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Off market
  • $575,600

    1886 Nicklaus Ct APT A, Tallahassee, FL 32301

    --beds
    --baths
    3,952sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $575,600 Zestimate®
    $146/sqft
    $1,354 Estimated rent

    Home value

    $575,600

    $524,000 - $633,000

    $1,354/mo

    Zestimate® history
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    $1,354/mo

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    Rent Zestimate®

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    $3,911/mo

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    $3,911/mo

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    What's special

    The Awesome Quadraplex is an amazing investment property that offers a great return on investment. It is a four-unit building located in a desirable area, next to golf course with easy access to amenities and transportation. This is a great opportunity for investors looking to diversify their portfolio and generate passive income. The Quadraplex is a well-maintained building with four separate units. Each unit has two bedrooms and two bathroom, making it ideal for the Tallahassee rental market. The units are spacious and have been recently renovated, making them attractive to potential tenants. Renters love this area, super easy to rent when dealing with tenant turnover. This property features 3 newer AC's, all Newer Water Heaters! It is close to shopping centers, restaurants, parks, state offices and other attractions. This makes it an ideal location for tenants who want to be close to all the action. Additionally, Nicklaus Court is located not to far from the two major universities & downtown. making it easy for tenants to commute to work or school. The Quadraplex offers investors a great return on investment. The rental income from the four units can provide a steady stream of passive income. Currently, the property is already producing $3850 gross monthly! Additionally, this property comes with a great value add benefit of having below average rents for the area. This quadraplex also offers investors the opportunity to increase their rental income by raising rents between $200-$400 per unit with little to now effort. Your monthly potential could be $4800-5,600 per month! This awesome quadraplex is an excellent investment opportunity that should not be overlooked!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jules Straker 850-841-0097,

    Optimizing CRE LLC

    Bought with:

    Erik P Seise, 3408489

    Bevis Realty

    Source: TBR,MLS#: 358477MLS Logo

    Facts & features

    Interior

    Heating
    • Central, Electric, Wood
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Features
    • Central Vacuum
    • Flooring: Clay, Ceramic Tile, Laminate, Wood
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,952
    • Total interior livable area: 3,952 sqft

    Property

    Parking
    • Parking features: Garage, Unassigned
    • Has garage: Yes
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Deck, Storage
    Lot
    • Size: 7,366 Square Feet
    • Dimensions: 200 x 75 x 200
    Details
    • Additional structures: Shed(s)
    • Parcel number: 120733108650000090
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Frame
    Condition
    • Year built: 1984

    Community & HOA

    Community
    • Subdivision: ST ANDREWS
    Location
    • Region: Tallahassee

    Financial & listing details

    • Price per square foot: $146/sqft
    • Annual tax amount: $3,861
    • Date on market: 5/7/2023
    • Cumulative days on market: 44 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Lease term: 12 Months

    Price history

    DateEventPrice
    7/1/2025Listing removed$1,300
    Source: TBR #385830 Report a problem
    5/28/2025Price change$1,300-7.1%
    Source: TBR #385830 Report a problem
    5/12/2025Listed for rent$1,400+16.7%
    Source: TBR #385830 Report a problem
    9/12/2024Listing removed$1,200
    Source: TBR #375412 Report a problem
    8/21/2024Price change$1,200-4%
    Source: TBR #375412 Report a problem
    8/13/2024Price change$1,250-3.8%
    Source: TBR #375412 Report a problem
    7/29/2024Listed for rent$1,300
    Source: TBR #375412 Report a problem
    7/7/2023Sold$505,000-4.5%$128/sqft
    Source: TBR #358477 Report a problem
    5/13/2023Contingent$529,000$134/sqft
    Source: TBR #358477 Report a problem
    5/7/2023Listed for sale$529,000$134/sqft
    Source: TBR #358477 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: HARTSFIELD
    • 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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    Sell for more on Zillow
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    $575,600
    2% more
    +$11,512
    With Zillow Showcase(estimated)
    $587,112