11

University Multifamily Homes & Duplexes for Sale

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  • /35

    $350,000

    • 2,256 Sq Ft

    1286 Rumba Ln, Tallahassee, FL 32304

    Spacious triplex near universities on .42 lot (buildable lot, can build up to 3 additional triplexes)! On the market for the first time! Charming triplex located in a peaceful, wooded neighborhood just minutes from downtown, restaurants, parks and FSU, TSC & FAMU and backs up to Mission San Luis Park! 2022 ROOF! Each unit offers a spacious 1-bedroom, 1-bathroom layout with a unique two-story

    Chelsey Hough Keller Williams Town & Country

    1286 Rumba Ln, Tallahassee, FL 32304
  • /47

    $350,000

    • 2,256 Sq Ft

    1292 Rumba Ln, Tallahassee, FL 32304

    Spacious triplex near universities on .44 lot (buildable lot, can build 3 more triplexes on the lot)! On the market for the first time! Charming triplex located in a peaceful, wooded neighborhood just minutes from downtown, restaurants, parks and FSU, TSC & FAMU and backs up to Mission San Luis Park! 2018 ROOF! Each unit offers a spacious 1-bedroom, 1-bathroom layout with a unique two-story

    Chelsey Hough Keller Williams Town & Country

    1292 Rumba Ln, Tallahassee, FL 32304
  • /34

    $1,280,000

    • 9,920 Sq Ft

    2003 Bloomington Ave Unit 8 units, Tallahassee, FL 32304

    This is a 8 unit sale for addresses: 2003, 2005, 2007, 2009, 2011, 2013, 2015, & 2017 Bloomington Avenue. We have 32 units are available if you want more. We can provide P&L and Rent Rolls. This is a heck of an investment deal! This is a bulk sale! you can walk through model now... Gated community with resort pool, club house, gym and tons of parking! Each room has their own bathroom and large

    Lindsay Pearson Pearson Realty Inc.

    2003 Bloomington Ave Unit 8 units, Tallahassee, FL 32304
  • /34

    $1,280,000

    • 9,920 Sq Ft

    1987 Bloomington Ave Unit 8 units, Tallahassee, FL 32304

    This is a 8 unit sale for addresses: 1987, 1989, 1991, 1993, 1995, 1997, 1999, & 2001 Bloomington Avenue. We have 32 units are available if you want more. We can provide P&L and Rent Rolls. This is a heck of an investment deal! This is a bulk sale! you can walk through model now... Gated community with resort pool, club house, gym and tons of parking! Each room has their own bathroom and large

    Lindsay Pearson Pearson Realty Inc.

    1987 Bloomington Ave Unit 8 units, Tallahassee, FL 32304
  • /34

    $680,000

    • 9,920 Sq Ft

    2002 Ann Arbor Ave Unit 4 units, Tallahassee, FL 32304

    This is a 4 unit bulk sale for addresses: 2002, 2004, 2006, & 2008 Ann Arbor Avenue. We have 32 units are available if you want more. We can provide P&L and Rent Rolls. This is a heck of an investment deal! This is a bulk sale! you can walk through model now... Gated community with resort pool, club house, gym and tons of parking! Each room has their own bathroom and large double rack closet.

    Lindsay Pearson Pearson Realty Inc.

    2002 Ann Arbor Ave Unit 4 units, Tallahassee, FL 32304
  • /34

    $1,280,000

    • 9,920 Sq Ft

    1986 Ann Arbor Ave Unit 8 units, Tallahassee, FL 32304

    This is a 8 unit sale for addresses: 1986, 1988, 1990, 1992, 1994, 1996, 1998, & 2000 Ann Arbor Avenue. We have 32 units are available if you want more. We can provide P&L and Rent Rolls. This is a heck of an investment deal! This is a bulk sale! you can walk through model now... Gated community with resort pool, club house, gym and tons of parking! Each room has their own bathroom and large

    Lindsay Pearson Pearson Realty Inc.

