About This Home

This 6-bedroom, 4-bathroom residential multi family at 816 Putnam Drive #1-2 in Tallahassee, FL is listed for $299,900. Built in 2005, on a N/A lot.

Key Features

  • Built in 2005

Property Details

1 story
4 full
#1-2
2005

Amenities

A/C
Listing Description

Excellent investment opportunity in Tallahassee! This well-maintained duplex offers two separate rental units, making it an ideal addition to an investment portfolio or an opportunity for an owner-occupant looking to offset living expenses with rental income.

Both units feature functional floor plans, spacious living areas, attractive wood-look flooring, fully equipped kitchens with ample cabinet space, and comfortable bedrooms. The property also offers separately metered utilities, a roof approximately four years old, and individual driveways for convenient parking.

One unit is currently tenant occupied at $1,225 per month on a month-to-month basis, while the other is vacant and ready for its next occupant. The seller estimates potential rents of $1,300 to $1,350 per unit, offering an opportunity to increase rental income. Conveniently located near downtown Tallahassee, shopping, dining, universities, and major roadways. Whether you're expanding your rental portfolio or exploring the benefits of house hacking, this duplex offers flexibility and income potential!

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87

Estimates only. Actual payments may vary.

Location

816 Putnam Drive #1-2

Tallahassee, FL 32301

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Property Details

Construction

VinylSiding

Parking

Assigned

Heating

CentralElectric (Heating)

Cooling

ElectricCeiling Fan(s)Central Air

Appliances

DishwasherRangeRefrigeratorWasherDryer

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 816 Putnam Drive is listed at $299,900. The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2005.

This property is listed by Clint Bailey.

CB

Clint Bailey

License 3536984

Agent at Superior Realty Group LLC

Listed by Superior Realty Group LLC · Broker phone: 8503221649 · View on Broker Site

MLS# 406519· 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.

816 Putnam Drive #1-2, Tallahassee, FL 32301

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