1223 Cleveland Street #1-2, Tallahassee, FL 32310

Tallahassee
Local realty services provided by:Hamilton Realty Advisors ERA Powered
1223 Cleveland Street #1-2,Tallahassee, FL 32310
$375,000
  • - Beds
  • - Baths
  • 2,680 sq. ft.
  • Multi-family
  • Active
Listed by: clint bailey
Office: superior realty group llc.
MLS#:406425
Source:FL_TBR

Price summary

  • Price:$375,000
  • Price per sq. ft.:$139.93

About this home

PRIME MULTIFAMILY INVESTMENT OPPORTUNITY NEAR FAMU & FSU! Conveniently located near both university campuses, downtown Tallahassee, FAMU Way, and the Gaines Street and Railroad Square districts, this 2,680-square-foot duplex offers an excellent combination of location, rental income, and investment potential. Each spacious, single-story unit features 3 bedrooms, 2.5 bathrooms, approximately 1,340 square feet of living space, and separately metered utilities paid directly by the tenants. Unit 2 is currently occupied at $1,350 per month with a lease through March 31, 2027, providing immediate rental income. Unit 1 is vacant and was previously rented for $1,450 per month, offering an opportunity to secure an additional tenant or explore owner occupancy. Based on the current rent and Unit 1's previous rental rate, the property offers potential gross rental income of $2,800 per month, or $33,600 annually, subject to occupancy and rental terms. Located near Florida A&M University, Florida...

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Home facts

  • Year built:2006
  • Subdivision & Development:-
  • Listing ID #:406425
  • Added:1 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
  • Living area:2,680 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:2006
  • Building area:2,680 sq. ft.
  • Construction Materials:Brick, Fiber Cement
  • Levels:1 Story

Schools

  • High school:LEON
  • Middle school:NIMS
  • Elementary school:BOND

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$139.93
  • Tax amount:$4,011

Parking

  • Parking description:Unassigned

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