BEDS0
BATHS
MLS#399224
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSAXON ADD
Property Description
Exceptional investment opportunity just steps from Florida State University! This well-maintained 2012-built duplex at 803 W Georgia Street offers two spacious 4BR/4BA units, each approximately 1,640 SF, making it a premier student housing asset in one of Tallahassee's most sought-after rental corridors. Both units are fully occupied with annual leases in place through 2026 and 2027, providing immediate and stable cash flow from day one. Both units are currently rented at $2,000/month, and increase to $2,600/month this July. Perfectly positioned within walking distance to FSU's main campus, and less than 2 miles from both Doak Campbell Stadium and the Florida State Capitol, this property sits in the heart of a high-demand rental market with consistently strong occupancy. Each unit features granite countertops, stainless steel appliances, in-unit washer/dryer, and a thoughtful 2-story layout ideal for student co-living. Tenants pay all utilities. With 3,280 total square feet of living space, this turnkey duplex checks every box and delivers location, quality, and cash flow in one compelling package. Don't miss this rare near-campus gem!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Two Story
Taxes: $9,040
Year Built: 2012
Amenities
Walk-In Closet(s)
Feature Descriptions
Appliances: Dryer, Dishwasher, Refrigerator, Washer
Days on Site: 33
Directions: From intersection of Tennessee St and Dewey St, head west on W Georgia Street; will be on your right
Exterior: Frame
Flooring: Carpet, Clay, Ceramic Tile, Partially Carpeted, Varies, Wood
Home Warranty Y/N: No
Lease Considered Y/N: No
Lease Terms: 12 Months
Listing Terms: Cash, Conventional
Parcel#: 12073-21-35-75-003-001-0
Parking: Assigned, Parking Space(s), On Street
Parking Notes: Assigned, Parking Space(s), On Street
Patio/Porch: Patio
Property Attached Y/N: No
Property Sub-Type: Multi Family
Security: Smoke Detector(s)
Units: 2
Local Schools
High School: LEON
Middle School: GRIFFIN
Elementary School: RILEY
Listed By / Shown By
Listed By
Agency Name: The Multifamily Advisors
Shown By
Agent Name: Len Renaud
Agent Phone: Cell: (315) 391-0726
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 4,655.12 per month $3,699.08 Principal & Interest $753.33 Property Tax $202.71 Homeowner's InsuranceChange Payment Information
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803 W Georgia Street | MLS# 399224
This multi-family property located at 803 W Georgia Street, Tallahassee, FL 32304 is currently listed for sale with an asking price of $695,000. Search Tallahassee real estate on lenrenaud.adamscameron.com today.