Great investment opportunity on quadraplex in fantastic location less than 2 miles East of historic downtown Tallahassee and Cascades Park. The central location makes these units easy to rent out! Four 2bed/1bath units. Fully rented with gross annual rent of $51,060. There is room to raise rents on two units by another $100 to $150 per month by making some easy updates. New roof in 2022. Low maintenance single story concrete block construction. Each unit has washer/dryer connections and a private patio. Two units have recently been updated with new paint, flooring, new light fixtures, ceiling fans, re-surfaced tub and more. Close to downtown, Cascades Park, shopping, restaurants, Tallahassee Memorial Hospital, Governor Square Mall and more! Additional pictures and property information is available upon request.
Sold for $521,250
$521,250
416 Belmont Rd, Tallahassee, FL 32301
8beds
--baths
3,024sqft
Multi Family
Built in 1970
-- sqft lot
$502,800 Zestimate®
$172/sqft
$1,211 Estimated rent
Home value
$502,800
$478,000 - $528,000
$1,211/mo
Zestimate® history
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$3,601/mo
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$3,601/mo
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Zillow last checked:
Listing updated:
Listed by:
Robert P Nahoom 850-567-0037,
Amac Real Estate Co.
Bought with:
Tiffany R Hamilton, 3409449
Hamilton Realty Advisors LLC
Source: TBR,MLS#: 372044
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Rooms
- Room types: Utility Room
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Carpet, Clay, Concrete, Ceramic Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,024
- Total interior livable area: 3,024 sqft
Property
Parking
- Parking features: Assigned, Parking Space(s)
Features
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 10,400 Square Feet
- Dimensions: 130 x 80 x 130 x 80
Details
- Parcel number: 12073113168 A0230
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Block, Concrete, Wood Siding
Condition
- Year built: 1970
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Magnolia Office Center
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $172/sqft
- Annual tax amount: $4,914
- Date on market: 5/9/2024
- Cumulative days on market: 57 days
- Listing terms: Cash,Conventional
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listing removed | $525,000$174/sqft |
Source: Nest Seekers International #5083599 Report a problem | ||
| 1/13/2026 | Price change | $525,000-4.5%$174/sqft |
Source: Nest Seekers International #5083599 Report a problem | ||
| 11/3/2025 | Listed for sale | $550,000+5.5%$182/sqft |
Source: Nest Seekers International #5083599 Report a problem | ||
| 7/11/2024 | Sold | $521,250-5.2%$172/sqft |
Source:  TBR #372044 Report a problem | ||
| 6/6/2024 | Contingent | $550,000$182/sqft |
Source: TBR #372044 Report a problem | ||
| 5/9/2024 | Listed for sale | $550,000$182/sqft |
Source: TBR #372044 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32301
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Nearby schools
GreatSchools rating
- 2/10Frank Hartsfield Elementary SchoolGrades: PK-5Distance: 1 mi
- 5/10Fairview Middle SchoolGrades: 6-8Distance: 3.4 mi
- 3/10James Rickards High SchoolGrades: 9-12Distance: 2.7 mi
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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$502,800
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$512,856
- Florida
- Leon County
- Tallahassee
- 32301
- 416 Belmont Rd
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