503 & 505 Terrace St, Tallahassee, FL 32308

Located on a spacious double corner lot in the heart of Old Town, this traditional duplex offers endless potential, ideally located just minutes from downtown, FSU, and TMH and only steps from Midtown. Each unit features 2 bedrooms, 1 bathroom, and approximately 896 sq ft of living space. One side has been fully renovated with new flooring, cabinets, appliances, fixtures, and a beautifully updated kitchen & bathrooms. Enjoy the fresh screened porch and a rare detached two-car garage. Currently owner-occupied on one side with a tenant on the other, making this an ideal investment property or house-hack opportunity. Whether you're looking for short-term rental income, long-term tenants, or dual occupancy, this versatile property delivers. Prime location in one of Tallahassee’s most desirable neighborhoods — don't miss out on this unique offering!