Courtesy of , The Multifamily Advisors
Property Description
Exceptional investment opportunity just steps from Florida State University! This well-maintained 2012-built duplex at 803 W Georgia Street offers two spacious 4BR/4BA units, each approximately 1,640 SF, making it a premier student housing asset in one of Tallahassee’s most sought-after rental corridors. Both units are fully occupied with annual leases in place through 2026 and 2027, providing immediate and stable cash flow from day one. Both units are currently rented at $2,000/month, and increase to $2,600/month this July. Perfectly positioned within walking distance to FSU’s main campus, and less than 2 miles from both Doak Campbell Stadium and the Florida State Capitol, this property sits in the heart of a high-demand rental market with consistently strong occupancy. Each unit features granite countertops, stainless steel appliances, in-unit washer/dryer, and a thoughtful 2-story layout ideal for student co-living. Tenants pay all utilities. With 3,280 total square feet of living space, this turnkey duplex checks every box and delivers location, quality, and cash flow in one compelling package. Don’t miss this rare near-campus gem!
Open House
Property Details and Features
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Appliances & Equipment
- Dryer
- Dishwasher
- Refrigerator
- Washer
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Building
- Built in 2012
- Architectural style: TwoStory
- Construction materials: Frame
- Toal building area: 3280
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Cooling
- CentralAir
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Floors
- Carpet
- Clay
- CeramicTile
- PartiallyCarpeted
- Varies
- Wood
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Heating
- Central
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Interior Features
- WalkInClosets
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Listing
- Listing ID: 399224
- Standard status: Active
- 59 days on market
- 2 toal units
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Location
- Subdivision name: SAXON ADD
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Parking
- Assigned
- ParkingSpaces
- OnStreet
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Property
- Patio and porch features: Patio
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Schools
- Elementary school: RILEY
- Middleorjuniorschool: GRIFFIN
- High school: LEON
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Security Features
- SmokeDetectors