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1516 Arizona Street # 1516/1518 Tallahassee, FL $ 205,000
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1516 Arizona Street # 1516/1518
$ 205,000
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1516 Arizona Street # 1516/1518

Tallahassee, FL, 32304
$ 205,000
Baths0.0 Sq 1,250

Monthly Estimate*

$ 1,262

1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 1
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 2
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 3
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 4
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 5
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 6
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 7
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 8
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 9
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 10
1516 Arizona Street # 1516/1518, Tallahassee, FL 32304 - Image 11
Studio

Multi-Family Home for sale in Tallahassee, FL

for $205,000. This 1,250 square foot home was built in 1960.

Updated and Refreshed and New Appliances and New Kitchen on 1518 Currently Marketed for $1200 Per Lease. Other Side is long time tenant with an $850 Rent. Gross Rent Potential for this property is currently $2050 with growth potential.

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Multi-Family Active

Price

$ 205,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,843

Style

One Story

Year Built

1960

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

396251
Features
General
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Possession CloseOfEscrow
Appliances Microwave Range Refrigerator RefrigeratorWithIceMaker WasherDryer
HOA Fee 0.0
Patio/Porch Features Patio
Architectural Style OneStory
Construction Materials Block Concrete
Year Built 1960
Stories Count 1
Unit Number 1516/1518
Property Subtype MultiFamily
Gross Income 24600.0
County Leon
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name VALLEY VIEW
Garage Y/N N
Rent Includes Gardener PestControl
Special Listing Conditions Standard
Status Active
Directions Tharpe on to Colorado. Colorado will turn on to Arizona duplex is on the right before corner.
High School GODBY
City Tallahassee
Senior Community Y/N N
Number Of Units Total 2
MLS Area Leon
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School RILEY
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1843.0
Home Warranty Y/N N
Middle/Junior High School GRIFFIN
Ok to Lease TwelveMonths
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 14
Total Actual Rent 100.0
Property Sub Type Additional MultiFamily
Cap Rate 9.3
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Interior
Flooring Clay CeramicTile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Room Type UtilityRoom
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Exterior
Parking Features Unassigned
Spa N
Building Area Total 1250.0
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1516
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* Excluded Features
List By
Bevis Realty

Broker

Affordability Calculator

$1,416
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,262
Monthly Property Taxes
$154
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
418871 Elementary School
418953 Middle School
Godby High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/17/2026$205,000 Listed Price

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1516 Arizona Street # 1516/1518, Tallahassee, FL, 32304 is a Multi-Family Home for sale at $205,000 with 1,250 sqft. 1516 Arizona Street # 1516/1518 is a studio with 0.0 baths and was built in 1960. The property's zip code is 32304 which is in Tallahassee, FL

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