About This Home

This 8-bedroom, 4-bathroom residential multi family at 1305 CLAY Street in Tallahassee, FL is listed for $825,000. Built in 1973, on a N/A lot.

Key Features

  • Built in 1973
  • 2 stories

Property Details

2 stories
4 full
1973

Amenities

A/C
Listing Description

Turnkey investment! Ready for new owner with upside potential in continued rent increases. Current total gross rent is $8,225 per month! GRM is 8.3! What a deal! All utilities are separately metered & tenant's pay for everything! Awesome investment for anyone looking to do a 1031 exchange! Formerly Appraised at $870k selling at $825k gives instant equity play. Come get this deal!

Monthly Cost Estimate

$4,412/mo

20% down · 6.5% · 30 years

Principal$597
Interest$3,575
Insurance$241

Estimates only. Actual payments may vary.

Location

1305 CLAY Street

Tallahassee, FL 32304

frenchtown

Property Details

Flooring

Vinyl

Construction

Block Concrete VinylSiding

Outdoor Features

Patio

Parking

Assigned

Heating

CentralElectric (Heating)

Cooling

Central AirCeiling Fan(s)Electric

Appliances

MicrowaveRangeRefrigerator

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 1305 CLAY Street is listed at $825,000. The estimated monthly payment is $4,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 2 stories.

This property is listed by Jules Straker.

JS

Jules Straker

License 3197962

Agent at EXP REALTY LLC

Listed by EXP REALTY LLC · Broker phone: (888) 883-8509 · View on Broker Site

MLS# 404873· Source: Tallahassee Board of Realtors· 46 days on PropertySimple

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1305 CLAY Street, Tallahassee, FL 32304

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