315-317 E Jennings Street # 1 Tallahassee, FL $ 550,000
315-317 E Jennings Street # 1
$ 550,000
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315-317 E Jennings Street # 1

Tallahassee, FL, 32301
$ 550,000
Baths0.0 Sq 4,096

Monthly Estimate*

$ 3,386

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Studio

Multi-Family Home for sale in Tallahassee, FL

for $550,000. This 4,096 square foot home was built in 2002.

Property consists of two duplexes, four total units. Each unit has a cleverly designed floor plan perfect for roommates or families with lots of storage needs: 3Bd/3 full baths, with each bedroom having attic storage. The kitchen has a European style set up with the washer/dryer in that area for better energy efficiency. Each duplex has a central deck system that serves as a lounge area and entry. Fantastic investment, now and in the future, thanks to well-maintained rental units and a whopping 0.98 acres of land. Rents vary from $1150-$1400. Lower maintenance with 2002-built structure, vinyl siding and metal roofs with warranties (roof on one duplex was replaced in 2025). Owners have replaced various appliances and some units had recent cosmetic renovations. Two of the four HVAC units were replaced in 2017 & 2025. Currently professionally managed. Owner provides grounds maintenance and tenants pay for all utilities. Total package of 16 total identical units (including these 4) available, with other 12 units one block away.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,064

Style

One Story

Year Built

2002

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

399339

Features
Interior
Interior Amenities TrayCeilings PrimarySuite VaultedCeilings
Flooring Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Room Type PrimaryBedroom UtilityRoom
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General
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Possession Other
Appliances Dryer Dishwasher Disposal Microwave Range Refrigerator Washer
HOA Fee 0.0
Patio/Porch Features Deck Patio
Architectural Style OneStory
Construction Materials Other
Year Built 2002
Stories Count 1
Unit Number 1
Property Subtype MultiFamily
Gross Income 59700.0
County Leon
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Gadsden Village
Garage Y/N N
Rent Includes Gardener
Special Listing Conditions Standard
Status Active
Directions South on Monroe Street / Left @ Jennings
High School RICKARDS
City Tallahassee
Senior Community Y/N N
Number Of Units Total 4
MLS Area Leon
Carport Y/N N
Listing Terms Cash Conventional
Elementary School HARTSFIELD
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3064.0
Home Warranty Y/N N
Middle/Junior High School COBB
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 1
Total Actual Rent 9.21
Property Sub Type Additional MultiFamily
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Exterior
Exterior Amenities Deck
Parking Features Assigned ParkingSpaces
Spa N
Building Area Total 4096.0
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 1 315
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* Excluded Features
List By
Coldwell Banker Hartung

Broker

Affordability Calculator

$3,642
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$255
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
3570948 Elementary School
3218705 Middle School
Rickards High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$550,000 Listed Price

Map


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315-317 E Jennings Street # 1, Tallahassee, FL, 32301 is a Multi-Family Home for sale at $550,000 with 4,096 sqft. 315-317 E Jennings Street # 1 is a studio with 0.0 baths and was built in 2002. The property's zip code is 32301 which is in Tallahassee, FL