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Sold for $535,000
  • $535,000

    1595 Willow Bend Way, Tallahassee, FL 32301

    8beds
    4baths
    3,584sqft
    Multi Family
    Built in 1981
    -- sqft lot
    $535,200 Zestimate®
    $149/sqft
    $1,295 Estimated rent

    Home value

    $535,200

    $508,000 - $562,000

    $1,295/mo

    Zestimate® history
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    What's special

    Prime Tallahassee Quadplex- Live for Free Opportunity- Located in a highly desirable Tallahassee corridor, this well-maintained quadplex offers an exceptional opportunity for both investors and owner-occupants. Just minutes from Florida State University, Florida A&M University, downtown, shopping, and major roadways, this property benefits from consistent rental demand. Each of the four units features 2 bedrooms, 1 bathroom, and a private balcony, creating strong appeal for tenants and future appreciation. The current owners have taken pride in maintaining and updating the property with a simple philosophy: “We maintain each unit as if we had to live in it ourselves.” This mindset has resulted in long-term tenants and stable occupancy. Income + House Hack Scenario (Live for Nearly Free) Current Rents (3 Units): $1,040 $1,200 $1,025 Total Current Rental Income: $3,265/month Purchase Scenario: Purchase Price: $550,000 Down Payment (5%): $27,500 Loan Amount: $522,500 Interest Rate: 6.5% (30-year fixed) Estimated Monthly Mortgage (P&I): ˜ $3,300/month Real-World Breakdown Rental income from 3 units: $3,265/month Estimated mortgage: ~$3,300/month Net out-of-pocket housing cost: ˜ $35/month That means you can live in one unit for essentially free while your tenants cover nearly the entire mortgage. Even More Upside- Current rents are below market, leaving room to increase income over time. One unit is vacant, allowing immediate owner occupancy. Eligible for primary residence financing (much better terms than investment loans).

    Zillow last checked:

    Listing updated:

    Listed by:

    Sean Rady 850-559-5027,

    Rady Realty, LLC

    Bought with:

    Shenika McNear, 3484957

    Keller Williams Town & Country

    Source: TBR,MLS#: 399237MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Rooms
    • Room types: Pantry, Utility Room
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    Features
    • Pantry, Walk-In Closet(s)
    • Flooring: Clay, Concrete, Ceramic Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 3,584
    • Total interior livable area: 3,584 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Patio & porch: Deck
    • Exterior features: Deck
    Lot
    • Size: 8,000 Square Feet
    • Dimensions: 80 x 100 x 80 x 100
    Details
    • Parcel number: 120733108170000230
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Frame, Vinyl Siding
    Condition
    • Year built: 1981

    Community & HOA

    Community
    • Security: Dead Bolt(s)
    • Subdivision: Willow Bend Unrec
    HOA
    • Has HOA: Yes
    • HOA fee: $2,480 annually
    Location
    • Region: Tallahassee

    Financial & listing details

    • Price per square foot: $149/sqft
    • Annual tax amount: $4,926
    • Date on market: 4/28/2026
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Conventional,FHA,Other,VA Loan

    Price history

    DateEventPrice
    6/5/2026Sold$535,000-2.7%$149/sqft
    Source: TBR #399237 Report a problem
    5/4/2026Contingent$549,900$153/sqft
    Source: TBR #399237 Report a problem
    4/28/2026Listed for sale$549,900$153/sqft
    Source: TBR #399237 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: APALACHEE
    • Middle: FAIRVIEW
    • High: RICKARDS

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $535,200
    2% more
    +$10,704
    With Zillow Showcase(estimated)
    $545,904