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Blue two-bedroom home with porch swing above a row of six one-bedroom triplex units.
Dark blue house with a covered porch and hanging swing beneath large trees.
Dark blue home with a covered wooden porch, hanging swing, and mature trees.
Blue home’s covered porch with a wooden swing, potted ferns, and the number 118 beside the entrance.
Long dark-sided multi-unit building with pale green doors, set among mature trees.
Dark blue house with a covered porch beneath large trees, beside a curving driveway.
Dark blue house with a covered porch beneath mature spreading trees.
Aerial view of a wooded parcel outlined in white, with several buildings and streets along its edges.
Staged living room with gray sofa, armchairs, patterned rug, and multiple windows with woven shades.
Furnished living room with a gray sofa, hardwood floors, fireplace, and large windows with woven blinds.
Console table with a “Welcome to the Blue Bungalow” sign beneath a framed Tallahassee map.
Living room with a white fireplace, mounted TV, hardwood floors, and seating beside two windows.
Living room with gray sofa, leather armchairs, patterned rug, and a wide opening to the dining area.
Living and dining room with hardwood floors, a round table, neutral seating, and large windows overlooking trees.
Bright kitchen with a central island, white cabinets, wood floors, and an adjoining dining table.
Kitchen and dining area with a white island, wood floors, and large windows overlooking greenery.
Kitchen with a quartz island, black faucet, teal tile backsplash, and floating wood shelves.
Kitchen with teal tile backsplash, white island, black range, and wood floors leading to a living room.
Kitchen with a white island, dark teal tile backsplash, open wood shelves, and bamboo-shaded windows.
Kitchen with a teal tile backsplash, stainless-steel range, white counters, and open wood shelves.
Galley kitchen with quartz counters, stainless steel appliances, and a dark teal tile backsplash.
Kitchen coffee station with dark teal tile backsplash, floating wood shelves, and windows overlooking trees.
Kitchen with a large island, woven-seat stools, teal tile backsplash, and open wooden shelves.
Bedroom with a large bed, dark blue brick fireplace, and hardwood floors.
Bright bedroom with a wooden bed, four tree-facing windows, woven shades, and hardwood floors.
Bathroom with white subway tile, a dark vanity, and a large round wood-framed mirror.
Bathroom with a dark vanity, round mirror, white subway-tile shower, and patterned floor.
Laundry hallway with stacked washer and dryer, wood floors, and a black frosted-glass door.
Bright bedroom with a white bed, mustard accent pillow, woven window shades, and white chest of drawers.
Bright bedroom with a white bed, mustard-yellow pillow, gray dresser, and two curtained windows.
Staged bedroom with mustard-yellow pillows, bamboo window blinds, and framed blue wave artwork.
Bedroom with a white bed, hardwood floors, large windows, and an adjoining tiled bathroom.
Bedroom with a white bed, mustard-yellow accent pillow, and glass-enclosed en-suite shower.
Bright bathroom with a glass shower, patterned tile floor, and light wood vanity.
Modern bathroom with a glass shower, patterned tile floor, wood vanity, and round mirror.
Bathroom vanity with wood drawers, brass faucet, and round mirror beside a glass-enclosed shower.
Entry hall with patterned wallpaper, a black bench, framed artwork, and a view into the living area.
Laundry hallway with front-loading washer and dryer, wood floors, and a built-in bench at the far end.
Laundry area with a stacked washer and dryer beside a hallway bench and patterned wallpaper.
Gravel patio with Adirondack chairs around a fire table, picnic table, and grill beneath trees.
Outdoor patio with Adirondack chairs, a picnic bench, and grill beneath large oak trees.
Gravel patio with Adirondack chairs, a fire table, and a picnic table beneath a large oak tree.
Dark blue house with a raised wooden deck and wire railing in a leafy yard.
Dark blue house with a raised wooden deck and outdoor seating among mature trees.
House exterior with dark siding, wood foundation slats, and an air-conditioning condenser.
Residential building exterior with two metal mailbox units beside a wooden deck railing.
Dark blue house with a wooden front porch and hanging swing, surrounded by mature trees.
Dark blue house with a covered porch, hanging wooden swing, and walkway through a green lawn.
Row of dark-sided residential units with green doors and small decks along a tree-lined gravel lane.
Living room with vaulted ceiling, white sofa, and sliding glass doors to a wood deck.
Living room with a white sofa and patterned rug beside an open kitchen and breakfast bar.
Living room with vaulted ceiling, loft stairs, office desk, and sliding doors to a wooden deck.
Open-plan living room and kitchen with a white staircase rising above the television.
Bright white kitchen with a bar peninsula, two stools, and light wood-look floors.
White kitchen with a marble-look peninsula and sliding glass doors to a wooden deck.
Bright white kitchen with shaker cabinets, marble-look counters, and a green-patterned rug.
Kitchen with a large white refrigerator, marble-look island, and sliding doors to a tree-shaded deck.
Loft bedroom with a bed beneath a wood-plank ceiling and a television beside the stairwell.
Bedroom with white bedding, a patterned rug, and a vaulted exposed-beam wood ceiling.
Bedroom with a rumpled bed beneath a vaulted, exposed-wood ceiling and an adjoining bathroom.
Bathroom with a white vanity, black faucet, and tiled tub and shower.
Bathroom vanity with black faucet and mirror beside a white subway-tile tub beneath a wood ceiling.
Raised wooden deck with sturdy railings overlooking leafy trees and a neighboring building.
Two outdoor air-conditioning units beside a dark-sided building, partly screened by shrubs.
Aerial view of a tree-surrounded house with a gray roof and a small furnished patio.
Aerial view of a leafy city neighborhood with a lake, roads, and commercial buildings.
Aerial view of a tree-covered property beside a lake, with a small house in the foreground.
Aerial view of a leafy neighborhood with an apartment building, roads, and a small pond.
Two-story floor plan showing living room, kitchen, foyer, bedroom, bath, and total area of 676 square feet.
Floor plan with two bedrooms, two bathrooms, living room, kitchen, breakfast nook, and laundry room.
VIEW PHOTOS
$1,150,000