    1986 Ann Arbor Ave Unit 8 units, Tallahassee, FL 32304
  • /33

    $250,000

    • 2,257 Sq Ft

    202 Columbia Dr Unit 1, Tallahassee, FL 32304

    INVESTOR OR DEVELOPER OPPORTUNITY! Large 1.12 acre lot with double driveway and plenty of parking! Home needs some TLC but this can be zoned for up to 50 units (required to add parking + storm water facility for 50 units) or can be zoned for 4 dwellings as-is, without adding parking or storm water facility. This was originally one big house that got divided into 4 units. 3 of the 4 units are

    Chelsey Hough Keller Williams Town & Country

    202 Columbia Dr Unit 1, Tallahassee, FL 32304
  • /21

    $290,000

    • 2,610 Sq Ft

    1525 Blountstown St, Tallahassee, FL 32304

    $40,000 Price Reduction! CASH ONLY! 2 properties included! Unique 1+acre multi family property that includes a 1525 sq ft house and also a 2 unit, 2-story townhouse on the property. Owner was getting $900 per unit for the apartments and $1700 for the single family home.

    Cynthia Livengood Xcellence Realty, Inc

    1525 Blountstown St, Tallahassee, FL 32304
  • /5

    $750,000

    • 4,582 Sq Ft

    2046 and 2052 Bellevue Way, Tallahassee, FL 32304

    Perfect investment opportunity! 4 houses on same block, they are backed up to eachother, selling all 4 together, will not separate. 2046 & 2052 Bellevue, 2029 & 2033 Desiree. Homes and lots are in great location. Zoned University Transition, can build up to 50 units per acre.

    Carolyn Hurst Main Street Real Estate Group

    2046 and 2052 Bellevue Way, Tallahassee, FL 32304
  • /4

    $750,000

    • 4,582 Sq Ft

    2029 & 2033 Desiree Ct, Tallahassee, FL 32304

    Perfect investment opportunity! 4 houses on same block, they are backed up to eachother, selling all 4 together. 2029 & 2033 Desiree, 2046 & 2052 Bellevue. Homes and Lots are in great location. Zoned University transition, can build up to 50 units per acre.

    Carolyn Hurst Main Street Real Estate Group

    2029 & 2033 Desiree Ct, Tallahassee, FL 32304
  • /2

    $1,050,000

    • 6,472 Sq Ft

    102 White Dr Unit 1-4, Tallahassee, FL 32304

    All units are tenant occupied.All showings require a 48 hour appointment request to provide adequate time for the tenants. There are two buildings, with two units each. One building has two three bedrooms and three full baths. The other unit has 4 bedrooms and 4.5 bathrooms in each unit. Very close to FSU and TCC campus. Great investment property.

    Janelle Thomas Hall Blue Legacy Real Estate Group

    102 White Dr Unit 1-4, Tallahassee, FL 32304

Why Live in University

The University District in Tallahassee is a vibrant neighborhood named for its proximity to Florida State University, Florida Agricultural and Mechanical University, and Tallahassee Community College. This area caters to college students and faculty, featuring a variety of restaurants, shopping options, and things to do. Housing includes cottages, craftsman, and ranch-style homes dating back to the 1950s, with options ranging from single-family homes to townhomes and duplexes. The Valley Green subdivision offers a quieter, mid-range cost living option close to the universities. The neighborhood is rich in locally owned vintage stores and bookstores, alongside trendy shopping areas like WestEnd Square Shopping Mall, which includes a variety of shops and eateries. For groceries, residents have access to Publix, Walmart, and Aldi. Sports are a significant part of the community, with Doak S. Campbell Stadium and the Florida State University Sportsplex hosting numerous events. The James Messer Sports Complex and Mike Blankenship Skate Park provide additional recreational opportunities. Innovative Park offers 208 acres of outdoor space with lakes, forestland, and research facilities. The area also features three public pools during the summer. Schools in the district include the highly rated Sail High School, known for its focus on art and innovation. The neighborhood benefits from a lower cost of living compared to the national average, with no state income tax and no property tax on moving vehicles. The University District is well-connected by public transportation and offers employment opportunities in various sectors, making it a practical choice for residents.

Home Trends in University, FL

Housing Trends

Median Sale Price
$180,000
Median Single Family Sale Price
$212,250
Median Townhouse Sale Price
$169,450
Median 2 Bedroom Sale Price
$82,000
Median 1 Bedroom Sale Price
$118,250
Average Price Per Sq Ft
$158
Number of Homes for Sale
85
Last 12 months Home Sales
266
Months of Supply
3.80
Median List Price
$189,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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