About This Home

This 6-bedroom, 5-bathroom residential multi family at 1501 Grape Street in Tallahassee, FL is listed for $655,000. Built in 1942, on a N/A lot.

Key Features

  • Built in 1942
  • 2 stories
  • Fireplace

Property Details

2 stories
5 full
1942

Amenities

FireplaceA/C
Listing Description

Rare opportunity to own a distinctive income-producing property in the heart of Midtown! Offering multiple living arrangements and two existing rental income streams, 1501 Grape Street provides exceptional flexibility for investors or owner-occupants seeking supplemental income.

The main residence features inviting living areas, a kitchen, two primary suites (one downstairs and one upstairs), and an office. A separately accessed guest suite with its own bathroom is currently used for short-term rentals, while an independent upstairs 2-bedroom, 2-bathroom apartment offers its own kitchen, living area, private entrance, and porch and is currently used as a long-term rental.

Originally built in 1942 and rebuilt in the 1990s while retaining the original foundation, fireplace, and two walls, this property offers architectural character rarely found in traditional investment properties. Beautiful wood floors, abundant natural light, creative design elements, and exceptionally clever storage throughout add to its unique appeal.

A welcoming front screened porch, three screened porches in total, and a lush, beautifully landscaped yard provide attractive outdoor living spaces. Within walking distance of Whole Foods, 9th & Terrace Park, and Midtown's popular restaurants and shops, the location is equally appealing for homeowners and tenants.

Live in the main residence while generating rental income or explore the property's many possibilities for extended family and investment use! Square footage is not correct on LCPA website - Square Footage is from recent appraiser's measurement. 1988 SF in Main Building. 752 SF in Second Floor 2/2 Rental.

Monthly Cost Estimate

$3,503/mo

20% down · 6.5% · 30 years

Principal$474
Interest$2,838
Insurance$191

Estimates only. Actual payments may vary.

Location

1501 Grape Street

Tallahassee, FL 32303

HIGHWAY PARK

Features & Amenities

Interior Features

SunRoomWalkInClosetsWindowTreatments

Exterior Features

Storage

Property Details

Flooring

ClayTileWoodCarpet

Construction

FiberCement

Outdoor Features

Porch

Parking

Assigned

Heating

Natural GasWood

Cooling

Gas (Cooling)Ceiling Fan(s)

Appliances

DryerDisposalMicrowaveRangeRefrigeratorRefrigeratorWithIceMakerWasher

Questions & Answers

This 6-bedroom, 5-bathroom residential multi family at 1501 Grape Street is listed at $655,000. The estimated monthly payment is $3,503 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942, 2 stories, Fireplace. Interior Features: SunRoom, WalkInClosets, WindowTreatments. Exterior Features: Storage.

This property is listed by Caroline Tharpe Weiss Llc.

CL

Caroline Tharpe Weiss Llc

License 3127334

Agent at Coldwell Banker Hartung

Listed by Coldwell Banker Hartung · Broker phone: 8503866160 · View on Broker Site

MLS# 406457· Source: Tallahassee Board of Realtors· 3 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.

1501 Grape Street, Tallahassee, FL 32303

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