5138 Back Forty Road # 0 Tallahassee, FL $ 289,989
5138 Back Forty Road # 0
$ 289,989
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5138 Back Forty Road # 0

Tallahassee, FL, 32303
$ 289,989
Baths0.0 Sq 1,808

Monthly Estimate*

$ 1,786

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Studio

Multi-Family Home for sale in Tallahassee, FL

for $289,989. This 1,808 square foot home was built in 1993.

Built in 1993, this move-in ready duplex sits on a private 1.18-acre wooded lot in a prime NW Tallahassee location just off Capital Circle NW with quick access to I-10. Conveniently located near the future Buc-ee’s projected for mid-2027, this property offers outstanding long-term potential. Each unit features 908 sq ft with one upstairs and one downstairs, making it ideal for investors or owner-occupants. The property has undergone major interior renovations in recent years including updated finishes and newer appliances, along with important exterior improvements such as a metal roof (2020) and septic drain field (2020). Currently vacant, the duplex has an estimated gross rental potential of approximately $2,800 per month. Live in one unit while the rental income from the second unit helps cover a major portion of your payment, or lease both for strong income potential. Peaceful wooded setting, major updates already completed, and a rapidly growing location make this a rare opportunity.

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Multi-Family Contingent

Price

$ 289,989

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,517

Style

Two Story

Year Built

1993

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

399726

Features
General
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Possession CloseOfEscrow Immediately
Appliances Dishwasher Microwave Range Refrigerator RefrigeratorWithIceMaker WasherDryer
HOA Fee 0.0
Patio/Porch Features Deck
Architectural Style TwoStory
Construction Materials Frame VinylSiding
Year Built 1993
Unit Number 0
Property Subtype MultiFamily
County Leon
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Unplatted Land
Garage Y/N N
Rent Includes AllUtilities Gardener Internet PestControl Sewer TrashCollection Water
Special Listing Conditions Standard
Status ActiveUnderContract
Directions From Capital Circle NW exit on I-10 head towards Fred George then left on Back Forty Rd
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 VaLoan
Elementary School SPRINGWOOD
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2517.0
Home Warranty Y/N N
Middle/Junior High School GRIFFIN
Ok to Lease None
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://unbranded.youriguide.com/5138_back_forty_rd_tallahassee_fl
Standard Status ActiveUnderContract
Tax Lot 0
Property Sub Type Additional MultiFamily
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Exterior
Exterior Amenities Deck
Parking Features Assigned ParkingSpaces
Spa N
Building Area Total 1808.0
Lot Dimensions 220X200X175
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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Interior
Flooring Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Room Type PrimaryBedroom Office UtilityRoom
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Internal Only
Street Number 1 5138
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* Excluded Features
List By
Friendly Real Estate Group Llc

Broker

Affordability Calculator

$1,995
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,786
Monthly Property Taxes
$210
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
3571002 Elementary School
418953 Middle School
Godby High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2026$289,989 Listed Price

Map


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5138 Back Forty Road # 0, Tallahassee, FL, 32303 is a Multi-Family Home for sale at $289,989 with 1,808 sqft. 5138 Back Forty Road # 0 is a studio with 0.0 baths and was built in 1993. The property's zip code is 32303 which is in Tallahassee, FL