118 W 8th Avenue Unit: 1-7

4,966 Sq.Ft.

Description

One or more photos have been virtually enhanced. Immediate cash flow with 100% occupancy across all triplex units and a consistently booked, high-demand Airbnb in the detached home. This extraordinary, completely renovated, and turn-key investment opportunity in the Levy Park area of Midtown in Tallahassee features two income-producing triplexes and a detached single-family home situated less than three miles from Florida State University and the Florida State Capitol. Perfectly positioned for investors seeking strong cash flow and immediate rental potential, this property represents a rare chance to secure a high-performing asset in one of Tallahassee's most desirable neighborhoods. The gross rent roll of the detached home sits at approximately $30,000/year and the long-term triplex leases sit at approximately $7,000 monthly. The detached single-family home, which makes for an ideal short-term or Airbnb rental, features two bedrooms, two full bathrooms, and a thoughtfully designed interior boasting original wood floors, great lighting throughout, and a faux fireplace situated between the living room and bedroom. The eat-in kitchen includes bar stool seating and a coffee nook, while one bathroom offers a wood-grain double vanity, intricate mosaic floor tiling, and a glass-enclosed walk-in shower with a gold rain shower head. Outside, the home features a carefully planned back deck area perfect for grilling and enjoying the outdoors. The triplexes are equally impressive, featuring dramatic vaulted ceilings with both natural wood and white-painted exposed beams, an open main floor concept, durable light-toned wood-plank flooring throughout, in-unit laundry, individual back decks, and unassigned parking spaces. Property maintenance has been expertly handled, including newer AC units and professional tree mitigation to keep branches away from the roofs. This asset is well-positioned to deliver solid returns. All furniture and other items in the detached single-family home are negotiable with the sale.

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Location

118 W 8th Avenue Unit: 1-7, Tallahassee, FL 32303

Status

For Sale

Date Sold

October 1, 2026
Velinda Hittinger

Velinda Hittinger

TITLE

BROKER ASSOCIATE

Property Amenities

Interior
Appliances Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator with Ice Maker, Washer
Flooring Other, Vinyl, Wood
Other Interior Features Tray Ceiling(s), Vaulted Ceiling(s), Window Treatments
Area & Lot
Total area 4,966 Sq.Ft.
Living area 4,966 Sq.Ft.
MLS® ID 401636
Year Built 1979
High School LEON
Middle School RAA
Elementary School RUEDIGER
Architecture Styles One Story, Two Story
Type Multi-Family
Status For Sale
Exterior
Stories 1
Air conditioning Attic Fan, Central Air, Ceiling Fan(s), Electric
Heat type Central, Electric
Security Features Security System
Other Exterior Features Deck
Parking On Street, Unassigned
Finance
Sales Price $1,150,000
Real Estate Tax $9,709 yearly
Dark blue house with a covered porch and hanging swing beneath large trees.

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Dark blue house with a covered porch and hanging swing beneath large trees.

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