional | |
| Closed | $60,000 | Credit Line Revolving | |
| Closed | $60,000 | Unknown |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 387124
APN: 11-31-50-00B-009.0
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.
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.
- 410 Talaflo St
- 905 Briarcliff Rd
- 931 Briarcliff Rd
- 837 E Park Ave
- 615 Gunter St
- 1003 Cherry Laurel St
- 911 Hays St
- 914 Delores Dr
- 520 E Carolina St
- 275 S Franklin Blvd
- 275 S Franklin Blvd Unit 4
- 304 Wood Grove Ct
- 514 E Georgia St
- 916 Hillcrest Ct
- 727 Miccosukee Rd
- 727 Miccosukee Rd
- 111-A S Gadsden St Unit 1-A
- 111 S Gadsden St Unit A
- 111-B S Gadsden St Unit 2
- 602 Mcdaniel St