1408 W Tharpe Street, Tallahassee, FL 32303

$269,900
5
BD
4
BA
2,027
SqFt

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List Price
$269,900
Status
ACTIVE UNDER CONTRACT
MLS#
397293
Price Change
▼ $9,100 1783109751
Closing Date
Aug 20, 2026
Year Built
2007
Construction
Fiber Cement
Bedrooms
5
Bathrooms
4
Half-baths
1
Living Area
2,027
Lot Size
10,018
Acres
0.23
County
Leon
Subdivision
Forest Heights

Property Description

Solid investment opportunity in a great central location. Currently cash flowing with a multi-year lease in place through June 2027 at $3,025 per month. CAP rate of 9.7%. Built in 2007, this spacious 5-bedroom / 4-bathroom house makes a great rental being just 1.3 miles to FSU, 2.9 miles to the capital, and 3.5 miles to FAMU. Sold “as is” with right to inspect.

Additional Information

Taxes
$5,209
View
None
Heating
Central, Heat Pump
Cooling
Central Air, Ceiling Fan(s), Electric
Equipment
Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Floors
Carpet, Tile
Exterior
Two Story, Traditional
Garage
Driveway
Parking
Driveway
Elementary School
ASTORIA PARK
Middle School
GRIFFIN
High School
GODBY

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Calculator source: Real Geeks

Listing courtesy of Bevis Realty.