2039 Summer Lane # 2045 & 2047 Tallahassee, FL $ 175,000
2039 Summer Lane # 2045 & 2047
$ 175,000
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2039 Summer Lane # 2045 & 2047

Tallahassee, FL, 32305
$ 175,000
Bedrooms-- Baths0.0 Sq 3,362

Monthly Estimate*

$ 1,209

2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 1
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 2
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 3
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 4
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 5
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 6
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 7
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 8
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 9
2039 Summer Lane # 2045 & 2047, Tallahassee, FL 32305 - Image 10

Multi-Family Home for sale in Tallahassee, FL

for $175,000. This home is 3,362 square feet.

Rare opportunity to acquire three (3) residential dwellings on approximately 1-acre lot in Tallahassee! Located at 2039, 2045, and 2047 Summer Lane, this unique investment package offers multiple rental income streams, approximately 3,362 combined square feet, and significant upside potential for investors looking to renovate, reposition, and build long-term equity. The property includes two single-family homes and one manufactured home, offering a combined 8 bedrooms and 5 bathrooms. Additional improvements include three septic systems and a workshop. Two residences are currently tenant-occupied, with combined scheduled rental income of $2,300 per month. The third residence is vacant, creating an opportunity for renovation and additional rental income. THIS IS A VALUE-ADD OPPORTUNITY! All three residences require substantial renovations, including roofing and interior updates. Ideal for experienced investors, contractors, or buyers seeking a multi-unit rental investment with room for improvement and long-term appreciation. Property is being sold AS-IS. Buyers should conduct their own due diligence regarding property condition, financing, rental income, zoning, and permitted uses. Don't miss this opportunity to transform an underperforming property into a potentially rewarding investment!

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Multi-Family Active

Price

$ 175,000

Property Type

Multi-Family

Taxes

$ 1,997

Style

One Story

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

406920

Features
General
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Possession CloseOfEscrow
Appliances Refrigerator
HOA Fee 0.0
Patio/Porch Features Deck
Architectural Style OneStory
Security Features DeadBolts SmokeDetectors
Construction Materials Frame
Stories Count 1
Unit Number 2045 & 2047
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 None
Status Active
Directions Left off of Springhill Rd. before Capital Circle
High School RICKARDS
City Tallahassee
Senior Community Y/N N
Number Of Units Total 3
MLS Area Leon
Carport Y/N N
Listing Terms Cash Conventional
Elementary School PINEVIEW
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1997.0
Home Warranty Y/N N
Middle/Junior High School NIMS
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 N/A
Property Sub Type Additional MultiFamily
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Exterior
Exterior Amenities Deck Fence
Fencing Partial
Parking Features Unassigned
Spa N
Building Area Total 3362.0
Lot Dimensions 200x200x200x200
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 Carpet Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 2039
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* Excluded Features
List By
Cobb Realty & Investment Compa

Broker

Affordability Calculator

$1,375
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,209
Monthly Property Taxes
$166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3570947 Elementary School
3218702 Middle School
Rickards High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2026$175,000 Listed Price

Map


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2039 Summer Lane # 2045 & 2047, Tallahassee, FL, 32305 is a Multi-Family Home for sale at $175,000 with 3,362 sqft. 2039 Summer Lane # 2045 & 2047 has 0.0 baths. The property's zip code is 32305 which is in Tallahassee, FL