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503 & 505 Terrace Street Tallahassee, FL 32308
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Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $178
Subdivision Talaflo Terrace
MLS Listing ID 384445
Sold Date 05/21/25
Bedrooms 4
Full Baths 2
Construction Status Siding - Wood
Year Built 1954
Lot Dimensions 133 x 100 x 133 x 100
Property Sub-Type Multi-Family
Property Description
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!
Location
State FL
County Leon
Area Ne-01
Rooms
Other Rooms Garage Enclosed, Screened Porch
Interior
Heating Central, Electric
Cooling Central, Electric, Fans - Ceiling
Flooring Ceramic/Clay, Vinyl, Wood
Equipment Microwave, Range, Refrig/Icemaker, Refrigerator, Wash/Dry All, Units Vary
Exterior
Parking Features On Street, Shared Garage, Units Vary
Private Pool No
Building
Lot Description Family Room, Kitchen - Eat In, Separate Living Room
Story Story - One
Level or Stories Story - One
Construction Status Siding - Wood
Schools
Elementary Schools Kate Sullivan Elementary
Middle Schools Cobb
High Schools Leon
Others
Ownership Howe
SqFt Source Tax
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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Bought with Amac Real Estate Co.