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About This Home

This 8-bedroom, 8-bathroom residential multi family at 803 W Georgia Street in Tallahassee, FL is listed for $695,000. Built in 2012, on a N/A lot.

Agent Description

Exceptional investment opportunity just steps from Florida State University! This well-maintained 2012-built duplex at 803 W Georgia Street offers two spacious 4BR/4BA units, each approximately 1,640 SF, making it a premier student housing asset in one of Tallahassee's most sought-after rental corridors.

Both units are fully occupied with annual leases in place through 2026 and 2027, providing immediate and stable cash flow from day one. Both units are currently rented at $2,000/month, and increase to $2,600/month this July. Perfectly positioned within walking distance to FSU's main campus, and less than 2 miles from both Doak Campbell Stadium and

the Florida State Capitol, this property sits in the heart of a high-demand rental market with consistently strong occupancy. Each unit features granite countertops, stainless steel appliances, in-unit washer/dryer, and a thoughtful 2-story layout ideal for student co-living. Tenants pay all utilities. With 3,280 total square feet of living space, this turnkey duplex checks every box and delivers location, quality, and cash flow in one compelling package. Don't miss this rare near-campus gem!

Key Features

  • Built in 2012
  • 2 stories

Property Details

2 stories
8 full
2012

Amenities

A/C

Monthly Cost Estimate

$3,717/mo

20% down · 6.5% · 30 years

Principal$503
Interest$3,012
Insurance$203

Estimates only. Actual payments may vary.

Location

803 W Georgia Street

Tallahassee, FL 32304

SAXON ADD

Features & Amenities

Interior Features

WalkInClosets

Property Details

Flooring

VariesClayCarpetTileWood

Construction

Frame

Pool Features

Patio

Parking

On StreetAssigned

Heating

Central

Cooling

Central Air

Appliances

DryerDishwasherRefrigeratorWasher

Questions & Answers

This 8-bedroom, 8-bathroom residential multi family at 803 W Georgia Street is listed at $695,000. The estimated monthly payment is $3,012 based on 20% down at 6.5% interest.

Key features include: Built in 2012, 2 stories. Interior Features: WalkInClosets.

This property is listed by Joseph Klenck and can be reached at 3525144725 or joe@themultifamilyadvisors.com.

JK

Joseph Klenck

Agent at The Multifamily Advisors

(352) 514-4725

Listed by The Multifamily Advisors · View on Broker Site

MLS# 399224· Source: listhub· Updated 34 days ago

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.

803 W Georgia Street, Tallahassee, FL 32304

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