$525,000

Estimated payment $3,222/month

Total Views 4,931
-- Bed
-- Bath
3,108 Sq Ft
$169 Price per Sq Ft

Highlights

  • Deck
  • Patio
  • Central Heating and Cooling System
  • Lincoln High School Rated A-
  • Outdoor Storage
  • Utility Room

About This Home

Located in Tallahassee, Florida, this brick quad offers all the benefits of a thriving state capital market with strong rental demand and a prime southeast location. 1981 brick construction situated on 0.21 acres, just steps from A-rated Lincoln High School. Three of four units are currently occupied and will have $1,100/month rental rates starting next month! Current tenants have occupied the property for an average of 2.5 years, with the longest tenancy being 4 years and the shortest tenancy over a year. One unit recently vacated and is ready for immediate move-in. Owner is keeping it vacant during the marketing period. All four units are identical layouts, each 2 bedroom/1 bathroom at 777 SF. Unit features include private covered patio/deck areas with outside washer/dryer utility rooms, spacious living room/kitchen areas, ample cabinet space. Tenants pay all utilities, City water and sewer. The roof was replaced in 2011, and the building's brick construction provides long-term durability. Total building is 3,108 SF across a single 2-story structure. Centrally located with easy access to Governor's Square, downtown Tallahassee, Florida State University, and FAMU, this asset sits in a high-demand rental corridor with a built-in tenant base. This property has a fantastic occupancy history and strong rental rates, see attached marketing package for additional information. Tour today!

Listing Agent

Joseph Klenck

The Multifamily Advisors License #3555950 Listed on: 04/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 1981

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Apalachee Elementary School
  • Fairview Middle School
  • Lincoln High School

Additional Features

  • Partially Fenced Property
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Rockbrook East Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control
  • Legal Lot and Block 2 / A
  • Assessor Parcel Number 12073-31-03-61- A-002-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,572

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1981
  • Directions: From the major intersection of Apalachee Parkway and Sutor Road in southeast Tallahassee, head north
  • Elementary School: APALACHEE
  • High School: LINCOLN
  • PropertySubType: Multi Family
  • PropertyType: Residential
  • Land Info Fencing: Partial
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Subdivision Name: ROCKBROOK EAST
  • Owner Name: 5 South Flagler Avenue Ll
  • Architectural Style: Two Story
  • ResoBuildingAreaSource: Assessor
  • Fireplace: No
  • Reso Interior Features: Pantry
  • Reso Parking Features: Assigned, Parking Space(s)
  • Reso Patio And Porch Features: Deck, Patio
  • Reso Room Type: Pantry, Utility Room
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Clay, Ceramic Tile, Partially Carpeted, Varies, Vinyl
  • Owner Pays: Insurance, Repairs, Taxes

Exterior Features

  • Pool Private: No
  • Home Warranty: No
  • Construction Materials: Brick
  • Exterior Features: Deck, Fence, Storage

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pest Control

Schools

  • Middle Or Junior School: FAIRVIEW

Lot Info

  • Parcel Number: 12073-31-03-61- A-002-0

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4572.0
  • Tax Block: A
  • Tax Lot: 2

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2025 $4,572 $261,206 $60,000 $201,206
2024 $4,193 $243,032 $60,000 $183,032
2023 $3,817 $189,299 $0 $0
2022 $3,292 $183,036 $50,000 $133,036
2021 $3,003 $156,445 $40,000 $116,445
2020 $2,988 $158,021 $40,000 $118,021
2019 $2,943 $153,964 $40,000 $113,964
2018 $2,875 $149,008 $40,000 $109,008
2017 $2,905 $148,793 $0 $0
2016 $2,697 $136,210 $0 $0
2015 $2,636 $133,495 $0 $0
2014 $2,636 $132,215 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 For Sale $525,000 -- $169 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $220,000 North Florida Title Company
Warranty Deed $224,000 Attorney
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $228,816 Commercial
Source: Public Records

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

MLS Number: 398088

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

APN: 31-03-61-00A-002.0

Your Personal Tour Guide

Ask me questions while you tour the home.