629 E Park Avenue # 1-5 Tallahassee, FL $ 725,000
629 E Park Avenue # 1-5
$ 725,000
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629 E Park Avenue # 1-5

Tallahassee, FL, 32301
$ 725,000
Baths0.0 Sq 3,612

Monthly Estimate*

$ 4,578

629 E Park Avenue # 1-5, Tallahassee, FL 32301 - Image 1
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Studio

Multi-Family Home for sale in Tallahassee, FL

for $725,000. This 3,612 square foot home was built in 1954.

One or more photos have been virtually rendered. Welcome to 629 E Park Avenue. This beautifully turn-key, renovated five-unit apartment building offers an incredible investment opportunity in a prime Tallahassee location. Each unit provides a comfortable and inviting living space with hardwood floors, a cozy kitchen and living room, and the convenience of an in-unit washer and dryer. Big ticket items are fairly new with a 2021/2022 roof, HVAC systems and water heaters. Properties have been renovated throughout. The location is situated just a short walk from downtown, Cascades Park, an array of restaurants, shopping, and bars. Residents can take advantage of everything the city has to offer while still enjoying the peace and privacy of home. Don’t miss this rare opportunity to own a multifamily property in the heart of Tallahassee! Seller has four additional nearby properties available, offering a rare multi-asset portfolio opportunity within walking distance of downtown. Proof of funds or lender pre-approval required prior to scheduling showings.

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Multi-Family Active

Price

$ 725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Two Story

Year Built

1954

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

403916

Features
General
Heating Central
Cooling CentralAir CeilingFans
Appliances Dryer Dishwasher Microwave Range Refrigerator Washer
HOA Fee 0.0
Architectural Style TwoStory
Security Features SmokeDetectors
Construction Materials Asbestos Block FiberCement Frame Concrete
Pets Allowed BreedRestrictions
Year Built 1954
Unit Number 1-5
Property Subtype MultiFamily
County Leon
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Cherokee Hills
Garage Y/N N
Rent Includes Gardener PestControl
Special Listing Conditions Standard
Status Active
Directions Thomasville Rd to N Calhoun L on Tennessee R on Franklin left on E Park on your Right
High School LEON
City Tallahassee
Senior Community Y/N N
Number Of Units Total 5
MLS Area Leon
Carport Y/N N
Listing Terms Cash Conventional
Elementary School HARTSFIELD
Property Attached Y/N N
Land Lease Y/N N
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 4
Property Sub Type Additional MultiFamily
Cap Rate 6.5
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Interior
Flooring Other Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Exterior
Parking Features OnStreet VariesByUnit
Spa N
Building Area Total 3612.0
Lot Dimensions 75x170x75x170
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 1 629
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* Excluded Features
List By
Armor Realty, Inc

Broker

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$4,578
Per Month
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Monthly Principal & Interest
$4,578
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Default based on a 30-year fixed rate of 6.49% 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
3571031 Elementary School
3218691 Middle School
Leon High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$725,000 Listed Price

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629 E Park Avenue # 1-5, Tallahassee, FL, 32301 is a Multi-Family Home for sale at $725,000 with 3,612 sqft. 629 E Park Avenue # 1-5 is a studio with 0.0 baths and was built in 1954. The property's zip code is 32301 which is in Tallahassee, FL