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!
Under contract
$825,000
1305 Clay St, Tallahassee, FL 32304
8beds
4baths
6,992sqft
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$118/sqft
$-- HOA
What's special
- 24 days
- 237
- 18
Zillow last checked:
Listing updated:
Listed by:
Jules Straker 850-841-0097,
EXP Realty, LLC
Source: TBR,MLS#: 404873
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Range, Refrigerator
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 6,992
- Total interior livable area: 6,992 sqft
Video & virtual tour
Property
Parking
- Parking features: Unassigned
Features
- Patio & porch: Patio
Details
- Parcel number: 120732126200630000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Block, Concrete, Vinyl Siding
Condition
- Year built: 1973
Community & HOA
Community
- Subdivision: frenchtown
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $118/sqft
- Annual tax amount: $6,538
- Date on market: 9/14/2026
- Cumulative days on market: 26 days
- Listing terms: Cash,Conventional
- Lease term: 12 Months
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Contingent | $825,000$118/sqft |
Source:  TBR #404873 Report a problem | ||
| 9/14/2026 | Listed for sale | $825,000$118/sqft |
Source: TBR #404873 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Griffin Heights
Nearby schools
Schools provided by the listing agent
- Elementary: RILEY
- Middle: GRIFFIN
- High: GODBY
Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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